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MT TAYLOR FEDERAL CREDIT UNION

Sep, 30, 2022 — MT TAYLOR FEDERAL CREDIT UNION is a federal credit union headquartered in GRANTS, NM with 1 branch location and about $2.06 million in total assets. Opened 63 years ago in 1960, MT TAYLOR FEDERAL CREDIT UNION has about 332 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)
1003 N 1ST ST
GRANTS, NM 87020-2807
Phone:(505) 287-7551
Fax:(505) 287-7551
Website:n/a
Branches:1 branch locations
Members:332
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, 2021
FHLB Member:No
Low Income Designation:No
Assets:$2,055,582
CEO/Manager:KATHY GALLEGOS
Chairperson:CYNTHIA WILSON

Call Report

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 675,143
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 0
 Unsecured Loans 63,110
 Other Loans 424,909
 TOTAL LOANS 488,019
 (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 18,428
 All Other Assets 0
  TOTAL ASSETS 2,055,582
LIABILITIES & CAPITAL:  
 Dividends Payable 661
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 7,835
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 0
 Regular shares 1,682,954
 All Other Shares & Deposits 0
  TOTAL SHARES & DEPOSITS 1,682,954
  TOTAL LIABILITIES 1,691,450
 Regular Reserve 0
 Other Reserves 78,387
 Undivided Earnings 285,745
  TOTAL EQUITY 364,132
  TOTAL LIABILITIES, SHARES, & EQUITY 2,055,582
INCOME & EXPENSE  
 Loan Income 21,888
 Investment Income 3,114
 Other Income 1,075
 Total Employee Compensation & Benefits 14,627
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 13,799
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 0
 Cost of Funds 1,674
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) -4,023
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