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PURITY DAIRIES EMPLOYEES FEDERAL CREDIT UNION

Jun, 30, 2021 — PURITY DAIRIES EMPLOYEES FEDERAL CREDIT UNION is a federal credit union headquartered in NASHVILLE, TN with 1 branch location and about $3.61 million in total assets. Opened 61 years ago in 1960, PURITY DAIRIES EMPLOYEES FEDERAL CREDIT UNION has about 539 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:PURITY DAIRIES EMPLOYEES FEDERAL CREDIT UNION
Address:
(Main Office)
363 WOODYCREST AVE
NASHVILLE, TN 37210
Phone:(615) 742-0001
Fax:(615) 742-0001
Website:n/a
Branches:1 branch locations
Members:539
Credit Union Type:Federal Credit Union
Charter Number:14081
Membership Type:Multiple common bond - Primarily machinery
Corporate Credit Union:No
Year Opened:1960
Last Audited:Sep 01, 2020
FHLB Member:No
Low Income Designation:No
Assets:$3,605,700
CEO/Manager:Kelly Hamilton
Chairperson:Thomas Brissette

Call Report

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 965,996
TOTAL INVESTMENTS 1,274,814
Loans Held for Sale 0
 
 Real Estate Loans 0
 Unsecured Loans 65,064
 Other Loans 1,284,155
 TOTAL LOANS 1,349,219
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -24,506
 Land And Building 0
 Other Fixed Assets 985
 NCUSIF Deposit 28,139
 All Other Assets 11,053
  TOTAL ASSETS 3,605,700
LIABILITIES & CAPITAL:  
 Dividends Payable 4,239
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 4,888
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 0
 Regular shares 2,963,577
 All Other Shares & Deposits 0
  TOTAL SHARES & DEPOSITS 2,963,577
  TOTAL LIABILITIES 2,972,704
 Regular Reserve 81,527
 Other Reserves 0
 Undivided Earnings 551,469
  TOTAL EQUITY 632,996
  TOTAL LIABILITIES, SHARES, & EQUITY 3,605,700
INCOME & EXPENSE  
 Loan Income 45,406
 Investment Income 3,663
 Other Income 1,468
 Total Employee Compensation & Benefits 22,239
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 15,225
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 1,836
 Cost of Funds 8,558
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 2,679
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