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BROOKLAND FEDERAL CREDIT UNION

Mar, 31, 2022 — BROOKLAND FEDERAL CREDIT UNION is a federal credit union headquartered in WEST COLUMBIA, SC with 1 branch location and about $4.79 million in total assets. Opened 23 years ago in 1999, BROOKLAND FEDERAL CREDIT UNION has about 1,267 members and employs 3 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: 053285487
Name:BROOKLAND FEDERAL CREDIT UNION
Address:
(Main Office)
949 Sunset Blvd
WEST COLUMBIA, SC 29169
Phone:(803) 794-9201
Fax:(803) 794-9204
Website:https://www.brooklandfcu.org
Branches:1 branch locations
Members:1,267
Credit Union Type:Federal Credit Union
Charter Number:24623
Membership Type:Associational - Religious, other than those designated 'low-income'
Corporate Credit Union:No
Year Opened:1999
Last Audited:Dec 01, 2021
FHLB Member:No
Low Income Designation:No
Assets:$4,792,984
CEO/Manager:Ronald A Cooley
Chairperson:Ivan Earle

Call Report

  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 859,595
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 0
 Unsecured Loans 118,717
 Other Loans 3,303,594
 TOTAL LOANS 3,422,311
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -55,678
 Land And Building 0
 Other Fixed Assets 64,519
 NCUSIF Deposit 35,731
 All Other Assets 0
  TOTAL ASSETS 4,792,984
LIABILITIES & CAPITAL:  
 Dividends Payable 3
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 20,858
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 1,291,069
 Regular shares 2,781,690
 All Other Shares & Deposits 409,361
  TOTAL SHARES & DEPOSITS 4,482,120
  TOTAL LIABILITIES 4,502,981
 Regular Reserve 0
 Other Reserves 205,381
 Undivided Earnings 84,622
  TOTAL EQUITY 290,003
  TOTAL LIABILITIES, SHARES, & EQUITY 4,792,984
INCOME & EXPENSE  
 Loan Income 43,466
 Investment Income 961
 Other Income 12,443
 Total Employee Compensation & Benefits 31,805
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 42,005
 Non-operating Income & (Expense) 18,750
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 0
 Cost of Funds 617
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 2,614
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