Credit Unions Near Me
National Credit Union Service Organization

BRECO FEDERAL CREDIT UNION

Mar, 31, 2022 — BRECO FEDERAL CREDIT UNION is a federal credit union headquartered in BATON ROUGE, LA with 2 branch locations and about $52.23 million in total assets. Opened 88 years ago in 1934, BRECO FEDERAL CREDIT UNION has about 5,134 members and employs 14 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 S Sherwood Forest Blvd
BATON ROUGE, LA 70816-8321
Phone:(225) 273-1529
Fax:(225) 273-4697
Website:http://www.brecofcu.com
Branches:2 branch locations
Members:5,134
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:$52,232,560
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 8,228,003
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 2,799,763
 Unsecured Loans 3,904,482
 Other Loans 20,120,395
 TOTAL LOANS 28,593,079
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -113,390
 Land And Building 1,204,377
 Other Fixed Assets 20,255
 NCUSIF Deposit 458,066
 All Other Assets 0
  TOTAL ASSETS 52,232,560
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 108,176
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 6,382,208
 Regular shares 33,144,873
 All Other Shares & Deposits 7,179,486
  TOTAL SHARES & DEPOSITS 46,706,567
  TOTAL LIABILITIES 46,814,743
 Regular Reserve 0
 Other Reserves 1,666,286
 Undivided Earnings 3,751,531
  TOTAL EQUITY 5,417,817
  TOTAL LIABILITIES, SHARES, & EQUITY 52,232,560
INCOME & EXPENSE  
 Loan Income 347,962
 Investment Income 30,753
 Other Income 112,812
 Total Employee Compensation & Benefits 191,606
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 258,371
 Non-operating Income & (Expense) -1,093
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 2,000
 Cost of Funds 30,100
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 50,159
↑ Back to Top

Other Credit Unions

A M E CHURCH FEDERAL CREDIT UNION
10727 Waverland Dr
BATON ROUGE, LA 70815-5056
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
950 N 22nd St Ste C
BATON ROUGE, LA 70802
LIVINGSTON PARISH FEDERAL CREDIT UNION
890 Florida Ave SE
DENHAM SPRINGS, LA 70726
LOUISIANA USA FEDERAL CREDIT UNION
10289 Airline Hwy
BATON ROUGE, LA 70816
BAYOU FEDERAL CREDIT UNION
5880 Florida Blvd
BATON ROUGE, LA 70806-4247
BATON ROUGE FIRE DEPARTMENT FEDERAL CREDIT UNION
11123 Boardwalk Dr
BATON ROUGE, LA 70816
BATON ROUGE TELCO FEDERAL CREDIT UNION
13404 Airline Hwy
BATON ROUGE, LA 70817-5917