Jun, 30, 2021 — BLUE FLAME CREDIT UNION is a federally insured state chartered credit union headquartered in Mobile, AL with 1 branch location and about $9.29 million in total assets. Opened 67 years ago in 1954, BLUE FLAME CREDIT UNION has about 863 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) | PO Box 7386 Mobile, AL 36670-0386 |
| Phone: | (251) 450-4804 |
| Fax: | (251) 450-4890 |
| Website: | http://blueflamecreditunion.org |
| Branches: | 1 branch locations |
| Members: | 863 |
| 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: | $9,290,982 |
| CEO/Manager: | Jackie Wiley |
| Chairperson: | Patrick McKeown |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 1,306,808 |
| TOTAL INVESTMENTS | 3,113,436 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 262,753 |
| Unsecured Loans | 405,397 |
| Other Loans | 4,146,993 |
| TOTAL LOANS | 4,815,143 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -29,857 |
| Land And Building | 0 |
| Other Fixed Assets | 1,594 |
| NCUSIF Deposit | 72,765 |
| All Other Assets | 11,093 |
| TOTAL ASSETS | 9,290,982 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 11,586 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 759,379 |
| Regular shares | 6,671,333 |
| All Other Shares & Deposits | 640,279 |
| TOTAL SHARES & DEPOSITS | 8,070,991 |
| TOTAL LIABILITIES | 8,082,577 |
| Regular Reserve | 350,000 |
| Other Reserves | 0 |
| Undivided Earnings | 858,405 |
| TOTAL EQUITY | 1,208,405 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 9,290,982 |
| INCOME & EXPENSE | |
| Loan Income | 138,667 |
| Investment Income | 10,859 |
| Other Income | 14,665 |
| Total Employee Compensation & Benefits | 95,195 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 49,778 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 0 |
| Cost of Funds | 6,155 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 13,149 |
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