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 |
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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 |
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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 |
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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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