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MT TAYLOR FEDERAL CREDIT UNION

Dec, 31, 2020 — MT TAYLOR FEDERAL CREDIT UNION is a federal credit union headquartered in MILAN, NM with 1 branch location and about $2.05 million in total assets. Opened 61 years ago in 1960, MT TAYLOR FEDERAL CREDIT UNION has about 349 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:MT TAYLOR FEDERAL CREDIT UNION
Address:
(Main Office)
PO BOX 2550
MILAN, NM 87021
Phone:(505) 287-7551
Fax:(505) 287-7551
Website:n/a
Branches:1 branch locations
Members:349
Credit Union Type:Federal Credit Union
Charter Number:13654
Membership Type:Multiple common bond - Primarily educational
Corporate Credit Union:No
Year Opened:1960
Last Audited:Sep 01, 2020
FHLB Member:No
Low Income Designation:No
Assets:$2,051,882
CEO/Manager:JEANA R GRIEGO
Chairperson:CYNTHIA WILSON

Call Report

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 254,703
TOTAL INVESTMENTS 1,242,483
Loans Held for Sale 0
 
 Real Estate Loans 0
 Unsecured Loans 64,653
 Other Loans 478,947
 TOTAL LOANS 543,600
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -10,000
 Land And Building 0
 Other Fixed Assets 0
 NCUSIF Deposit 17,144
 All Other Assets 3,952
  TOTAL ASSETS 2,051,882
LIABILITIES & CAPITAL:  
 Dividends Payable 649
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 7,185
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 0
 Regular shares 1,673,744
 All Other Shares & Deposits 0
  TOTAL SHARES & DEPOSITS 1,673,744
  TOTAL LIABILITIES 1,681,578
 Regular Reserve 78,387
 Other Reserves 0
 Undivided Earnings 291,917
  TOTAL EQUITY 370,304
  TOTAL LIABILITIES, SHARES, & EQUITY 2,051,882
INCOME & EXPENSE  
 Loan Income 34,302
 Investment Income 9,654
 Other Income 1,630
 Total Employee Compensation & Benefits 20,609
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 20,358
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 0
 Cost of Funds 2,358
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 2,261
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