Dec, 31, 2023 — B.E.A. CREDIT UNION is a federally insured state chartered credit union headquartered in BETHALTO, IL with 0 branch location and about $2.97 million in total assets. Opened 70 years ago in 1954, B.E.A. CREDIT UNION has about 468 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
Name: | B.E.A. CREDIT UNION |
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Address: (Main Office) | 101 School St BETHALTO, IL 62010 |
Phone: | (618) 377-3948 |
Fax: | (618) 377-2702 |
Website: | n/a |
Branches: | 0 branch locations |
Members: | 468 |
Credit Union Type: | Federally Insured State Chartered Credit Union |
Charter Number: | 65759 |
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Membership Type: | State chartered natural person |
Corporate Credit Union: | No |
Year Opened: | 1954 |
Last Audited: | Dec 01, 2021 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $2,971,573 |
CEO/Manager: | Joseph D Schoppet |
Chairperson: | Stephen Lowrance |
ASSETS: | $ Amount |
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Cash & Equivalents | 304,307 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 0 |
Real Estate Loans | 0 |
Unsecured Loans | 404,529 |
Other Loans | 1,982,367 |
TOTAL LOANS | 2,386,896 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -71,992 |
Land And Building | 0 |
Other Fixed Assets | 787 |
NCUSIF Deposit | 24,878 |
All Other Assets | 0 |
TOTAL ASSETS | 2,971,573 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 3,766 |
Notes & Interest Payable | 200,000 |
Accounts Payable & Other Liabilities | 1,100 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 0 |
Regular shares | 2,161,067 |
All Other Shares & Deposits | 42 |
TOTAL SHARES & DEPOSITS | 2,161,109 |
TOTAL LIABILITIES | 2,365,975 |
Regular Reserve | 0 |
Other Reserves | 212,219 |
Undivided Earnings | 393,379 |
TOTAL EQUITY | 605,598 |
TOTAL LIABILITIES, SHARES, & EQUITY | 2,971,573 |
INCOME & EXPENSE | |
Loan Income | 122,272 |
Investment Income | 14,131 |
Other Income | 5,136 |
Total Employee Compensation & Benefits | 44,914 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 47,223 |
Non-operating Income & (Expense) | 0 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 0 |
Cost of Funds | 22,274 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | 30,514 |
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