Dec, 31, 2023 — B E T FEDERAL CREDIT UNION is a federal credit union headquartered in YONKERS, NY with 1 branch location and about $7.13 million in total assets. Opened 84 years ago in 1940, B E T FEDERAL CREDIT UNION has about 471 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | B E T FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 194 King Ave YONKERS, NY 10704 |
| Phone: | (914) 963-1554 |
| Fax: | (914) 963-1554 |
| Website: | https://betcreditunion.com |
| Branches: | 1 branch locations |
| Members: | 471 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 3653 |
|---|---|
| Membership Type: | Educational |
| Corporate Credit Union: | No |
| Year Opened: | 1940 |
| Last Audited: | Sep 01, 2023 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $7,134,478 |
| CEO/Manager: | William Turner |
| Chairperson: | Diane Murphy Marchetti |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 452,415 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 0 |
| Unsecured Loans | 309,712 |
| Other Loans | 1,550,309 |
| TOTAL LOANS | 1,860,021 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -8,209 |
| Land And Building | 0 |
| Other Fixed Assets | 1 |
| NCUSIF Deposit | 71,215 |
| All Other Assets | 0 |
| TOTAL ASSETS | 7,134,478 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 60,509 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 2,815 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 0 |
| Regular shares | 6,416,956 |
| All Other Shares & Deposits | 0 |
| TOTAL SHARES & DEPOSITS | 6,416,956 |
| TOTAL LIABILITIES | 6,480,280 |
| Regular Reserve | 0 |
| Other Reserves | 0 |
| Undivided Earnings | 654,198 |
| TOTAL EQUITY | 654,198 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 7,134,478 |
| INCOME & EXPENSE | |
| Loan Income | 49,292 |
| Investment Income | 143,359 |
| Other Income | 48 |
| Total Employee Compensation & Benefits | 37,658 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 30,695 |
| Non-operating Income & (Expense) | 7,754 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 0 |
| Cost of Funds | 124,287 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 7,813 |
| ↑ Back to Top | |