Dec, 31, 2023 — UNION BAPTIST CHURCH FEDERAL CREDIT UNION is a federal credit union headquartered in FORT WAYNE, IN with 1 branch location and about $852,407 in total assets. Opened 18 years ago in 2006, UNION BAPTIST CHURCH FEDERAL CREDIT UNION has about 365 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: | UNION BAPTIST CHURCH FEDERAL CREDIT UNION |
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Address: (Main Office) | 2135 S Hanna St FORT WAYNE, IN 46803 |
Phone: | (260) 456-1802 |
Fax: | (260) 456-8880 |
Website: | https://www.ubcfcu.org |
Branches: | 1 branch locations |
Members: | 365 |
Credit Union Type: | Federal Credit Union |
Charter Number: | 24781 |
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Membership Type: | Multiple common bond - other |
Corporate Credit Union: | No |
Year Opened: | 2006 |
Last Audited: | Jun 01, 2023 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $852,407 |
CEO/Manager: | Diane Starks |
Chairperson: | Rudolph Lewis |
ASSETS: | $ Amount |
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Cash & Equivalents | 317,158 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 0 |
Real Estate Loans | 0 |
Unsecured Loans | 102,133 |
Other Loans | 481,121 |
TOTAL LOANS | 583,254 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -50,400 |
Land And Building | 734 |
Other Fixed Assets | 716 |
NCUSIF Deposit | 0 |
All Other Assets | 0 |
TOTAL ASSETS | 852,407 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 0 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 254,574 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 0 |
Regular shares | 388,752 |
All Other Shares & Deposits | 0 |
TOTAL SHARES & DEPOSITS | 388,752 |
TOTAL LIABILITIES | 643,326 |
Regular Reserve | 0 |
Other Reserves | 5,817 |
Undivided Earnings | 203,264 |
TOTAL EQUITY | 209,081 |
TOTAL LIABILITIES, SHARES, & EQUITY | 852,407 |
INCOME & EXPENSE | |
Loan Income | 22,371 |
Investment Income | 4,683 |
Other Income | 1,585 |
Total Employee Compensation & Benefits | 55,989 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 49,445 |
Non-operating Income & (Expense) | 198,345 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 50,770 |
Cost of Funds | 937 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | 73,025 |
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