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BEREA FEDERAL CREDIT UNION

Mar, 31, 2021 — BEREA FEDERAL CREDIT UNION is a federal credit union headquartered in BROOKLYN, NY with 0 branch location and about $104,952 in total assets. Opened 39 years ago in 1982, BEREA FEDERAL CREDIT UNION has about 131 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:BEREA FEDERAL CREDIT UNION
Address:
(Main Office)
1641 BERGEN STREET
BROOKLYN, NY 11213-2416
Phone:(718) 778-5617
Fax:(718) 771-3854
Website:n/a
Branches:0 branch locations
Members:131
Credit Union Type:Federal Credit Union
Charter Number:23888
Membership Type:Associational - Religious, other than those designated 'low-income'
Corporate Credit Union:No
Year Opened:1982
Last Audited:Dec 01, 2019
FHLB Member:No
Low Income Designation:No
Assets:$104,952
CEO/Manager:Forrest Williams-McDonald
Chairperson:ARLEE GRIFFIN

Call Report

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 72,582
TOTAL INVESTMENTS 21,100
Loans Held for Sale 0
 
 Real Estate Loans 0
 Unsecured Loans 10,936
 Other Loans 0
 TOTAL LOANS 10,936
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -978
 Land And Building 0
 Other Fixed Assets 0
 NCUSIF Deposit 1,312
 All Other Assets 0
  TOTAL ASSETS 104,952
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 88,143
 All Other Shares & Deposits 0
  TOTAL SHARES & DEPOSITS 88,143
  TOTAL LIABILITIES 88,143
 Regular Reserve 11,484
 Other Reserves 0
 Undivided Earnings 5,325
  TOTAL EQUITY 16,809
  TOTAL LIABILITIES, SHARES, & EQUITY 104,952
INCOME & EXPENSE  
 Loan Income 197
 Investment Income 103
 Other Income 0
 Total Employee Compensation & Benefits 0
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 0
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 0
 Cost of Funds 0
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 300
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