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 |
|---|---|
| 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 |
|---|---|
| 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 |
|---|---|
| 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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