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 |
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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 |
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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 |
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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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