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 |
| 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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