Jun, 30, 2024 — BIRMINGHAM CITY CREDIT UNION is a federally insured state chartered credit union headquartered in BIRMINGHAM, AL with 0 branch location and about $9.96 million in total assets. Opened 68 years ago in 1956, BIRMINGHAM CITY CREDIT UNION has about 2,280 members and employs 5 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | BIRMINGHAM CITY CREDIT UNION |
|---|---|
| Address: (Main Office) | 2725 35th Ave N BIRMINGHAM, AL 35207-2839 |
| Phone: | (205) 583-4654 |
| Fax: | (205) 583-4654 |
| Website: | https://www.bhamcu.org |
| Branches: | 0 branch locations |
| Members: | 2,280 |
| Credit Union Type: | Federally Insured State Chartered Credit Union |
| Charter Number: | 64528 |
|---|---|
| Membership Type: | State chartered natural person |
| Corporate Credit Union: | No |
| Year Opened: | 1956 |
| Last Audited: | Apr 01, 2022 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $9,955,961 |
| CEO/Manager: | Carrie Player |
| Chairperson: | James R Robinett |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 2,825,589 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 139,281 |
| Unsecured Loans | 989,472 |
| Other Loans | 5,664,431 |
| TOTAL LOANS | 6,793,184 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -126,972 |
| Land And Building | 280,010 |
| Other Fixed Assets | 2,595 |
| NCUSIF Deposit | 80,423 |
| All Other Assets | 11,723 |
| TOTAL ASSETS | 9,955,961 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 450 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 41,629 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 295,350 |
| Regular shares | 7,548,905 |
| All Other Shares & Deposits | 352,351 |
| TOTAL SHARES & DEPOSITS | 8,196,606 |
| TOTAL LIABILITIES | 8,238,685 |
| Regular Reserve | 0 |
| Other Reserves | 71,091 |
| Undivided Earnings | 1,646,185 |
| TOTAL EQUITY | 1,717,276 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 9,955,961 |
| INCOME & EXPENSE | |
| Loan Income | 489,588 |
| Investment Income | 19,680 |
| Other Income | 180,800 |
| Total Employee Compensation & Benefits | 247,198 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 244,334 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 68,406 |
| Cost of Funds | 14,976 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 115,154 |
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