Sep, 30, 2025 — MEAD COATED BOARD FEDERAL CREDIT UNION is a federal credit union headquartered in PITTSVIEW, AL with 1 branch location and about $41.73 million in total assets. Opened 59 years ago in 1967, MEAD COATED BOARD FEDERAL CREDIT UNION has about 1,505 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: | MEAD COATED BOARD FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 1705 Highway 165 PITTSVIEW, AL 36871 |
| Phone: | (334) 232-4036 |
| Fax: | (334) 232-5177 |
| Website: | n/a |
| Branches: | 1 branch locations |
| Members: | 1,505 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 18192 |
|---|---|
| Membership Type: | Manufacturing - All Other |
| Corporate Credit Union: | No |
| Year Opened: | 1967 |
| Last Audited: | Jun 01, 2025 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $41,729,849 |
| CEO/Manager: | Mary L Shaw |
| Chairperson: | David G Bush |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 1,777,449 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 1,583,223 |
| Unsecured Loans | 1,710,564 |
| Other Loans | 7,000,161 |
| TOTAL LOANS | 10,293,948 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -146,891 |
| Land And Building | 0 |
| Other Fixed Assets | 0 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 328,567 |
| All Other Assets | 0 |
| TOTAL ASSETS | 41,729,849 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 19,221 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 0 |
| Regular shares | 20,904,847 |
| All Other Shares & Deposits | 11,728,630 |
| TOTAL SHARES & DEPOSITS | 32,633,477 |
| TOTAL LIABILITIES | 32,652,698 |
| Regular Reserve | 0 |
| Other Reserves | 0 |
| Undivided Earnings | 9,077,151 |
| TOTAL EQUITY | 9,077,151 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 41,729,849 |
| INCOME & EXPENSE | |
| Loan Income | 589,565 |
| Investment Income | 259,461 |
| Other Income | 29,795 |
| Total Employee Compensation & Benefits | 204,081 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 114,037 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 0 |
| Cost of Funds | 522,907 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 37,796 |
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