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BEULAH FEDERAL CREDIT UNION

Mar, 31, 2021 — BEULAH FEDERAL CREDIT UNION is a federal credit union headquartered in Brooklyn, NY with 1 branch location and about $175,690 in total assets. Opened 14 years ago in 2007, BEULAH FEDERAL CREDIT UNION has about 131 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:BEULAH FEDERAL CREDIT UNION
Address:
(Main Office)
1250 St. Johns Place
Brooklyn, NY 11213-2729
Phone:(718) 756-2310
Fax:
Website:n/a
Branches:1 branch locations
Members:131
Credit Union Type:Federal Credit Union
Charter Number:24790
Membership Type:Associational - Religious, other than those designated 'low-income'
Corporate Credit Union:No
Year Opened:2007
Last Audited:Oct 01, 2018
FHLB Member:No
Low Income Designation:No
Assets:$175,690
CEO/Manager:Valerie M Thomas
Chairperson:Pamela A Mayers-Miller

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Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 170,092
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 0
 Unsecured Loans 571
 Other Loans 0
 TOTAL LOANS 571
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -400
 Land And Building 0
 Other Fixed Assets 0
 NCUSIF Deposit 1,665
 All Other Assets 3,762
  TOTAL ASSETS 175,690
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 1,328
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 0
 Regular shares 161,205
 All Other Shares & Deposits 0
  TOTAL SHARES & DEPOSITS 161,205
  TOTAL LIABILITIES 162,533
 Regular Reserve 500
 Other Reserves 0
 Undivided Earnings 12,657
  TOTAL EQUITY 13,157
  TOTAL LIABILITIES, SHARES, & EQUITY 175,690
INCOME & EXPENSE  
 Loan Income 20
 Investment Income 39
 Other Income 50
 Total Employee Compensation & Benefits 0
 NCUSIF Premiums Expense 206
 Total Other Operating Expenses 420
 Non-operating Income & (Expense) 500
 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) -17
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