Dec, 31, 2023 — METROPOLITAN TEACHERS CREDIT UNION is a federally insured state chartered credit union headquartered in NASHVILLE, TN with 1 branch location and about $2.62 million in total assets. Opened 67 years ago in 1957, METROPOLITAN TEACHERS CREDIT UNION has about 1,765 members and employs 3 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
Name: | METROPOLITAN TEACHERS CREDIT UNION |
---|---|
Address: (Main Office) | 1605 Jefferson St NASHVILLE, TN 37208-2902 |
Phone: | (615) 321-4622 |
Fax: | (615) 321-4632 |
Website: | https://metrotcu.org |
Branches: | 1 branch locations |
Members: | 1,765 |
Credit Union Type: | Federally Insured State Chartered Credit Union |
Charter Number: | 68135 |
---|---|
Membership Type: | State chartered natural person |
Corporate Credit Union: | No |
Year Opened: | 1957 |
Last Audited: | Jun 01, 2023 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $2,623,671 |
CEO/Manager: | BEVERLY B BARTON |
Chairperson: | Samuel E Kirk |
ASSETS: | $ Amount |
---|---|
Cash & Equivalents | 721,359 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 0 |
Real Estate Loans | 4,577 |
Unsecured Loans | 368,858 |
Other Loans | 642,977 |
TOTAL LOANS | 1,016,412 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -17,582 |
Land And Building | 229,628 |
Other Fixed Assets | 21,927 |
NCUSIF Deposit | 25,209 |
All Other Assets | 0 |
TOTAL ASSETS | 2,623,671 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 0 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 591 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 117,972 |
Regular shares | 1,406,766 |
All Other Shares & Deposits | 798,432 |
TOTAL SHARES & DEPOSITS | 2,323,170 |
TOTAL LIABILITIES | 2,323,761 |
Regular Reserve | 0 |
Other Reserves | 0 |
Undivided Earnings | 299,910 |
TOTAL EQUITY | 299,910 |
TOTAL LIABILITIES, SHARES, & EQUITY | 2,623,671 |
INCOME & EXPENSE | |
Loan Income | 78,695 |
Investment Income | 46,072 |
Other Income | 12,422 |
Total Employee Compensation & Benefits | 33,615 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 212,357 |
Non-operating Income & (Expense) | 50,169 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 5,652 |
Cost of Funds | 24,968 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | -89,234 |
↑ Back to Top |