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PURITY DAIRIES EMPLOYEES FEDERAL CREDIT UNION

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

Call Report

Financial Summary

» See also Statement of Financial Condition
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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