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MERIDIAN MISSISSIPPI ANG FEDERAL CREDIT UNION

Mar, 31, 2021 — MERIDIAN MISSISSIPPI ANG FEDERAL CREDIT UNION is a federal credit union headquartered in MERIDIAN, MS with 1 branch location and about $24.00 million in total assets. Opened 58 years ago in 1963, MERIDIAN MISSISSIPPI ANG FEDERAL CREDIT UNION has about 1,414 members and employs 3 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:MERIDIAN MISSISSIPPI ANG FEDERAL CREDIT UNION
Address:
(Main Office)
PO BOX 4232 WSS
MERIDIAN, MS 39304
Phone:(604) 483-7307
Fax:(601) 485-6503
Website:http://www.meridianangfcu.org
Branches:1 branch locations
Members:1,414
Credit Union Type:Federal Credit Union
Charter Number:15377
Membership Type:Military
Corporate Credit Union:No
Year Opened:1963
Last Audited:Nov 01, 2020
FHLB Member:No
Low Income Designation:No
Assets:$23,996,386
CEO/Manager:Darlene Wilkerson
Chairperson:Jimmy Owen

Call Report

  • Real Estate Loans
  • ATM/Debit Card Program
  • Check Cashing

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 3,043,397
TOTAL INVESTMENTS 9,631,041
Loans Held for Sale 0
 
 Real Estate Loans 2,055,257
 Unsecured Loans 542,466
 Other Loans 8,516,157
 TOTAL LOANS 11,113,880
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -33,052
 Land And Building 0
 Other Fixed Assets 4,163
 NCUSIF Deposit 185,059
 All Other Assets 51,898
  TOTAL ASSETS 23,996,386
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 6,604
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 3,136,734
 Regular shares 15,799,785
 All Other Shares & Deposits 2,526,930
  TOTAL SHARES & DEPOSITS 21,463,449
  TOTAL LIABILITIES 21,470,053
 Regular Reserve 306,767
 Other Reserves 0
 Undivided Earnings 2,219,566
  TOTAL EQUITY 2,526,333
  TOTAL LIABILITIES, SHARES, & EQUITY 23,996,386
INCOME & EXPENSE  
 Loan Income 129,794
 Investment Income 16,568
 Other Income 17,186
 Total Employee Compensation & Benefits 53,058
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 80,529
 Non-operating Income & (Expense) 1
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense -4,332
 Cost of Funds 8,915
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 41,820
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