Dec, 31, 2023 — MEDIA CITY CREDIT UNION is a federally insured state chartered credit union headquartered in BURBANK, CA with 1 branch location and about $39.12 million in total assets. Opened 88 years ago in 1936, MEDIA CITY CREDIT UNION has about 2,207 members and employs 6 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
Name: | MEDIA CITY CREDIT UNION |
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Address: (Main Office) | 1020 W Olive Ave BURBANK, CA 91506-2212 |
Phone: | (818) 238-2950 |
Fax: | (818) 238-2979 |
Website: | https://www.mediacitycu.org |
Branches: | 1 branch locations |
Members: | 2,207 |
Credit Union Type: | Federally Insured State Chartered Credit Union |
Charter Number: | 68549 |
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Membership Type: | State chartered natural person |
Corporate Credit Union: | No |
Year Opened: | 1936 |
Last Audited: | Dec 01, 2023 |
FHLB Member: | Yes |
Low Income Designation: | No |
Assets: | $39,118,881 |
CEO/Manager: | Ana Ordonez |
Chairperson: | Dayna Marks |
ASSETS: | $ Amount |
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Cash & Equivalents | 436,173 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 0 |
Real Estate Loans | 11,622,440 |
Unsecured Loans | 1,389,060 |
Other Loans | 9,625,163 |
TOTAL LOANS | 22,636,663 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -177,231 |
Land And Building | 656,132 |
Other Fixed Assets | 26,741 |
NCUSIF Deposit | 312,132 |
All Other Assets | 0 |
TOTAL ASSETS | 39,118,881 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 0 |
Notes & Interest Payable | 1,344,292 |
Accounts Payable & Other Liabilities | 18,737 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 6,964,302 |
Regular shares | 12,013,365 |
All Other Shares & Deposits | 13,889,102 |
TOTAL SHARES & DEPOSITS | 32,866,769 |
TOTAL LIABILITIES | 34,229,798 |
Regular Reserve | 0 |
Other Reserves | -800,125 |
Undivided Earnings | 5,689,208 |
TOTAL EQUITY | 4,889,083 |
TOTAL LIABILITIES, SHARES, & EQUITY | 39,118,881 |
INCOME & EXPENSE | |
Loan Income | 1,165,235 |
Investment Income | 328,519 |
Other Income | 190,518 |
Total Employee Compensation & Benefits | 588,580 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 651,090 |
Non-operating Income & (Expense) | 0 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 3,778 |
Cost of Funds | 252,922 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | 226,404 |
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