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PURITY DAIRIES EMPLOYEES FEDERAL CREDIT UNION

Dec, 31, 2023 — PURITY DAIRIES EMPLOYEES FEDERAL CREDIT UNION is a federal credit union headquartered in NASHVILLE, TN with 1 branch location and about $3.26 million in total assets. Opened 64 years ago in 1960, PURITY DAIRIES EMPLOYEES FEDERAL CREDIT UNION has about 546 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:546
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:Jun 01, 2023
FHLB Member:No
Low Income Designation:No
Assets:$3,259,780
CEO/Manager:Kelly Hamilton
Chairperson:Thomas Brissette

Call Report

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 665,362
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 0
 Unsecured Loans 63,594
 Other Loans 1,376,159
 TOTAL LOANS 1,439,753
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -17,569
 Land And Building 0
 Other Fixed Assets 423
 NCUSIF Deposit 27,190
 All Other Assets 0
  TOTAL ASSETS 3,259,780
LIABILITIES & CAPITAL:  
 Dividends Payable 3,129
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 3,823
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 0
 Regular shares 2,546,968
 All Other Shares & Deposits 0
  TOTAL SHARES & DEPOSITS 2,546,968
  TOTAL LIABILITIES 2,553,920
 Regular Reserve 0
 Other Reserves 0
 Undivided Earnings 705,860
  TOTAL EQUITY 705,860
  TOTAL LIABILITIES, SHARES, & EQUITY 3,259,780
INCOME & EXPENSE  
 Loan Income 75,480
 Investment Income 56,377
 Other Income 5,562
 Total Employee Compensation & Benefits 52,071
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 28,340
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 10,114
 Cost of Funds 12,563
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 34,331
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