Credit Unions Near Me
National Credit Union Service Organization

BRECO FEDERAL CREDIT UNION

Dec, 31, 2021 — BRECO FEDERAL CREDIT UNION is a federal credit union headquartered in BATON ROUGE, LA with 2 branch locations and about $52.09 million in total assets. Opened 88 years ago in 1934, BRECO FEDERAL CREDIT UNION has about 5,113 members and employs 13 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:5,113
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:$52,093,912
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 11,344,738
TOTAL INVESTMENTS 11,605,286
Loans Held for Sale 0
 
 Real Estate Loans 2,707,550
 Unsecured Loans 3,900,952
 Other Loans 19,113,933
 TOTAL LOANS 27,338,672
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -117,959
 Land And Building 1,211,280
 Other Fixed Assets 23,171
 NCUSIF Deposit 458,066
 All Other Assets 230,658
  TOTAL ASSETS 52,093,912
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 103,588
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 6,282,444
 Regular shares 33,011,113
 All Other Shares & Deposits 7,329,110
  TOTAL SHARES & DEPOSITS 46,622,667
  TOTAL LIABILITIES 46,726,255
 Regular Reserve 1,666,286
 Other Reserves 0
 Undivided Earnings 3,701,371
  TOTAL EQUITY 5,367,657
  TOTAL LIABILITIES, SHARES, & EQUITY 52,093,912
INCOME & EXPENSE  
 Loan Income 1,436,615
 Investment Income 107,036
 Other Income 411,858
 Total Employee Compensation & Benefits 829,899
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 1,023,104
 Non-operating Income & (Expense) 6,807
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 49,100
 Cost of Funds 135,516
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 283,293
↑ 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
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