Dec, 31, 2023 — CONTAINER MUTUAL CREDIT UNION is a federally insured state chartered credit union headquartered in FERNANDINA BEACH, FL with 1 branch location and about $6.65 million in total assets. Opened 83 years ago in 1941, CONTAINER MUTUAL CREDIT UNION has about 606 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | CONTAINER MUTUAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 600 N 8th St FERNANDINA BEACH, FL 32034-3319 |
| Phone: | (904) 277-5713 |
| Fax: | (904) 277-5887 |
| Website: | n/a |
| Branches: | 1 branch locations |
| Members: | 606 |
| Credit Union Type: | Federally Insured State Chartered Credit Union |
| Charter Number: | 67933 |
|---|---|
| Membership Type: | State chartered natural person |
| Corporate Credit Union: | No |
| Year Opened: | 1941 |
| Last Audited: | Dec 01, 2022 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $6,653,927 |
| CEO/Manager: | Debi Rowland |
| Chairperson: | Sid Hale |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 734,402 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 79,373 |
| Unsecured Loans | 757,923 |
| Other Loans | 1,197,252 |
| TOTAL LOANS | 2,034,549 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -81,242 |
| Land And Building | 0 |
| Other Fixed Assets | 0 |
| NCUSIF Deposit | 43,813 |
| All Other Assets | 0 |
| TOTAL ASSETS | 6,653,927 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 25,614 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 30,566 |
| Regular shares | 3,945,353 |
| All Other Shares & Deposits | 67,865 |
| TOTAL SHARES & DEPOSITS | 4,043,785 |
| TOTAL LIABILITIES | 4,069,399 |
| Regular Reserve | 0 |
| Other Reserves | 454,074 |
| Undivided Earnings | 2,130,454 |
| TOTAL EQUITY | 2,584,528 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 6,653,927 |
| INCOME & EXPENSE | |
| Loan Income | 108,073 |
| Investment Income | 65,243 |
| Other Income | 4,881 |
| Total Employee Compensation & Benefits | 104,314 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 81,157 |
| Non-operating Income & (Expense) | 2,577 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 0 |
| Cost of Funds | 4,111 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | -8,808 |
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