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 |
|---|---|
| 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 |
|---|---|
| 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 |
|---|---|
| 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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