Sep, 30, 2025 — MARVEL CITY FEDERAL CREDIT UNION is a federal credit union headquartered in BESSEMER, AL with 1 branch location and about $8.81 million in total assets. Opened 67 years ago in 1959, MARVEL CITY FEDERAL CREDIT UNION has about 941 members and employs 3 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | MARVEL CITY FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 316 17th St N BESSEMER, AL 35020 |
| Phone: | (205) 426-0578 |
| Fax: | (205) 426-0572 |
| Website: | https://www.marvelcityfcu.com |
| Branches: | 1 branch locations |
| Members: | 941 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 12837 |
|---|---|
| Membership Type: | Multiple common bond - Primarily federal, state, local government |
| Corporate Credit Union: | No |
| Year Opened: | 1959 |
| Last Audited: | Sep 01, 2024 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $8,813,115 |
| CEO/Manager: | Gina F Bigham |
| Chairperson: | Thomas M Dehmer |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 644,528 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 53,447 |
| Unsecured Loans | 608,353 |
| Other Loans | 2,351,577 |
| TOTAL LOANS | 3,034,317 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -123,649 |
| Land And Building | 15,001 |
| Other Fixed Assets | 593 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 71,477 |
| All Other Assets | 22,413 |
| TOTAL ASSETS | 8,813,115 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 108,474 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 1,014,199 |
| Regular shares | 2,991,359 |
| All Other Shares & Deposits | 3,105,704 |
| TOTAL SHARES & DEPOSITS | 7,111,262 |
| TOTAL LIABILITIES | 7,219,736 |
| Regular Reserve | 0 |
| Other Reserves | 0 |
| Undivided Earnings | 1,593,379 |
| TOTAL EQUITY | 1,593,379 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 8,813,115 |
| INCOME & EXPENSE | |
| Loan Income | 179,429 |
| Investment Income | 183,368 |
| Other Income | 38,728 |
| Total Employee Compensation & Benefits | 151,589 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 114,588 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 34,000 |
| Cost of Funds | 68,458 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 60,639 |
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