Mar, 31, 2022 — BROWN-FORMAN EMPLOYEES CREDIT UNION is a federally insured state chartered credit union headquartered in LOUISVILLE, KY with 1 branch location and about $14.36 million in total assets. Opened 86 years ago in 1936, BROWN-FORMAN EMPLOYEES CREDIT UNION has about 1,449 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: | BROWN-FORMAN EMPLOYEES CREDIT UNION |
|---|---|
| Address: (Main Office) | 850 DIXIE HWY LOUISVILLE, KY 40210-1038 |
| Phone: | (502) 774-7003 |
| Fax: | (502) 774-6890 |
| Website: | http://www.bfecu.com |
| Branches: | 1 branch locations |
| Members: | 1,449 |
| Credit Union Type: | Federally Insured State Chartered Credit Union |
| Charter Number: | 62482 |
|---|---|
| Membership Type: | State chartered natural person |
| Corporate Credit Union: | No |
| Year Opened: | 1936 |
| Last Audited: | Mar 01, 2022 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $14,361,372 |
| CEO/Manager: | ERIN WALTER |
| Chairperson: | FRANK HAYSLEY |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 464,390 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 1,298,124 |
| Unsecured Loans | 1,612,216 |
| Other Loans | 5,629,938 |
| TOTAL LOANS | 8,540,278 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -81,947 |
| Land And Building | 0 |
| Other Fixed Assets | 0 |
| NCUSIF Deposit | 103,737 |
| All Other Assets | 14,132 |
| TOTAL ASSETS | 14,361,372 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 19,020 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 22,833 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 636,721 |
| Regular shares | 8,936,740 |
| All Other Shares & Deposits | 2,591,090 |
| TOTAL SHARES & DEPOSITS | 12,164,551 |
| TOTAL LIABILITIES | 12,206,404 |
| Regular Reserve | 0 |
| Other Reserves | 313,439 |
| Undivided Earnings | 1,841,529 |
| TOTAL EQUITY | 2,154,968 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 14,361,372 |
| INCOME & EXPENSE | |
| Loan Income | 134,414 |
| Investment Income | 4,676 |
| Other Income | 8,708 |
| Total Employee Compensation & Benefits | 54,956 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 44,129 |
| Non-operating Income & (Expense) | 5,858 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 9,000 |
| Cost of Funds | 10,771 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 34,810 |
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