Dec, 31, 2020 — MASTERS, MATES & PILOTS (MM&P) FEDERAL CREDIT UNION is a federal credit union headquartered in Linthicum, MD with 0 branch location and about $2.52 million in total assets. Opened 63 years ago in 1958, MASTERS, MATES & PILOTS (MM&P) FEDERAL CREDIT UNION has about 572 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 |
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Address: (Main Office) | 700 Maritime Blvd Linthicum, MD 21090 |
Phone: | (410) 691-8136 |
Fax: | (410) 859-1623 |
Website: | http://creditunion.bridgedeck.org |
Branches: | 0 branch locations |
Members: | 572 |
Credit Union Type: | Federal Credit Union |
Charter Number: | 12440 |
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Membership Type: | Multiple common bond - Primarily finance, insurance, real estate, trade |
Corporate Credit Union: | No |
Year Opened: | 1958 |
Last Audited: | Dec 01, 2019 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $2,515,375 |
CEO/Manager: | KATHY A KLISAVAGE |
Chairperson: | Patrick McCullough |
ASSETS: | $ Amount |
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Cash & Equivalents | 884,436 |
TOTAL INVESTMENTS | 154,699 |
Loans Held for Sale | 0 |
Real Estate Loans | 0 |
Unsecured Loans | 176,204 |
Other Loans | 1,236,516 |
TOTAL LOANS | 1,412,720 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -10,009 |
Land And Building | 0 |
Other Fixed Assets | 18 |
NCUSIF Deposit | 19,526 |
All Other Assets | 53,985 |
TOTAL ASSETS | 2,515,375 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 1,484 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 1,517 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 632,240 |
Regular shares | 1,576,733 |
All Other Shares & Deposits | 113,657 |
TOTAL SHARES & DEPOSITS | 2,322,630 |
TOTAL LIABILITIES | 2,325,631 |
Regular Reserve | 54,344 |
Other Reserves | 0 |
Undivided Earnings | 135,400 |
TOTAL EQUITY | 189,744 |
TOTAL LIABILITIES, SHARES, & EQUITY | 2,515,375 |
INCOME & EXPENSE | |
Loan Income | 50,978 |
Investment Income | 2,859 |
Other Income | 8,566 |
Total Employee Compensation & Benefits | 32,604 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 40,339 |
Non-operating Income & (Expense) | 27,410 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 4,350 |
Cost of Funds | 5,171 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | 7,349 |
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