Dec, 31, 2023 — ARKANSAS FARM BUREAU FEDERAL CREDIT UNION is a federal credit union headquartered in LITTLE ROCK, AR with 1 branch location and about $7.59 million in total assets. Opened 66 years ago in 1958, ARKANSAS FARM BUREAU FEDERAL CREDIT UNION has about 544 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | ARKANSAS FARM BUREAU FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 10720 Kanis Rd LITTLE ROCK, AR 72211-3825 |
| Phone: | (501) 228-1504 |
| Fax: | |
| Website: | https://www.afbfcu.virtualcu.net |
| Branches: | 1 branch locations |
| Members: | 544 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 24439 |
|---|---|
| Membership Type: | Service - Finance, Insurance, Real Estate, Trade |
| Corporate Credit Union: | No |
| Year Opened: | 1958 |
| Last Audited: | Dec 01, 2022 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $7,592,405 |
| CEO/Manager: | Tammy Curry |
| Chairperson: | Leigh Pruss |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 1,519,142 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 0 |
| Unsecured Loans | 158,533 |
| Other Loans | 3,230,469 |
| TOTAL LOANS | 3,389,002 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | 0 |
| Land And Building | 0 |
| Other Fixed Assets | 0 |
| NCUSIF Deposit | 74,690 |
| All Other Assets | 0 |
| TOTAL ASSETS | 7,592,405 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 56,042 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 5,100 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 0 |
| Regular shares | 4,000,124 |
| All Other Shares & Deposits | 1,575,142 |
| TOTAL SHARES & DEPOSITS | 5,575,266 |
| TOTAL LIABILITIES | 5,636,408 |
| Regular Reserve | 0 |
| Other Reserves | 0 |
| Undivided Earnings | 1,955,997 |
| TOTAL EQUITY | 1,955,997 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 7,592,405 |
| INCOME & EXPENSE | |
| Loan Income | 114,761 |
| Investment Income | 97,054 |
| Other Income | 0 |
| Total Employee Compensation & Benefits | 54,000 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 32,021 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | -4,091 |
| Cost of Funds | 75,416 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 56,224 |
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