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 |
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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 |
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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: |
ASSETS: | $ Amount |
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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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