Dec, 31, 2023 — BLACKHAWK FEDERAL CREDIT UNION is a federal credit union headquartered in BEAVER FALLS, PA with 1 branch location and about $15.29 million in total assets. Opened 50 years ago in 1974, BLACKHAWK FEDERAL CREDIT UNION has about 1,197 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: | BLACKHAWK FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 2358 Darlington RD BEAVER FALLS, PA 15010 |
| Phone: | (724) 846-7929 |
| Fax: | (724) 847-7618 |
| Website: | https://www.bfcu.net |
| Branches: | 1 branch locations |
| Members: | 1,197 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 21845 |
|---|---|
| Membership Type: | Educational |
| Corporate Credit Union: | No |
| Year Opened: | 1974 |
| Last Audited: | Sep 01, 2023 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $15,292,027 |
| CEO/Manager: | Christine R Ozenich |
| Chairperson: | Brian D Farkas |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 810,163 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 2,666,600 |
| Unsecured Loans | 913,460 |
| Other Loans | 2,637,555 |
| TOTAL LOANS | 6,217,616 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -16,712 |
| Land And Building | 105,306 |
| Other Fixed Assets | 1,080 |
| NCUSIF Deposit | 133,343 |
| All Other Assets | 0 |
| TOTAL ASSETS | 15,292,027 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 15,180 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 64,186 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 2,068,284 |
| Regular shares | 7,500,895 |
| All Other Shares & Deposits | 3,362,662 |
| TOTAL SHARES & DEPOSITS | 12,931,841 |
| TOTAL LIABILITIES | 13,011,207 |
| Regular Reserve | 0 |
| Other Reserves | 233,982 |
| Undivided Earnings | 2,046,838 |
| TOTAL EQUITY | 2,280,820 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 15,292,027 |
| INCOME & EXPENSE | |
| Loan Income | 300,929 |
| Investment Income | 195,609 |
| Other Income | 20,853 |
| Total Employee Compensation & Benefits | 198,008 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 196,877 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 0 |
| Cost of Funds | 55,583 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 135,025 |
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