Dec, 31, 2023 — YOUR BEST CREDIT UNION is a federally insured state chartered credit union headquartered in NASHVILLE, TN with 1 branch location and about $17.32 million in total assets. Opened 57 years ago in 1967, YOUR BEST CREDIT UNION has about 1,800 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: | YOUR BEST CREDIT UNION |
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Address: (Main Office) | 26 Century Blvd NASHVILLE, TN 37214-3683 |
Phone: | (615) 872-6380 |
Fax: | (615) 872-6388 |
Website: | https://yourbestcu.com/ |
Branches: | 1 branch locations |
Members: | 1,800 |
Credit Union Type: | Federally Insured State Chartered Credit Union |
Charter Number: | 67757 |
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Membership Type: | State chartered natural person |
Corporate Credit Union: | No |
Year Opened: | 1967 |
Last Audited: | Nov 01, 2023 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $17,316,460 |
CEO/Manager: | Adrian Muniz III |
Chairperson: | James F O'Dell |
ASSETS: | $ Amount |
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Cash & Equivalents | 603,615 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 0 |
Real Estate Loans | 0 |
Unsecured Loans | 1,106,571 |
Other Loans | 12,996,276 |
TOTAL LOANS | 14,102,846 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -146,668 |
Land And Building | 0 |
Other Fixed Assets | 0 |
NCUSIF Deposit | 135,194 |
All Other Assets | 187,333 |
TOTAL ASSETS | 17,316,460 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 0 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 36,535 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 1,914,388 |
Regular shares | 5,603,967 |
All Other Shares & Deposits | 7,347,562 |
TOTAL SHARES & DEPOSITS | 14,865,917 |
TOTAL LIABILITIES | 14,902,452 |
Regular Reserve | 0 |
Other Reserves | 0 |
Undivided Earnings | 2,414,008 |
TOTAL EQUITY | 2,414,008 |
TOTAL LIABILITIES, SHARES, & EQUITY | 17,316,460 |
INCOME & EXPENSE | |
Loan Income | 728,619 |
Investment Income | 161,914 |
Other Income | 130,714 |
Total Employee Compensation & Benefits | 398,287 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 347,139 |
Non-operating Income & (Expense) | 0 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 79,336 |
Cost of Funds | 198,189 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | 52,333 |
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