Dec, 31, 2023 — TENNESSEE DEPARTMENT OF SAFETY CREDIT UNION is a federally insured state chartered credit union headquartered in NASHVILLE, TN with 3 branch locations and about $10.89 million in total assets. Opened 53 years ago in 1971, TENNESSEE DEPARTMENT OF SAFETY CREDIT UNION has about 1,576 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
Name: | TENNESSEE DEPARTMENT OF SAFETY CREDIT UNION |
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Address: (Main Office) | 1150 Foster Ave NASHVILLE, TN 37243-4400 |
Phone: | (615) 251-5145 |
Fax: | (615) 256-1343 |
Website: | https://tdoscu.com |
Branches: | 3 branch locations |
Members: | 1,576 |
Credit Union Type: | Federally Insured State Chartered Credit Union |
Charter Number: | 67971 |
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Membership Type: | State chartered natural person |
Corporate Credit Union: | No |
Year Opened: | 1971 |
Last Audited: | Feb 01, 2023 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $10,886,907 |
CEO/Manager: | KAREN L ALLRED |
Chairperson: | Jerri Siegrist |
ASSETS: | $ Amount |
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Cash & Equivalents | 748,347 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 0 |
Real Estate Loans | 0 |
Unsecured Loans | 734,165 |
Other Loans | 8,663,641 |
TOTAL LOANS | 9,397,807 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -64,354 |
Land And Building | 0 |
Other Fixed Assets | 112 |
NCUSIF Deposit | 76,949 |
All Other Assets | 0 |
TOTAL ASSETS | 10,886,907 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 14,227 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 6,290 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 0 |
Regular shares | 5,670,432 |
All Other Shares & Deposits | 2,832,428 |
TOTAL SHARES & DEPOSITS | 8,502,860 |
TOTAL LIABILITIES | 8,523,377 |
Regular Reserve | 0 |
Other Reserves | 611,686 |
Undivided Earnings | 1,751,844 |
TOTAL EQUITY | 2,363,530 |
TOTAL LIABILITIES, SHARES, & EQUITY | 10,886,907 |
INCOME & EXPENSE | |
Loan Income | 436,503 |
Investment Income | 40,829 |
Other Income | 40,982 |
Total Employee Compensation & Benefits | 162,575 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 76,318 |
Non-operating Income & (Expense) | 0 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 0 |
Cost of Funds | 19,450 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | 259,971 |
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