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UNION BAPTIST CHURCH FEDERAL CREDIT UNION

Mar, 31, 2021 — UNION BAPTIST CHURCH FEDERAL CREDIT UNION is a federal credit union headquartered in FORT WAYNE, IN with 1 branch location and about $175,099 in total assets. Opened 15 years ago in 2006, UNION BAPTIST CHURCH FEDERAL CREDIT UNION has about 283 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:UNION BAPTIST CHURCH FEDERAL CREDIT UNION
Address:
(Main Office)
2200 SMITH ST
FORT WAYNE, IN 46803
Phone:(260) 456-1802
Fax:(260) 456-8880
Website:http://www.ubc-fcu.org
Branches:1 branch locations
Members:283
Credit Union Type:Federal Credit Union
Charter Number:24781
Membership Type:Associational - Religious, other than those designated 'low-income'
Corporate Credit Union:No
Year Opened:2006
Last Audited:Dec 01, 2019
FHLB Member:No
Low Income Designation:No
Assets:$175,099
CEO/Manager:Janiece Norfleet
Chairperson:Rudolph Lewis

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Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 156,426
TOTAL INVESTMENTS 100
Loans Held for Sale 0
 
 Real Estate Loans 0
 Unsecured Loans 967
 Other Loans 17,004
 TOTAL LOANS 17,971
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -630
 Land And Building 0
 Other Fixed Assets 0
 NCUSIF Deposit 1,232
 All Other Assets 0
  TOTAL ASSETS 175,099
LIABILITIES & CAPITAL:  
 Dividends Payable 74
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 7,500
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 0
 Regular shares 146,192
 All Other Shares & Deposits 0
  TOTAL SHARES & DEPOSITS 146,192
  TOTAL LIABILITIES 153,766
 Regular Reserve 5,817
 Other Reserves 0
 Undivided Earnings 15,516
  TOTAL EQUITY 21,333
  TOTAL LIABILITIES, SHARES, & EQUITY 175,099
INCOME & EXPENSE  
 Loan Income 247
 Investment Income 49
 Other Income 10
 Total Employee Compensation & Benefits 0
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 3,367
 Non-operating Income & (Expense) 1,202
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 0
 Cost of Funds 0
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) -1,859
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