Dec, 31, 2023 — MESSIAH BAPTIST-JUBILEE FEDERAL CREDIT UNION is a federal credit union headquartered in BROCKTON, MA with 1 branch location and about $952,536 in total assets. Opened 41 years ago in 1983, MESSIAH BAPTIST-JUBILEE FEDERAL CREDIT UNION has about 244 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
Name: | MESSIAH BAPTIST-JUBILEE FEDERAL CREDIT UNION |
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Address: (Main Office) | 80 Legion Pkwy BROCKTON, MA 02301 |
Phone: | (508) 584-1963 |
Fax: | (508) 588-3308 |
Website: | https://www.mbjfcu.org |
Branches: | 1 branch locations |
Members: | 244 |
Credit Union Type: | Federal Credit Union |
Charter Number: | 24043 |
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Membership Type: | Associational - Religious, other than those designated 'low-income' |
Corporate Credit Union: | No |
Year Opened: | 1983 |
Last Audited: | Dec 01, 2023 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $952,536 |
CEO/Manager: | Steven Luke |
Chairperson: |
ASSETS: | $ Amount |
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Cash & Equivalents | 199,136 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 0 |
Real Estate Loans | 0 |
Unsecured Loans | 102,370 |
Other Loans | 222,805 |
TOTAL LOANS | 325,175 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -9,549 |
Land And Building | 0 |
Other Fixed Assets | 0 |
NCUSIF Deposit | 9,055 |
All Other Assets | 0 |
TOTAL ASSETS | 952,536 |
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 | 706,479 |
All Other Shares & Deposits | 71,124 |
TOTAL SHARES & DEPOSITS | 777,604 |
TOTAL LIABILITIES | 777,604 |
Regular Reserve | 0 |
Other Reserves | 11,295 |
Undivided Earnings | 163,637 |
TOTAL EQUITY | 174,932 |
TOTAL LIABILITIES, SHARES, & EQUITY | 952,536 |
INCOME & EXPENSE | |
Loan Income | 17,622 |
Investment Income | 21,098 |
Other Income | 2,957 |
Total Employee Compensation & Benefits | 0 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 13,482 |
Non-operating Income & (Expense) | 0 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 0 |
Cost of Funds | 1,379 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | 26,816 |
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