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BETHEL BAPTIST CHURCH EAST CREDIT UNION

Mar, 31, 2022 — BETHEL BAPTIST CHURCH EAST CREDIT UNION is a federally insured state chartered credit union headquartered in Detroit, MI with 1 branch location and about $92,014 in total assets. Opened 48 years ago in 1974, BETHEL BAPTIST CHURCH EAST CREDIT UNION has about 1 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:BETHEL BAPTIST CHURCH EAST CREDIT UNION
Address:
(Main Office)
5715 Holcomb St
Detroit, MI 48213
Phone:(313) 923-1644
Fax:(313) 923-6025
Website:n/a
Branches:1 branch locations
Members:1
Credit Union Type:Federally Insured State Chartered Credit Union
Charter Number:62177
Membership Type:State chartered natural person
Corporate Credit Union:No
Year Opened:1974
Last Audited:Mar 01, 2020
FHLB Member:No
Low Income Designation:No
Assets:$92,014
CEO/Manager:Sherion Bounds
Chairperson:Jaime Odister

Call Report

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 92,014
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 0
 Unsecured Loans 0
 Other Loans 0
 TOTAL LOANS 0
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) 0
 Land And Building 0
 Other Fixed Assets 0
 NCUSIF Deposit 0
 All Other Assets 0
  TOTAL ASSETS 92,014
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 0
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 0
 Regular shares 0
 All Other Shares & Deposits 0
  TOTAL SHARES & DEPOSITS 0
  TOTAL LIABILITIES 0
 Regular Reserve 12,460
 Other Reserves 0
 Undivided Earnings 79,554
  TOTAL EQUITY 92,014
  TOTAL LIABILITIES, SHARES, & EQUITY 92,014
INCOME & EXPENSE  
 Loan Income 3,438
 Investment Income 4,125
 Other Income 2
 Total Employee Compensation & Benefits 1,375
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 14,128
 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) -7,938
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