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B V M S N FEDERAL CREDIT UNION

Dec, 31, 2023 — B V M S N FEDERAL CREDIT UNION is a federal credit union headquartered in WALNUTPORT, PA with 1 branch location and about $2.28 million in total assets. Opened 64 years ago in 1960, B V M S N FEDERAL CREDIT UNION has about 227 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:B V M S N FEDERAL CREDIT UNION
Address:
(Main Office)
1152 Oak Rd
WALNUTPORT, PA 18088
Phone:(610) 767-3107
Fax:
Website:n/a
Branches:1 branch locations
Members:227
Credit Union Type:Federal Credit Union
Charter Number:13821
Membership Type:Associational - Religious, other than those designated 'low-income'
Corporate Credit Union:No
Year Opened:1960
Last Audited:Mar 01, 2023
FHLB Member:No
Low Income Designation:No
Assets:$2,280,430
CEO/Manager:Christine A Kosman
Chairperson:Mary L Trexler

Call Report

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 228,561
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 376,958
 Unsecured Loans 19,567
 Other Loans 263,626
 TOTAL LOANS 660,151
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -9,614
 Land And Building 0
 Other Fixed Assets 4
 NCUSIF Deposit 22,084
 All Other Assets 0
  TOTAL ASSETS 2,280,430
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 3,325
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 0
 Regular shares 1,922,639
 All Other Shares & Deposits 0
  TOTAL SHARES & DEPOSITS 1,922,639
  TOTAL LIABILITIES 1,925,964
 Regular Reserve 0
 Other Reserves 0
 Undivided Earnings 354,466
  TOTAL EQUITY 354,466
  TOTAL LIABILITIES, SHARES, & EQUITY 2,280,430
INCOME & EXPENSE  
 Loan Income 23,199
 Investment Income 29,723
 Other Income 734
 Total Employee Compensation & Benefits 0
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 26,268
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 0
 Cost of Funds 26,173
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 1,215
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