Dec, 31, 2023 — ABYSSINIAN BAPTIST CHURCH FEDERAL CREDIT UNION is a federal credit union headquartered in NEW YORK, NY with 1 branch location and about $1.07 million in total assets. Opened 84 years ago in 1940, ABYSSINIAN BAPTIST CHURCH FEDERAL CREDIT UNION has about 346 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, NY 10030 |
| Phone: | (212) 862-5959 |
| Fax: | |
| Website: | https://abyssinianfcu.org |
| Branches: | 1 branch locations |
| Members: | 346 |
| 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: | Jun 01, 2023 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $1,065,292 |
| CEO/Manager: | Gloria Calhoun |
| Chairperson: | Valeria Mason |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 184,212 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 0 |
| Unsecured Loans | 174,794 |
| Other Loans | 25,782 |
| TOTAL LOANS | 200,577 |
| (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 | 8,571 |
| All Other Assets | 0 |
| TOTAL ASSETS | 1,065,292 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 33 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 2,987 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 0 |
| Regular shares | 965,102 |
| All Other Shares & Deposits | 0 |
| TOTAL SHARES & DEPOSITS | 965,102 |
| TOTAL LIABILITIES | 968,122 |
| Regular Reserve | 0 |
| Other Reserves | 43,248 |
| Undivided Earnings | 53,922 |
| TOTAL EQUITY | 97,170 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 1,065,292 |
| INCOME & EXPENSE | |
| Loan Income | 17,654 |
| Investment Income | 18,500 |
| Other Income | 316 |
| Total Employee Compensation & Benefits | 0 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 14,060 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 0 |
| Cost of Funds | 5,757 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 18,267 |
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