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AVENUE BAPTIST BROTHERHOOD FEDERAL CREDIT UNION

Dec, 31, 2023 — AVENUE BAPTIST BROTHERHOOD FEDERAL CREDIT UNION is a federal credit union headquartered in SHREVEPORT, LA with 1 branch location and about $593,522 in total assets. Opened 67 years ago in 1957, AVENUE BAPTIST BROTHERHOOD FEDERAL CREDIT UNION has about 95 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:AVENUE BAPTIST BROTHERHOOD FEDERAL CREDIT UNION
Address:
(Main Office)
901 W 70th St
SHREVEPORT, LA 71106
Phone:(318) 670-8852
Fax:(318) 670-8853
Website:n/a
Branches:1 branch locations
Members:95
Credit Union Type:Federal Credit Union
Charter Number:11658
Membership Type:Associational - Religious, other than those designated 'low-income'
Corporate Credit Union:No
Year Opened:1957
Last Audited:Jun 01, 2020
FHLB Member:No
Low Income Designation:No
Assets:$593,522
CEO/Manager:Jackie LaCour
Chairperson:Glenda Young

Call Report

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 455,169
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 288
 Unsecured Loans 10,676
 Other Loans 0
 TOTAL LOANS 10,964
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -3,073
 Land And Building 0
 Other Fixed Assets 0
 NCUSIF Deposit 4,890
 All Other Assets 0
  TOTAL ASSETS 593,522
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 0
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 0
 Regular shares 452,224
 All Other Shares & Deposits 0
  TOTAL SHARES & DEPOSITS 452,224
  TOTAL LIABILITIES 452,224
 Regular Reserve 0
 Other Reserves 13,747
 Undivided Earnings 127,551
  TOTAL EQUITY 141,298
  TOTAL LIABILITIES, SHARES, & EQUITY 593,522
INCOME & EXPENSE  
 Loan Income 1,510
 Investment Income 4
 Other Income 0
 Total Employee Compensation & Benefits 750
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 4,063
 Non-operating Income & (Expense) 1,679
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 0
 Cost of Funds 1,125
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) -2,745
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