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B. BRAUN FEDERAL CREDIT UNION

Jun, 30, 2021 — B. BRAUN FEDERAL CREDIT UNION is a federal credit union headquartered in ALLENTOWN, PA with 1 branch location and about $2.96 million in total assets. Opened 41 years ago in 1980, B. BRAUN FEDERAL CREDIT UNION has about 989 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:B. BRAUN FEDERAL CREDIT UNION
Address:
(Main Office)
901 MARCON BLVD
ALLENTOWN, PA 18109
Phone:(610) 596-2399
Fax:(610) 266-5702
Website:n/a
Branches:1 branch locations
Members:989
Credit Union Type:Federal Credit Union
Charter Number:23725
Membership Type:Manufacturing - Chemicals
Corporate Credit Union:No
Year Opened:1980
Last Audited:Jun 01, 2020
FHLB Member:No
Low Income Designation:No
Assets:$2,956,721
CEO/Manager:Beth Re
Chairperson:Kevin Minnich

Call Report

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 1,682,837
TOTAL INVESTMENTS 650,000
Loans Held for Sale 0
 
 Real Estate Loans 0
 Unsecured Loans 61,064
 Other Loans 456,664
 TOTAL LOANS 517,728
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -3,254
 Land And Building 0
 Other Fixed Assets 0
 NCUSIF Deposit 24,483
 All Other Assets 84,927
  TOTAL ASSETS 2,956,721
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 0
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 0
 Regular shares 2,649,276
 All Other Shares & Deposits 0
  TOTAL SHARES & DEPOSITS 2,649,276
  TOTAL LIABILITIES 2,649,276
 Regular Reserve 6,248
 Other Reserves 0
 Undivided Earnings 301,197
  TOTAL EQUITY 307,445
  TOTAL LIABILITIES, SHARES, & EQUITY 2,956,721
INCOME & EXPENSE  
 Loan Income 9,225
 Investment Income 7,219
 Other Income 165
 Total Employee Compensation & Benefits 0
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 12,147
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 600
 Cost of Funds 622
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 3,240
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