Jun, 30, 2024 — UNITED METHODIST CONNECTIONAL FEDERAL CREDIT UNION is a federal credit union headquartered in MARIETTA, GA with 2 branch locations and about $33.75 million in total assets. Opened 64 years ago in 1960, UNITED METHODIST CONNECTIONAL FEDERAL CREDIT UNION has about 3,208 members and employs 10 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | UNITED METHODIST CONNECTIONAL FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 1991 Lower Roswell Rd MARIETTA, GA 30068-3350 |
| Phone: | (770) 565-3794 |
| Fax: | (770) 565-3821 |
| Website: | https://www.unitedmethodistcu.com |
| Branches: | 2 branch locations |
| Members: | 3,208 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 13704 |
|---|---|
| Membership Type: | Associational - Religious, other than those designated 'low-income' |
| Corporate Credit Union: | No |
| Year Opened: | 1960 |
| Last Audited: | Jun 01, 2022 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $33,751,137 |
| CEO/Manager: | Brian K Pritchard |
| Chairperson: | Max C Caylor |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 1,172,388 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 8,121,413 |
| Unsecured Loans | 3,184,766 |
| Other Loans | 7,420,095 |
| TOTAL LOANS | 18,874,427 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -86,685 |
| Land And Building | 678,316 |
| Other Fixed Assets | 87,320 |
| NCUSIF Deposit | 311,053 |
| All Other Assets | 0 |
| TOTAL ASSETS | 33,751,137 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 145,603 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 7,316,760 |
| Regular shares | 15,260,528 |
| All Other Shares & Deposits | 8,052,027 |
| TOTAL SHARES & DEPOSITS | 30,629,315 |
| TOTAL LIABILITIES | 30,774,918 |
| Regular Reserve | 0 |
| Other Reserves | 682,937 |
| Undivided Earnings | 2,293,282 |
| TOTAL EQUITY | 2,976,219 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 33,751,137 |
| INCOME & EXPENSE | |
| Loan Income | 696,757 |
| Investment Income | 138,986 |
| Other Income | 90,676 |
| Total Employee Compensation & Benefits | 568,125 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 380,905 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 16,500 |
| Cost of Funds | 48,577 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 51,967 |
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