Mar, 31, 2022 — BLUE FLAME CREDIT UNION is a federally insured state chartered credit union headquartered in MOBILE, AL with 1 branch location and about $10.33 million in total assets. Opened 68 years ago in 1954, BLUE FLAME CREDIT UNION has about 872 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: | BLUE FLAME CREDIT UNION |
---|---|
Address: (Main Office) | 220 Furr St MOBILE, AL 36607 |
Phone: | (251) 450-4804 |
Fax: | (251) 450-4890 |
Website: | http://blueflamecreditunion.org |
Branches: | 1 branch locations |
Members: | 872 |
Credit Union Type: | Federally Insured State Chartered Credit Union |
Charter Number: | 64644 |
---|---|
Membership Type: | State chartered natural person |
Corporate Credit Union: | No |
Year Opened: | 1954 |
Last Audited: | Mar 01, 2021 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $10,331,796 |
CEO/Manager: | Jackie Wiley |
Chairperson: | Patrick McKeown |
ASSETS: | $ Amount |
---|---|
Cash & Equivalents | 843,775 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 0 |
Real Estate Loans | 230,702 |
Unsecured Loans | 387,215 |
Other Loans | 4,220,744 |
TOTAL LOANS | 4,838,661 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -33,763 |
Land And Building | 0 |
Other Fixed Assets | 527 |
NCUSIF Deposit | 72,765 |
All Other Assets | 0 |
TOTAL ASSETS | 10,331,796 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 0 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 387,752 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 905,652 |
Regular shares | 7,248,883 |
All Other Shares & Deposits | 546,884 |
TOTAL SHARES & DEPOSITS | 8,701,419 |
TOTAL LIABILITIES | 9,089,171 |
Regular Reserve | 0 |
Other Reserves | 350,000 |
Undivided Earnings | 892,625 |
TOTAL EQUITY | 1,242,625 |
TOTAL LIABILITIES, SHARES, & EQUITY | 10,331,796 |
INCOME & EXPENSE | |
Loan Income | 67,819 |
Investment Income | 4,682 |
Other Income | 11,049 |
Total Employee Compensation & Benefits | 42,141 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 26,593 |
Non-operating Income & (Expense) | 0 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 0 |
Cost of Funds | 3,151 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | 14,156 |
↑ Back to Top |