Dec, 31, 2023 — MEDIA CITY CREDIT UNION is a federally insured state chartered credit union headquartered in BURBANK, CA with 1 branch location and about $39.12 million in total assets. Opened 88 years ago in 1936, MEDIA CITY CREDIT UNION has about 2,207 members and employs 6 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | MEDIA CITY CREDIT UNION |
|---|---|
| Address: (Main Office) | 1020 W Olive Ave BURBANK, CA 91506-2212 |
| Phone: | (818) 238-2950 |
| Fax: | (818) 238-2979 |
| Website: | https://www.mediacitycu.org |
| Branches: | 1 branch locations |
| Members: | 2,207 |
| Credit Union Type: | Federally Insured State Chartered Credit Union |
| Charter Number: | 68549 |
|---|---|
| Membership Type: | State chartered natural person |
| Corporate Credit Union: | No |
| Year Opened: | 1936 |
| Last Audited: | Dec 01, 2023 |
| FHLB Member: | Yes |
| Low Income Designation: | No |
| Assets: | $39,118,881 |
| CEO/Manager: | Ana Ordonez |
| Chairperson: | Dayna Marks |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 436,173 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 11,622,440 |
| Unsecured Loans | 1,389,060 |
| Other Loans | 9,625,163 |
| TOTAL LOANS | 22,636,663 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -177,231 |
| Land And Building | 656,132 |
| Other Fixed Assets | 26,741 |
| NCUSIF Deposit | 312,132 |
| All Other Assets | 0 |
| TOTAL ASSETS | 39,118,881 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 1,344,292 |
| Accounts Payable & Other Liabilities | 18,737 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 6,964,302 |
| Regular shares | 12,013,365 |
| All Other Shares & Deposits | 13,889,102 |
| TOTAL SHARES & DEPOSITS | 32,866,769 |
| TOTAL LIABILITIES | 34,229,798 |
| Regular Reserve | 0 |
| Other Reserves | -800,125 |
| Undivided Earnings | 5,689,208 |
| TOTAL EQUITY | 4,889,083 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 39,118,881 |
| INCOME & EXPENSE | |
| Loan Income | 1,165,235 |
| Investment Income | 328,519 |
| Other Income | 190,518 |
| Total Employee Compensation & Benefits | 588,580 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 651,090 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 3,778 |
| Cost of Funds | 252,922 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 226,404 |
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