Wire Notice - Update as of Thursday, January 16, 2020: Travelex, our international wire partner, experienced a world-wide outage on December 31, 2019 that halted international wire processing. They are still in the process of resolving the issue. We apologize for any inconvenience this may cause. Learn more here.

HOLIDAY CLOSING NOTICE - BFSFCU will be closed on Monday, January 20, 2020 for the Martin Luther King Jr. day holiday.

Financial Highlights

Statements of Financial Condition 2017 2016 % Change Alert Me
Cash and Cash Equivalents $232,252 $223,053 4.12
Investments 1,748,275 1,591,021 9.88
Loans (Net of Allowance for Loan Losses) 2,707,677 2,542,659 6.49
Loans In Process 22,007 67,932 (67.60)
Other Assets 80,673 57,936 39.25
Total Assets 4,790,884 4,482,601 6.88
Deposits 4,229,471 3,964,865 6.67
Other Liabilities 32,951 25,412 29.67
Members' Equity 536,041 497,474 7.75
Total Liabilities and Members' Equity 4,790,884 4,482,601 6.88
Statements of Income Alert Me
Interest Income $115,622 $98,642 17.21
Interest Expense (Dividends) 19,546 14,285 36.83
Net Interest Income 96,076 84,357 13.89
Provision for Loan Losses 5,605 6,372 (12.04)
Noninterest Income 15,792 18,858 (16.26)
Noninterest Expense 67,696 62,806 7.79
Net Income 38,567 34,037 13.31
Key Equity Ratios Alert Me
Members' Equity to Deposits 12.67% 12.55% 1.01
Members' Equity to Total Assets 11.19% 11.10% 0.82
Other Highlights Alert Me
Mortgage Servicing Portfolio $279,569 $332,491 (15.92)
Members 87,058 85,290 2.07
(In Thousands, US)