Credit Unions Near Me
National Credit Union Service Organization

MUSKEGON PATTERNMAKERS FEDERAL CREDIT UNION

Dec, 31, 2020 — MUSKEGON PATTERNMAKERS FEDERAL CREDIT UNION is a federal credit union headquartered in MUSKEGON HTS, MI with 0 branch location and about $3.13 million in total assets. Opened 65 years ago in 1956, MUSKEGON PATTERNMAKERS FEDERAL CREDIT UNION has about 407 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:MUSKEGON PATTERNMAKERS FEDERAL CREDIT UNION
Address:
(Main Office)
513 W BROADWAY AVE
MUSKEGON HTS, MI 49444-1905
Phone:(231) 733-1121
Fax:(231) 739-5939
Website:n/a
Branches:0 branch locations
Members:407
Credit Union Type:Federal Credit Union
Charter Number:11146
Membership Type:Multiple common bond - Primarily machinery
Corporate Credit Union:No
Year Opened:1956
Last Audited:Jul 01, 2020
FHLB Member:No
Low Income Designation:No
Assets:$3,134,008
CEO/Manager:kathryn k vandusen
Chairperson:melvin l thurston

Call Report

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 729,489
TOTAL INVESTMENTS 676,700
Loans Held for Sale 0
 
 Real Estate Loans 0
 Unsecured Loans 84,860
 Other Loans 1,622,049
 TOTAL LOANS 1,706,909
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -11,743
 Land And Building 8,510
 Other Fixed Assets 3,748
 NCUSIF Deposit 20,395
 All Other Assets 0
  TOTAL ASSETS 3,134,008
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 474
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 0
 Regular shares 2,259,578
 All Other Shares & Deposits 0
  TOTAL SHARES & DEPOSITS 2,259,578
  TOTAL LIABILITIES 2,260,052
 Regular Reserve 90,361
 Other Reserves 783,595
 Undivided Earnings 0
  TOTAL EQUITY 873,956
  TOTAL LIABILITIES, SHARES, & EQUITY 3,134,008
INCOME & EXPENSE  
 Loan Income 60,710
 Investment Income 19,194
 Other Income 59
 Total Employee Compensation & Benefits 39,961
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 33,769
 Non-operating Income & (Expense) 4,610
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 0
 Cost of Funds 6,480
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 4,363
↑ Back to Top

Other Credit Unions

WEST MICHIGAN POSTAL SERVICE FEDERAL CREDIT UNION
P. O. BOX 341
MUSKEGON, MI 49443
MICHIGAN COASTAL CREDIT UNION
1086 Creston St
MUSKEGON, MI 49442
PORT CITY FEDERAL CREDIT UNION
460 W LAKETON AVE
MUSKEGON, MI 49441-2632
MUSKEGON ST JOSEPH FEDERAL CREDIT UNION
1903 BARCLAY ST
MUSKEGON, MI 49441
LAKESHORE FEDERAL CREDIT UNION
2182 LAKESHORE DR
MUSKEGON, MI 49441-1414
TRI-CITIES CREDIT UNION
905 Pennoyer Ave
GRAND HAVEN, MI 49417
MUSKEGON CO OP FEDERAL CREDIT UNION
1051 PECK ST
MUSKEGON, MI 49440
MUSKEGON FEDERAL CREDIT UNION
65 W LAKETON AVE
MUSKEGON, MI 49441
FIRST GENERAL CREDIT UNION
589 E ELLIS RD
NORTON SHORES, MI 49441-5671
BEST FINANCIAL CREDIT UNION
1888 E SHERMAN
MUSKEGON, MI 49444