M B F T FEDERAL CREDIT UNION is no longer an active credit union according to the NCUA.
Sep, 30, 2025 — M B F T FEDERAL CREDIT UNION is a federal credit union headquartered in THURMONT, MD with 1 branch location and about $369,220 in total assets. Opened 63 years ago in 1963, M B F T FEDERAL CREDIT UNION has about 93 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | M B F T FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 1 POPLAR ST THURMONT, MD 21788 |
| Phone: | (301) 271-5722 |
| Fax: | (301) 271-5160 |
| Website: | n/a |
| Branches: | 1 branch locations |
| Members: | 93 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 15805 |
|---|---|
| Membership Type: | Manufacturing - All Other |
| Corporate Credit Union: | No |
| Year Opened: | 1963 |
| Last Audited: | Mar 01, 2020 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $369,220 |
| CEO/Manager: | Wanda J Peomroy |
| Chairperson: |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 235,231 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 0 |
| Unsecured Loans | 48,182 |
| Other Loans | 84,596 |
| TOTAL LOANS | 132,778 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -2,366 |
| Land And Building | 0 |
| Other Fixed Assets | 0 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 2,836 |
| All Other Assets | 741 |
| TOTAL ASSETS | 369,220 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 1,142 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 0 |
| Regular shares | 186,100 |
| All Other Shares & Deposits | 0 |
| TOTAL SHARES & DEPOSITS | 186,100 |
| TOTAL LIABILITIES | 187,242 |
| Regular Reserve | 58,863 |
| Other Reserves | 0 |
| Undivided Earnings | 123,115 |
| TOTAL EQUITY | 181,978 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 369,220 |
| INCOME & EXPENSE | |
| Loan Income | 7,951 |
| Investment Income | 639 |
| Other Income | 2 |
| Total Employee Compensation & Benefits | 6,530 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 7,355 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | -3,636 |
| Cost of Funds | 323 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | -1,980 |
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