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FELLOWSHIP BAPTIST CHURCH CREDIT UNION

Dec, 31, 2023 — FELLOWSHIP BAPTIST CHURCH CREDIT UNION is a federally insured state chartered credit union headquartered in CHICAGO, IL with 1 branch location and about $713,899 in total assets. Opened 47 years ago in 1977, FELLOWSHIP BAPTIST CHURCH CREDIT UNION has about 389 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:https://fellowshipchicagocu.com
Branches:1 branch locations
Members:389
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:Apr 01, 2023
FHLB Member:No
Low Income Designation:No
Assets:$713,899
CEO/Manager:BARON LEWIS
Chairperson:DELORES JOHNSON

Call Report

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 334,284
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 0
 Unsecured Loans 22,894
 Other Loans 167,366
 TOTAL LOANS 190,260
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -14,229
 Land And Building 0
 Other Fixed Assets 0
 NCUSIF Deposit 4,597
 All Other Assets 0
  TOTAL ASSETS 713,899
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 12,878
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 0
 Regular shares 450,123
 All Other Shares & Deposits 0
  TOTAL SHARES & DEPOSITS 450,123
  TOTAL LIABILITIES 463,001
 Regular Reserve 0
 Other Reserves 175,288
 Undivided Earnings 75,610
  TOTAL EQUITY 250,898
  TOTAL LIABILITIES, SHARES, & EQUITY 713,899
INCOME & EXPENSE  
 Loan Income 8,805
 Investment Income 13,504
 Other Income 1,397
 Total Employee Compensation & Benefits 480
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 105,835
 Non-operating Income & (Expense) 102,833
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 0
 Cost of Funds 6,342
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 13,882
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