Credit Unions Near Me
National Credit Union Service Organization

BRECO FEDERAL CREDIT UNION

Jun, 30, 2021 — BRECO FEDERAL CREDIT UNION is a federal credit union headquartered in BATON ROUGE, LA with 2 branch locations and about $52.65 million in total assets. Opened 87 years ago in 1934, BRECO FEDERAL CREDIT UNION has about 5,174 members and employs 16 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


ABA Routing Number: 265473375
Name:BRECO FEDERAL CREDIT UNION
Address:
(Main Office)
1850 SOUTH SHERWOOD FOREST BLVD
BATON ROUGE, LA 70816
Phone:(225) 273-1529
Fax:(225) 273-4697
Website:http://www.brecofcu.com
Branches:2 branch locations
Members:5,174
Credit Union Type:Federal Credit Union
Charter Number:24526
Membership Type:Multiple common bond - Primarily communications and utilities
Corporate Credit Union:No
Year Opened:1934
Last Audited:Mar 01, 2021
FHLB Member:No
Low Income Designation:No
Assets:$52,645,370
CEO/Manager:Joshua W Poole
Chairperson:Larry D Sandlin

Call Report

  • International Remittances
  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 11,194,503
TOTAL INVESTMENTS 11,481,509
Loans Held for Sale 0
 
 Real Estate Loans 3,080,457
 Unsecured Loans 3,681,547
 Other Loans 19,757,324
 TOTAL LOANS 28,234,271
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -151,303
 Land And Building 1,225,087
 Other Fixed Assets 27,139
 NCUSIF Deposit 432,962
 All Other Assets 201,202
  TOTAL ASSETS 52,645,370
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 72,560
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 6,791,792
 Regular shares 32,949,291
 All Other Shares & Deposits 7,612,138
  TOTAL SHARES & DEPOSITS 47,353,221
  TOTAL LIABILITIES 47,425,781
 Regular Reserve 1,666,286
 Other Reserves 0
 Undivided Earnings 3,553,303
  TOTAL EQUITY 5,219,589
  TOTAL LIABILITIES, SHARES, & EQUITY 52,645,370
INCOME & EXPENSE  
 Loan Income 722,966
 Investment Income 55,921
 Other Income 197,181
 Total Employee Compensation & Benefits 402,422
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 491,170
 Non-operating Income & (Expense) 1,012
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 30,500
 Cost of Funds 73,818
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 135,226
↑ Back to Top

Other Credit Unions

A M E CHURCH FEDERAL CREDIT UNION
1358 South St
BATON ROUGE, LA 70802
A L E C FEDERAL CREDIT UNION
10725 AIRLINE HWY
BATON ROUGE, LA 70816
S.A.I.F. FEDERAL CREDIT UNION
PO BOX 77959
BATON ROUGE, LA 70879
EAST BATON ROUGE TEACHERS FEDERAL CREDIT UNION
4836 Plank Rd
BATON ROUGE, LA 70805
LES FEDERAL CREDIT UNION
PO BOX 44201
BATON ROUGE, LA 70804-4201
LIVINGSTON PARISH FEDERAL CREDIT UNION
PO BOX 687
DENHAM SPRINGS, LA 70727
LOUISIANA USA FEDERAL CREDIT UNION
P O BOX 15745
BATON ROUGE, LA 70895
BAYOU FEDERAL CREDIT UNION
5880 FLORIDA BLVD
BATON ROUGE, LA 70806-4247
BATON ROUGE FIRE DEPARTMENT FEDERAL CREDIT UNION
PO Box 40118
BATON ROUGE, LA 70835
BATON ROUGE TELCO FEDERAL CREDIT UNION
13404 AIRLINE HWY
BATON ROUGE, LA 70817-5917