MCNAIRY COUNTY EMPLOYEES CREDIT UNION is no longer an active credit union according to the NCUA.
Dec, 31, 2023 — MCNAIRY COUNTY EMPLOYEES CREDIT UNION is a federally insured state chartered credit union headquartered in ADAMSVILLE, TN with 1 branch location and about $1.82 million in total assets. Opened 44 years ago in 1980, MCNAIRY COUNTY EMPLOYEES CREDIT UNION has about 554 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
Name: | MCNAIRY COUNTY EMPLOYEES CREDIT UNION |
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Address: (Main Office) | 105 N Oak St, P.O.Box 867 ADAMSVILLE, TN 38310-1931 |
Phone: | (731) 632-1168 |
Fax: | (731) 632-1340 |
Website: | n/a |
Branches: | 1 branch locations |
Members: | 554 |
Credit Union Type: | Federally Insured State Chartered Credit Union |
Charter Number: | 67791 |
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Membership Type: | State chartered natural person |
Corporate Credit Union: | No |
Year Opened: | 1980 |
Last Audited: | Feb 01, 2022 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $1,815,528 |
CEO/Manager: | NICKIE FRANKS |
Chairperson: | DANNIE G HARBIN |
ASSETS: | $ Amount |
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Cash & Equivalents | 303,251 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 0 |
Real Estate Loans | 0 |
Unsecured Loans | 163,878 |
Other Loans | 1,046,335 |
TOTAL LOANS | 1,210,213 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -12,618 |
Land And Building | 0 |
Other Fixed Assets | 2,557 |
NCUSIF Deposit | 12,125 |
All Other Assets | 0 |
TOTAL ASSETS | 1,815,528 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 0 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 1,280 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 0 |
Regular shares | 1,373,977 |
All Other Shares & Deposits | 0 |
TOTAL SHARES & DEPOSITS | 1,373,977 |
TOTAL LIABILITIES | 1,375,257 |
Regular Reserve | 0 |
Other Reserves | 75,318 |
Undivided Earnings | 364,953 |
TOTAL EQUITY | 440,271 |
TOTAL LIABILITIES, SHARES, & EQUITY | 1,815,528 |
INCOME & EXPENSE | |
Loan Income | 18,399 |
Investment Income | 416 |
Other Income | 2,500 |
Total Employee Compensation & Benefits | 13,825 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 7,227 |
Non-operating Income & (Expense) | 0 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 0 |
Cost of Funds | 482 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | -219 |
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