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TSU FEDERAL CREDIT UNION

Dec, 31, 2023 — TSU FEDERAL CREDIT UNION is a federal credit union headquartered in NASHVILLE, TN with 1 branch location and about $1.22 million in total assets. Opened 74 years ago in 1950, TSU FEDERAL CREDIT UNION has about 353 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:TSU FEDERAL CREDIT UNION
Address:
(Main Office)
3500 John A Merritt Blvd
NASHVILLE, TN 37209
Phone:(615) 963-5941
Fax:
Website:https://www.tnstate.edu
Branches:1 branch locations
Members:353
Credit Union Type:Federal Credit Union
Charter Number:6667
Membership Type:Educational
Corporate Credit Union:No
Year Opened:1950
Last Audited:Dec 01, 2022
FHLB Member:No
Low Income Designation:No
Assets:$1,217,733
CEO/Manager:Peggy A Earnest
Chairperson:

Call Report

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 502,671
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 0
 Unsecured Loans 188,491
 Other Loans 449,171
 TOTAL LOANS 637,662
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -24,438
 Land And Building 0
 Other Fixed Assets 11,197
 NCUSIF Deposit 11,023
 All Other Assets 0
  TOTAL ASSETS 1,217,733
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 367
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 0
 Regular shares 1,107,930
 All Other Shares & Deposits 0
  TOTAL SHARES & DEPOSITS 1,107,930
  TOTAL LIABILITIES 1,108,297
 Regular Reserve 0
 Other Reserves 832
 Undivided Earnings 108,604
  TOTAL EQUITY 109,436
  TOTAL LIABILITIES, SHARES, & EQUITY 1,217,733
INCOME & EXPENSE  
 Loan Income 57,730
 Investment Income 10,721
 Other Income 2,538
 Total Employee Compensation & Benefits 35,362
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 26,791
 Non-operating Income & (Expense) -458
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense -5,080
 Cost of Funds 2,004
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 12,810
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