Dec, 31, 2023 — ATTLEBORO M E FEDERAL CREDIT UNION is a federal credit union headquartered in ATTLEBORO, MA with 1 branch location and about $25.76 million in total assets. Opened 60 years ago in 1964, ATTLEBORO M E FEDERAL CREDIT UNION has about 1,576 members and employs 4 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | ATTLEBORO M E FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 138 S Main St ATTLEBORO, MA 02703-3909 |
| Phone: | (508) 226-0140 |
| Fax: | (508) 222-9359 |
| Website: | https://www.attleborofcu.org |
| Branches: | 1 branch locations |
| Members: | 1,576 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 16011 |
|---|---|
| Membership Type: | Multiple common bond - Primarily federal, state, local government |
| Corporate Credit Union: | No |
| Year Opened: | 1964 |
| Last Audited: | Sep 01, 2023 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $25,760,644 |
| CEO/Manager: | Scott R Kaplan |
| Chairperson: | Garry Billingkhoff |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 2,150,844 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 2,002,381 |
| Unsecured Loans | 1,120,897 |
| Other Loans | 2,350,915 |
| TOTAL LOANS | 5,474,193 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -11,944 |
| Land And Building | 321,513 |
| Other Fixed Assets | 21,597 |
| NCUSIF Deposit | 261,871 |
| All Other Assets | 0 |
| TOTAL ASSETS | 25,760,644 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 63,271 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 3,686,863 |
| Regular shares | 15,823,422 |
| All Other Shares & Deposits | 3,652,734 |
| TOTAL SHARES & DEPOSITS | 23,163,021 |
| TOTAL LIABILITIES | 23,226,292 |
| Regular Reserve | 0 |
| Other Reserves | 222,333 |
| Undivided Earnings | 2,312,019 |
| TOTAL EQUITY | 2,534,352 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 25,760,644 |
| INCOME & EXPENSE | |
| Loan Income | 276,540 |
| Investment Income | 583,031 |
| Other Income | 25,410 |
| Total Employee Compensation & Benefits | 268,579 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 263,278 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 11,944 |
| Cost of Funds | 68,305 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 314,866 |
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