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PURITY DAIRIES EMPLOYEES FEDERAL CREDIT UNION

Sep, 30, 2021 — PURITY DAIRIES EMPLOYEES FEDERAL CREDIT UNION is a federal credit union headquartered in NASHVILLE, TN with 1 branch location and about $3.37 million in total assets. Opened 62 years ago in 1960, PURITY DAIRIES EMPLOYEES FEDERAL CREDIT UNION has about 540 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:540
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:$3,371,818
CEO/Manager:Kelly Hamilton
Chairperson:Thomas Brissette

Call Report

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 757,588
TOTAL INVESTMENTS 1,274,814
Loans Held for Sale 0
 
 Real Estate Loans 0
 Unsecured Loans 56,213
 Other Loans 1,270,473
 TOTAL LOANS 1,326,686
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -24,168
 Land And Building 0
 Other Fixed Assets 493
 NCUSIF Deposit 28,139
 All Other Assets 8,266
  TOTAL ASSETS 3,371,818
LIABILITIES & CAPITAL:  
 Dividends Payable 4,115
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 6,155
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 0
 Regular shares 2,730,317
 All Other Shares & Deposits 0
  TOTAL SHARES & DEPOSITS 2,730,317
  TOTAL LIABILITIES 2,740,587
 Regular Reserve 81,527
 Other Reserves 0
 Undivided Earnings 549,704
  TOTAL EQUITY 631,231
  TOTAL LIABILITIES, SHARES, & EQUITY 3,371,818
INCOME & EXPENSE  
 Loan Income 64,282
 Investment Income 5,045
 Other Income 2,303
 Total Employee Compensation & Benefits 34,861
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 19,331
 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 12,673
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 2,929
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