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.
Name: | PARTHENON FEDERAL CREDIT UNION |
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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 |
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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 |
ASSETS: | $ Amount |
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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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