Jun, 30, 2021 — BROWN-FORMAN EMPLOYEES CREDIT UNION is a federally insured state chartered credit union headquartered in LOUISVILLE, KY with 0 branch location and about $14.12 million in total assets. Opened 85 years ago in 1936, BROWN-FORMAN EMPLOYEES CREDIT UNION has about 1,539 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) 774-7321 |
| Fax: | (502) 774-6890 |
| Website: | http://www.bfecu.com |
| Branches: | 0 branch locations |
| Members: | 1,539 |
| 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: | Apr 01, 2021 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $14,122,939 |
| CEO/Manager: | ERIN WALTER |
| Chairperson: | FRANK HAYSLEY |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 828,193 |
| TOTAL INVESTMENTS | 5,198,477 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 1,335,585 |
| Unsecured Loans | 1,575,344 |
| Other Loans | 5,138,787 |
| TOTAL LOANS | 8,049,716 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -72,914 |
| Land And Building | 0 |
| Other Fixed Assets | 0 |
| NCUSIF Deposit | 103,737 |
| All Other Assets | 15,730 |
| TOTAL ASSETS | 14,122,939 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 26,995 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 38,456 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 619,431 |
| Regular shares | 8,927,941 |
| All Other Shares & Deposits | 2,498,279 |
| TOTAL SHARES & DEPOSITS | 12,045,651 |
| TOTAL LIABILITIES | 12,111,102 |
| Regular Reserve | 313,439 |
| Other Reserves | 0 |
| Undivided Earnings | 1,698,398 |
| TOTAL EQUITY | 2,011,837 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 14,122,939 |
| INCOME & EXPENSE | |
| Loan Income | 268,936 |
| Investment Income | 8,218 |
| Other Income | 14,432 |
| Total Employee Compensation & Benefits | 106,179 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 78,887 |
| Non-operating Income & (Expense) | 35 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 23,059 |
| Cost of Funds | 23,003 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 72,708 |
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