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PARTHENON FEDERAL CREDIT UNION

Dec, 31, 2023 — PARTHENON FEDERAL CREDIT UNION is a federal credit union headquartered in NASHVILLE, TN with 1 branch location and about $18.02 million in total assets. Opened 82 years ago in 1942, PARTHENON FEDERAL CREDIT UNION has about 1,710 members and employs 5 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


ABA Routing Number: 264080989
Name:PARTHENON FEDERAL CREDIT UNION
Address:
(Main Office)
2204 Rosa L Parks Blvd
NASHVILLE, TN 37228-1306
Phone:(615) 749-6461
Fax:
Website:https://www.parthenonfcu.org
Branches:1 branch locations
Members:1,710
Credit Union Type:Federal Credit Union
Charter Number:4809
Membership Type:Community credit unions, urban or rural, other than those designated 'low income'
Corporate Credit Union:No
Year Opened:1942
Last Audited:Jun 01, 2023
FHLB Member:No
Low Income Designation:No
Assets:$18,017,572
CEO/Manager:Mark Bess
Chairperson:Mike Cunningham

Call Report

  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 1,411,004
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 4,384,831
 Unsecured Loans 1,928,848
 Other Loans 9,689,633
 TOTAL LOANS 16,003,313
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -141,941
 Land And Building 0
 Other Fixed Assets 135,333
 NCUSIF Deposit 137,052
 All Other Assets 76,342
  TOTAL ASSETS 18,017,572
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 53,608
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 2,976,306
 Regular shares 5,263,237
 All Other Shares & Deposits 6,707,126
  TOTAL SHARES & DEPOSITS 14,946,670
  TOTAL LIABILITIES 15,000,278
 Regular Reserve 0
 Other Reserves 0
 Undivided Earnings 3,017,294
  TOTAL EQUITY 3,017,294
  TOTAL LIABILITIES, SHARES, & EQUITY 18,017,572
INCOME & EXPENSE  
 Loan Income 833,069
 Investment Income 15,196
 Other Income 138,199
 Total Employee Compensation & Benefits 309,615
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 401,454
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 71,710
 Cost of Funds 102,155
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 149,150
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