Sep, 30, 2022 — BLUE FLAME CREDIT UNION is a federally insured state chartered credit union headquartered in MOBILE, AL with 1 branch location and about $10.06 million in total assets. Opened 69 years ago in 1954, BLUE FLAME CREDIT UNION has about 864 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: | https://blueflamecreditunion.org |
Branches: | 1 branch locations |
Members: | 864 |
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, 2022 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $10,064,240 |
CEO/Manager: | Jackie Wiley |
Chairperson: | Patrick McKeown |
ASSETS: | $ Amount |
---|---|
Cash & Equivalents | 456,101 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 0 |
Real Estate Loans | 208,424 |
Unsecured Loans | 401,294 |
Other Loans | 4,745,333 |
TOTAL LOANS | 5,355,051 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -36,200 |
Land And Building | 0 |
Other Fixed Assets | 13 |
NCUSIF Deposit | 83,428 |
All Other Assets | 0 |
TOTAL ASSETS | 10,064,240 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 0 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 380,576 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 1,095,463 |
Regular shares | 6,848,553 |
All Other Shares & Deposits | 446,873 |
TOTAL SHARES & DEPOSITS | 8,390,889 |
TOTAL LIABILITIES | 8,771,465 |
Regular Reserve | 0 |
Other Reserves | 350,000 |
Undivided Earnings | 942,775 |
TOTAL EQUITY | 1,292,775 |
TOTAL LIABILITIES, SHARES, & EQUITY | 10,064,240 |
INCOME & EXPENSE | |
Loan Income | 217,245 |
Investment Income | 21,515 |
Other Income | 35,038 |
Total Employee Compensation & Benefits | 128,062 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 72,347 |
Non-operating Income & (Expense) | 0 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 0 |
Cost of Funds | 12,002 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | 64,307 |
↑ Back to Top |