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ABYSSINIAN BAPTIST CHURCH FEDERAL CREDIT UNION

Jun, 30, 2021 — ABYSSINIAN BAPTIST CHURCH FEDERAL CREDIT UNION is a federal credit union headquartered in NEW YORK CITY, NY with 1 branch location and about $929,591 in total assets. Opened 81 years ago in 1940, ABYSSINIAN BAPTIST CHURCH FEDERAL CREDIT UNION has about 290 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:ABYSSINIAN BAPTIST CHURCH FEDERAL CREDIT UNION
Address:
(Main Office)
132 ODELL CLARK PL
NEW YORK CITY, NY 10030
Phone:(212) 862-5959
Fax:
Website:http://abyssinian.org
Branches:1 branch locations
Members:290
Credit Union Type:Federal Credit Union
Charter Number:4170
Membership Type:Associational - Religious, other than those designated 'low-income'
Corporate Credit Union:No
Year Opened:1940
Last Audited:Nov 01, 2020
FHLB Member:No
Low Income Designation:No
Assets:$929,591
CEO/Manager:Gloria J Calhoun
Chairperson:Valeria Mason

Call Report

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 189,586
TOTAL INVESTMENTS 635,269
Loans Held for Sale 0
 
 Real Estate Loans 0
 Unsecured Loans 52,296
 Other Loans 42,222
 TOTAL LOANS 94,518
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -1,100
 Land And Building 0
 Other Fixed Assets 0
 NCUSIF Deposit 7,587
 All Other Assets 3,731
  TOTAL ASSETS 929,591
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 4,254
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 0
 Regular shares 861,429
 All Other Shares & Deposits 0
  TOTAL SHARES & DEPOSITS 861,429
  TOTAL LIABILITIES 865,683
 Regular Reserve 43,248
 Other Reserves 0
 Undivided Earnings 20,660
  TOTAL EQUITY 63,908
  TOTAL LIABILITIES, SHARES, & EQUITY 929,591
INCOME & EXPENSE  
 Loan Income 2,326
 Investment Income 3,519
 Other Income 94
 Total Employee Compensation & Benefits 0
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 3,980
 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) 1,459
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