BRASSIES CREDIT UNION is no longer an active credit union according to the NCUA. If available, you can view their website at https://www.brassiescu.com/ for more information.
Sep, 30, 2022 — BRASSIES CREDIT UNION is a federally insured state chartered credit union headquartered in Anniston, AL with 1 branch location and about $3.51 million in total assets. Opened 69 years ago in 1954, BRASSIES CREDIT UNION has about 474 members and employs 3 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | BRASSIES CREDIT UNION |
|---|---|
| Address: (Main Office) | Box 300, 1414 Golden Springs Road Anniston, AL 36207 |
| Phone: | (256) 831-7180 |
| Fax: | (256) 831-5053 |
| Website: | https://www.brassiescu.com/ |
| Branches: | 1 branch locations |
| Members: | 474 |
| Credit Union Type: | Federally Insured State Chartered Credit Union |
| Charter Number: | 60593 |
|---|---|
| Membership Type: | State chartered natural person |
| Corporate Credit Union: | No |
| Year Opened: | 1954 |
| Last Audited: | Aug 01, 2019 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $3,506,910 |
| CEO/Manager: | Michelle L King |
| Chairperson: | NINA D GILBERT |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 505,985 |
| TOTAL INVESTMENTS | 995,000 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 341,654 |
| Unsecured Loans | 216,359 |
| Other Loans | 1,324,528 |
| TOTAL LOANS | 1,882,541 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -36,539 |
| Land And Building | 119,365 |
| Other Fixed Assets | 0 |
| NCUSIF Deposit | 29,355 |
| All Other Assets | 11,203 |
| TOTAL ASSETS | 3,506,910 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 942 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 0 |
| Regular shares | 2,638,897 |
| All Other Shares & Deposits | 343,199 |
| TOTAL SHARES & DEPOSITS | 2,982,096 |
| TOTAL LIABILITIES | 2,983,038 |
| Regular Reserve | 620,000 |
| Other Reserves | 0 |
| Undivided Earnings | -96,128 |
| TOTAL EQUITY | 523,872 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 3,506,910 |
| INCOME & EXPENSE | |
| Loan Income | 71,350 |
| Investment Income | 11,091 |
| Other Income | 9,436 |
| Total Employee Compensation & Benefits | 73,322 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 119,316 |
| Non-operating Income & (Expense) | -31,969 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 15,831 |
| Cost of Funds | 4,147 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | -152,708 |
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