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ABYSSINIAN BAPTIST CHURCH FEDERAL CREDIT UNION

Mar, 31, 2022 — ABYSSINIAN BAPTIST CHURCH FEDERAL CREDIT UNION is a federal credit union headquartered in NEW YORK, NY with 1 branch location and about $1.01 million in total assets. Opened 82 years ago in 1940, ABYSSINIAN BAPTIST CHURCH FEDERAL CREDIT UNION has about 325 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:http://abyssinianfcu.org
Branches:1 branch locations
Members:325
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:$1,014,838
CEO/Manager:Gloria Calhoun
Chairperson:Valeria Mason

Call Report

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 247,709
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 0
 Unsecured Loans 73,121
 Other Loans 45,404
 TOTAL LOANS 118,525
 (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 7,614
 All Other Assets 0
  TOTAL ASSETS 1,014,838
LIABILITIES & CAPITAL:  
 Dividends Payable 11
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 4,536
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 0
 Regular shares 928,972
 All Other Shares & Deposits 0
  TOTAL SHARES & DEPOSITS 928,972
  TOTAL LIABILITIES 933,519
 Regular Reserve 0
 Other Reserves 43,248
 Undivided Earnings 38,071
  TOTAL EQUITY 81,319
  TOTAL LIABILITIES, SHARES, & EQUITY 1,014,838
INCOME & EXPENSE  
 Loan Income 1,871
 Investment Income 1,011
 Other Income 87
 Total Employee Compensation & Benefits 0
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 1,458
 Non-operating Income & (Expense) 0
 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) 3,293
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