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MASTERS, MATES & PILOTS (MM&P) FEDERAL CREDIT UNION

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

Call Report

  • Payday Alternative Loans (PAL Loans)
  • International Remittances
  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
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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