Jun, 30, 2024 — BAYER CREDIT UNION is a federally insured state chartered credit union headquartered in KANSAS CITY, MO with 1 branch location and about $7.61 million in total assets. Opened 50 years ago in 1975, BAYER CREDIT UNION has about 1,894 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | BAYER CREDIT UNION |
|---|---|
| Address: (Main Office) | 8400 Hawthorne Rd KANSAS CITY, MO 64120 |
| Phone: | (816) 242-2133 |
| Fax: | (816) 242-2995 |
| Website: | https://bayercu.org |
| Branches: | 1 branch locations |
| Members: | 1,894 |
| Credit Union Type: | Federally Insured State Chartered Credit Union |
| Charter Number: | 63333 |
|---|---|
| Membership Type: | State chartered natural person |
| Corporate Credit Union: | No |
| Year Opened: | 1975 |
| Last Audited: | Apr 01, 2022 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $7,608,104 |
| CEO/Manager: | Charlynn S Marshall |
| Chairperson: | Tina Myers |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 4,005,999 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 75,644 |
| Unsecured Loans | 315,121 |
| Other Loans | 2,393,406 |
| TOTAL LOANS | 2,784,171 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -9,443 |
| Land And Building | 0 |
| Other Fixed Assets | 0 |
| NCUSIF Deposit | 69,146 |
| All Other Assets | 0 |
| TOTAL ASSETS | 7,608,104 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 598 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 210,053 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 2,242,202 |
| Regular shares | 4,693,632 |
| All Other Shares & Deposits | 231,782 |
| TOTAL SHARES & DEPOSITS | 7,167,616 |
| TOTAL LIABILITIES | 7,378,267 |
| Regular Reserve | 0 |
| Other Reserves | 125,000 |
| Undivided Earnings | 104,837 |
| TOTAL EQUITY | 229,837 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 7,608,104 |
| INCOME & EXPENSE | |
| Loan Income | 96,235 |
| Investment Income | 24,340 |
| Other Income | 12,585 |
| Total Employee Compensation & Benefits | 99,900 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 278,598 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 835 |
| Cost of Funds | 4,121 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | -218,131 |
| ↑ Back to Top | |