Dec, 31, 2022 — MASTERS, MATES & PILOTS (MM&P) FEDERAL CREDIT UNION is a federal credit union headquartered in LINTHICUM, MD with 0 branch location and about $3.17 million in total assets. Opened 65 years ago in 1958, MASTERS, MATES & PILOTS (MM&P) FEDERAL CREDIT UNION has about 555 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | MASTERS, MATES & PILOTS (MM&P) FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 700 Maritime Blvd LINTHICUM, MD 21090 |
| Phone: | (410) 691-8136 |
| Fax: | (410) 859-1623 |
| Website: | https://creditunion.bridgedeck.org |
| Branches: | 0 branch locations |
| Members: | 555 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 12440 |
|---|---|
| Membership Type: | Multiple common bond - Primarily finance, insurance, real estate, trade |
| Corporate Credit Union: | No |
| Year Opened: | 1958 |
| Last Audited: | Dec 01, 2021 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $3,171,593 |
| CEO/Manager: | KATHY A KLISAVAGE |
| Chairperson: | Patrick McCullough |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 210,931 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 0 |
| Unsecured Loans | 224,054 |
| Other Loans | 1,031,411 |
| TOTAL LOANS | 1,255,465 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -8,200 |
| Land And Building | 0 |
| Other Fixed Assets | 18 |
| NCUSIF Deposit | 25,750 |
| All Other Assets | 0 |
| TOTAL ASSETS | 3,171,593 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 706 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 2,530 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 721,922 |
| Regular shares | 2,132,192 |
| All Other Shares & Deposits | 103,088 |
| TOTAL SHARES & DEPOSITS | 2,957,202 |
| TOTAL LIABILITIES | 2,960,438 |
| Regular Reserve | 0 |
| Other Reserves | 54,344 |
| Undivided Earnings | 156,811 |
| TOTAL EQUITY | 211,155 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 3,171,593 |
| INCOME & EXPENSE | |
| Loan Income | 37,501 |
| Investment Income | 10,074 |
| Other Income | 5,294 |
| Total Employee Compensation & Benefits | 66,410 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 34,225 |
| Non-operating Income & (Expense) | 61,838 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 2,989 |
| Cost of Funds | 1,924 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 16,873 |
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