Dec, 31, 2021 — FELLOWSHIP BAPTIST CHURCH CREDIT UNION is a federally insured state chartered credit union headquartered in CHICAGO, IL with 1 branch location and about $552,270 in total assets. Opened 45 years ago in 1977, FELLOWSHIP BAPTIST CHURCH CREDIT UNION has about 422 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: | FELLOWSHIP BAPTIST CHURCH CREDIT UNION |
|---|---|
| Address: (Main Office) | 4543 S PRINCETON AVE CHICAGO, IL 60609-3620 |
| Phone: | (773) 373-8537 |
| Fax: | |
| Website: | n/a |
| Branches: | 1 branch locations |
| Members: | 422 |
| Credit Union Type: | Federally Insured State Chartered Credit Union |
| Charter Number: | 64252 |
|---|---|
| Membership Type: | State chartered natural person |
| Corporate Credit Union: | No |
| Year Opened: | 1977 |
| Last Audited: | Dec 01, 2020 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $552,270 |
| CEO/Manager: | BARON LEWIS |
| Chairperson: | DELORES JOHNSON |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 226,987 |
| TOTAL INVESTMENTS | 189,718 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 0 |
| Unsecured Loans | 29,114 |
| Other Loans | 110,981 |
| TOTAL LOANS | 140,095 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -10,587 |
| Land And Building | 0 |
| Other Fixed Assets | 0 |
| NCUSIF Deposit | 4,387 |
| All Other Assets | 1,670 |
| TOTAL ASSETS | 552,270 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 73,993 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 0 |
| Regular shares | 398,792 |
| All Other Shares & Deposits | 0 |
| TOTAL SHARES & DEPOSITS | 398,792 |
| TOTAL LIABILITIES | 472,785 |
| Regular Reserve | 54,485 |
| Other Reserves | 25,000 |
| Undivided Earnings | 0 |
| TOTAL EQUITY | 79,485 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 552,270 |
| INCOME & EXPENSE | |
| Loan Income | 8,917 |
| Investment Income | 2,856 |
| Other Income | 688 |
| Total Employee Compensation & Benefits | 25 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 14,623 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 5,000 |
| Cost of Funds | 1,512 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 3,861 |
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