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FIRST BAPTIST CHURCH OF VIENNA (VA) FEDERAL CREDIT UNION

Dec, 31, 2021 — FIRST BAPTIST CHURCH OF VIENNA (VA) FEDERAL CREDIT UNION is a federal credit union headquartered in VIENNA, VA with 1 branch location and about $1.22 million in total assets. Opened 27 years ago in 1995, FIRST BAPTIST CHURCH OF VIENNA (VA) FEDERAL CREDIT UNION has about 360 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:FIRST BAPTIST CHURCH OF VIENNA (VA) FEDERAL CREDIT UNION
Address:
(Main Office)
450 Orchard St NW
VIENNA, VA 22180-4143
Phone:(703) 319-0724
Fax:
Website:n/a
Branches:1 branch locations
Members:360
Credit Union Type:Federal Credit Union
Charter Number:24535
Membership Type:Associational - Religious, other than those designated 'low-income'
Corporate Credit Union:No
Year Opened:1995
Last Audited:Sep 01, 2019
FHLB Member:No
Low Income Designation:No
Assets:$1,220,824
CEO/Manager:Thomas McCullough
Chairperson:Carl Biggs

Call Report

  • Payday Alternative Loans (PAL Loans)
  • First Time Homebuyer Program

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 250,470
TOTAL INVESTMENTS 856,367
Loans Held for Sale 0
 
 Real Estate Loans 0
 Unsecured Loans 304
 Other Loans 103,616
 TOTAL LOANS 103,920
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -2,436
 Land And Building 0
 Other Fixed Assets 0
 NCUSIF Deposit 10,202
 All Other Assets 2,301
  TOTAL ASSETS 1,220,824
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 8,257
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 0
 Regular shares 1,053,876
 All Other Shares & Deposits 11,217
  TOTAL SHARES & DEPOSITS 1,065,093
  TOTAL LIABILITIES 1,073,350
 Regular Reserve 2,256
 Other Reserves 0
 Undivided Earnings 145,218
  TOTAL EQUITY 147,474
  TOTAL LIABILITIES, SHARES, & EQUITY 1,220,824
INCOME & EXPENSE  
 Loan Income 2,373
 Investment Income 4,871
 Other Income 42
 Total Employee Compensation & Benefits 0
 NCUSIF Premiums Expense 257
 Total Other Operating Expenses 15,688
 Non-operating Income & (Expense) 15,443
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 0
 Cost of Funds 3,904
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 2,880
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