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TVA MID-SOUTH FEDERAL CREDIT UNION

Sep, 30, 2025 — TVA MID-SOUTH FEDERAL CREDIT UNION is a federal credit union headquartered in MEMPHIS, TN with 2 branch locations and about $3.38 million in total assets. Opened 62 years ago in 1964, TVA MID-SOUTH FEDERAL CREDIT UNION has about 173 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:TVA MID-SOUTH FEDERAL CREDIT UNION
Address:
(Main Office)
254 Court Ave Ste 109
MEMPHIS, TN 38103-2361
Phone:(901) 500-7102
Fax:
Website:n/a
Branches:2 branch locations
Members:173
Credit Union Type:Federal Credit Union
Charter Number:16520
Membership Type:Service - Communications and Utilities
Corporate Credit Union:No
Year Opened:1964
Last Audited:Jun 01, 2024
FHLB Member:No
Low Income Designation:No
Assets:$3,377,124
CEO/Manager:Terrie L Snavely
Chairperson:Stuart Farmer

Call Report

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Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 335,037
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 0
 Unsecured Loans 5,712
 Other Loans 938,792
 TOTAL LOANS 944,506
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -10,662
 Land And Building 0
 Other Fixed Assets 136
 NCUSIF (National Credit Union Share Insurance Fund) Deposit 29,627
 All Other Assets 0
  TOTAL ASSETS 3,377,124
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 16,446
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 3,843
 Regular shares 2,787,782
 All Other Shares & Deposits 0
  TOTAL SHARES & DEPOSITS 2,791,626
  TOTAL LIABILITIES 2,808,072
 Regular Reserve 0
 Other Reserves 68,272
 Undivided Earnings 500,780
  TOTAL EQUITY 569,052
  TOTAL LIABILITIES, SHARES, & EQUITY 3,377,124
INCOME & EXPENSE  
 Loan Income 40,587
 Investment Income 82,590
 Other Income 1,856
 Total Employee Compensation & Benefits 40,812
 NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense 0
 Total Other Operating Expenses 28,424
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 1,287
 Cost of Funds 43,434
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 11,076
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