Sep, 30, 2025 — BLUE FLAME CREDIT UNION is a federally insured state chartered credit union headquartered in CHARLOTTE, NC with 1 branch location and about $29.41 million in total assets. Opened 72 years ago in 1954, BLUE FLAME CREDIT UNION has about 2,969 members and employs 7 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | BLUE FLAME CREDIT UNION |
|---|---|
| Address: (Main Office) | 2000 Continental Blvd CHARLOTTE, NC 28273 |
| Phone: | (704) 523-0075 |
| Fax: | (704) 523-8906 |
| Website: | https://www.blueflamecu.org |
| Branches: | 1 branch locations |
| Members: | 2,969 |
| Credit Union Type: | Federally Insured State Chartered Credit Union |
| Charter Number: | 63519 |
|---|---|
| Membership Type: | State chartered natural person |
| Corporate Credit Union: | No |
| Year Opened: | 1954 |
| Last Audited: | Sep 01, 2025 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $29,410,099 |
| CEO/Manager: | Charles A Lowe |
| Chairperson: | Michael Dyches |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 1,463,349 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 3,042,162 |
| Unsecured Loans | 3,834,591 |
| Other Loans | 15,921,172 |
| TOTAL LOANS | 22,797,925 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -246,092 |
| Land And Building | 3,723,091 |
| Other Fixed Assets | 340,063 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 226,669 |
| All Other Assets | 0 |
| TOTAL ASSETS | 29,410,099 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 299,555 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 4,245,399 |
| Regular shares | 10,116,957 |
| All Other Shares & Deposits | 11,136,593 |
| TOTAL SHARES & DEPOSITS | 25,498,949 |
| TOTAL LIABILITIES | 25,800,284 |
| Regular Reserve | 0 |
| Other Reserves | 0 |
| Undivided Earnings | 3,609,815 |
| TOTAL EQUITY | 3,609,815 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 29,410,099 |
| INCOME & EXPENSE | |
| Loan Income | 997,695 |
| Investment Income | 56,488 |
| Other Income | 36,498 |
| Total Employee Compensation & Benefits | 489,649 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 811,227 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 92,609 |
| Cost of Funds | 239,263 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | -396,919 |
| ↑ Back to Top | |