Dec, 31, 2021 — PURITY DAIRIES EMPLOYEES FEDERAL CREDIT UNION is a federal credit union headquartered in NASHVILLE, TN with 1 branch location and about $3.34 million in total assets. Opened 62 years ago in 1960, PURITY DAIRIES EMPLOYEES FEDERAL CREDIT UNION has about 535 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 |
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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: | 535 |
Credit Union Type: | Federal Credit Union |
Charter Number: | 14081 |
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Membership Type: | Multiple common bond - Primarily machinery |
Corporate Credit Union: | No |
Year Opened: | 1960 |
Last Audited: | Jun 01, 2021 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $3,340,471 |
CEO/Manager: | Kelly Hamilton |
Chairperson: | Thomas Brissette |
ASSETS: | $ Amount |
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Cash & Equivalents | 643,266 |
TOTAL INVESTMENTS | 1,326,814 |
Loans Held for Sale | 0 |
Real Estate Loans | 0 |
Unsecured Loans | 70,503 |
Other Loans | 1,281,830 |
TOTAL LOANS | 1,352,333 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -24,340 |
Land And Building | 0 |
Other Fixed Assets | 827 |
NCUSIF Deposit | 28,139 |
All Other Assets | 13,432 |
TOTAL ASSETS | 3,340,471 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 3,977 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 3,562 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 0 |
Regular shares | 2,702,387 |
All Other Shares & Deposits | 0 |
TOTAL SHARES & DEPOSITS | 2,702,387 |
TOTAL LIABILITIES | 2,709,926 |
Regular Reserve | 81,528 |
Other Reserves | 0 |
Undivided Earnings | 549,017 |
TOTAL EQUITY | 630,545 |
TOTAL LIABILITIES, SHARES, & EQUITY | 3,340,471 |
INCOME & EXPENSE | |
Loan Income | 83,152 |
Investment Income | 6,479 |
Other Income | 4,073 |
Total Employee Compensation & Benefits | 47,545 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 25,087 |
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 | 16,651 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | 2,585 |
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