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PURITY DAIRIES EMPLOYEES FEDERAL CREDIT UNION

Mar, 31, 2021 — PURITY DAIRIES EMPLOYEES FEDERAL CREDIT UNION is a federal credit union headquartered in NASHVILLE, TN with 1 branch location and about $3.62 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:$3,618,104
CEO/Manager:Kelly Hamilton
Chairperson:Thomas Brissette

Call Report

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 1,082,649
TOTAL INVESTMENTS 1,174,814
Loans Held for Sale 0
 
 Real Estate Loans 0
 Unsecured Loans 74,755
 Other Loans 1,271,400
 TOTAL LOANS 1,346,155
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -26,423
 Land And Building 0
 Other Fixed Assets 819
 NCUSIF Deposit 27,447
 All Other Assets 12,643
  TOTAL ASSETS 3,618,104
LIABILITIES & CAPITAL:  
 Dividends Payable 4,319
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 4,208
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 0
 Regular shares 2,976,990
 All Other Shares & Deposits 0
  TOTAL SHARES & DEPOSITS 2,976,990
  TOTAL LIABILITIES 2,985,517
 Regular Reserve 81,527
 Other Reserves 0
 Undivided Earnings 551,060
  TOTAL EQUITY 632,587
  TOTAL LIABILITIES, SHARES, & EQUITY 3,618,104
INCOME & EXPENSE  
 Loan Income 24,940
 Investment Income 2,328
 Other Income 848
 Total Employee Compensation & Benefits 11,279
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 6,398
 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 4,319
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 4,284
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