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MT. AIRY BAPTIST CHURCH FEDERAL CREDIT UNION

Dec, 31, 2023 — MT. AIRY BAPTIST CHURCH FEDERAL CREDIT UNION is a federal credit union headquartered in WASHINGTON, DC with 1 branch location and about $1.12 million in total assets. Opened 39 years ago in 1985, MT. AIRY BAPTIST CHURCH FEDERAL CREDIT UNION has about 237 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:MT. AIRY BAPTIST CHURCH FEDERAL CREDIT UNION
Address:
(Main Office)
1100 N Capitol St NW Fl 2
WASHINGTON, DC 20002-7506
Phone:(202) 789-2271
Fax:
Website:n/a
Branches:1 branch locations
Members:237
Credit Union Type:Federal Credit Union
Charter Number:24219
Membership Type:Multiple common bond - Primarily faith based
Corporate Credit Union:No
Year Opened:1985
Last Audited:Dec 01, 2022
FHLB Member:No
Low Income Designation:No
Assets:$1,116,152
CEO/Manager:Gregory P Miller
Chairperson:Rena A Agee

Call Report

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 239,757
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 0
 Unsecured Loans 372,228
 Other Loans 0
 TOTAL LOANS 372,228
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -11,312
 Land And Building 0
 Other Fixed Assets 25
 NCUSIF Deposit 8,095
 All Other Assets 0
  TOTAL ASSETS 1,116,152
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 0
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 0
 Regular shares 664,092
 All Other Shares & Deposits 89,537
  TOTAL SHARES & DEPOSITS 753,629
  TOTAL LIABILITIES 753,629
 Regular Reserve 0
 Other Reserves 0
 Undivided Earnings 362,523
  TOTAL EQUITY 362,523
  TOTAL LIABILITIES, SHARES, & EQUITY 1,116,152
INCOME & EXPENSE  
 Loan Income 34,051
 Investment Income 18,682
 Other Income 431
 Total Employee Compensation & Benefits 0
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 16,684
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 0
 Cost of Funds 5,626
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 30,854
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