Dec, 31, 2023 — SPC BROOKLYN FEDERAL CREDIT UNION is a federal credit union headquartered in BROOKLYN, NY with 2 branch locations and about $413,733 in total assets. Opened 56 years ago in 1968, SPC BROOKLYN FEDERAL CREDIT UNION has about 296 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
Name: | SPC BROOKLYN FEDERAL CREDIT UNION |
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Address: (Main Office) | 29 Claver Pl BROOKLYN, NY 11238 |
Phone: | (718) 857-5543 |
Fax: | |
Website: | n/a |
Branches: | 2 branch locations |
Members: | 296 |
Credit Union Type: | Federal Credit Union |
Charter Number: | 18858 |
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Membership Type: | Associational - Religious, other than those designated 'low-income' |
Corporate Credit Union: | No |
Year Opened: | 1968 |
Last Audited: | Mar 01, 2022 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $413,733 |
CEO/Manager: | Balfour Thompson |
Chairperson: | Jennifer Parkinson-Gilbert |
ASSETS: | $ Amount |
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Cash & Equivalents | 337,257 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 0 |
Real Estate Loans | 0 |
Unsecured Loans | 18,616 |
Other Loans | 26,603 |
TOTAL LOANS | 45,219 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -4,314 |
Land And Building | 0 |
Other Fixed Assets | 1,217 |
NCUSIF Deposit | 3,353 |
All Other Assets | 0 |
TOTAL ASSETS | 413,733 |
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 | 369,798 |
All Other Shares & Deposits | 0 |
TOTAL SHARES & DEPOSITS | 369,798 |
TOTAL LIABILITIES | 369,798 |
Regular Reserve | 0 |
Other Reserves | 0 |
Undivided Earnings | 43,935 |
TOTAL EQUITY | 43,935 |
TOTAL LIABILITIES, SHARES, & EQUITY | 413,733 |
INCOME & EXPENSE | |
Loan Income | 3,859 |
Investment Income | 10,483 |
Other Income | 95 |
Total Employee Compensation & Benefits | 1,590 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 9,789 |
Non-operating Income & (Expense) | 0 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 0 |
Cost of Funds | 0 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | 3,058 |
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