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National Credit Union Service Organization

B E T FEDERAL CREDIT UNION

Mar, 31, 2021 — B E T FEDERAL CREDIT UNION is a federal credit union headquartered in Bronxville, NY with 1 branch location and about $8.21 million in total assets. Opened 81 years ago in 1940, B E T FEDERAL CREDIT UNION has about 482 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)
PO Box 474
Bronxville, NY 10708
Phone:(914) 963-1554
Fax:(914) 963-1554
Website:http://betcreditunion.com
Branches:1 branch locations
Members:482
Credit Union Type:Federal Credit Union
Charter Number:3653
Membership Type:Educational
Corporate Credit Union:No
Year Opened:1940
Last Audited:Sep 01, 2020
FHLB Member:No
Low Income Designation:No
Assets:$8,207,377
CEO/Manager:William Turner
Chairperson:PETER FORMATO

Call Report

  • Real Estate Loans

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 855,832
TOTAL INVESTMENTS 6,430,991
Loans Held for Sale 0
 
 Real Estate Loans 31,497
 Unsecured Loans 253,059
 Other Loans 553,132
 TOTAL LOANS 837,688
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -9,369
 Land And Building 0
 Other Fixed Assets 2,100
 NCUSIF Deposit 66,919
 All Other Assets 23,216
  TOTAL ASSETS 8,207,377
LIABILITIES & CAPITAL:  
 Dividends Payable 18,364
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 1,805
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 0
 Regular shares 7,575,956
 All Other Shares & Deposits 0
  TOTAL SHARES & DEPOSITS 7,575,956
  TOTAL LIABILITIES 7,596,125
 Regular Reserve 146,897
 Other Reserves 0
 Undivided Earnings 464,355
  TOTAL EQUITY 611,252
  TOTAL LIABILITIES, SHARES, & EQUITY 8,207,377
INCOME & EXPENSE  
 Loan Income 6,759
 Investment Income 27,957
 Other Income 0
 Total Employee Compensation & Benefits 9,381
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 5,952
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 0
 Cost of Funds 18,364
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 1,019
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