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MNCPPC FEDERAL CREDIT UNION

Jun, 30, 2021 — MNCPPC FEDERAL CREDIT UNION is a federal credit union headquartered in College Park, MD with 2 branch locations and about $15.11 million in total assets. Opened 53 years ago in 1968, MNCPPC FEDERAL CREDIT UNION has about 1,849 members and employs 4 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:MNCPPC FEDERAL CREDIT UNION
Address:
(Main Office)
5211 Campus Drive Suite A
College Park, MD 20740
Phone:(301) 277-8633
Fax:(301) 277-8634
Website:http://www.mncppcfcu.com
Branches:2 branch locations
Members:1,849
Credit Union Type:Federal Credit Union
Charter Number:18948
Membership Type:Federal, State, Local Government
Corporate Credit Union:No
Year Opened:1968
Last Audited:Mar 01, 2021
FHLB Member:No
Low Income Designation:No
Assets:$15,110,855
CEO/Manager:Becky L Scott
Chairperson:John F Lazzari

Call Report

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 4,708,898
TOTAL INVESTMENTS 4,205,005
Loans Held for Sale 0
 
 Real Estate Loans 1,077,916
 Unsecured Loans 1,996,661
 Other Loans 3,062,507
 TOTAL LOANS 6,137,084
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -105,435
 Land And Building 0
 Other Fixed Assets 10,270
 NCUSIF Deposit 123,991
 All Other Assets 31,042
  TOTAL ASSETS 15,110,855
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 35,535
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 194,067
 Regular shares 12,190,338
 All Other Shares & Deposits 732,327
  TOTAL SHARES & DEPOSITS 13,116,732
  TOTAL LIABILITIES 13,152,267
 Regular Reserve 358,795
 Other Reserves 0
 Undivided Earnings 1,599,793
  TOTAL EQUITY 1,958,588
  TOTAL LIABILITIES, SHARES, & EQUITY 15,110,855
INCOME & EXPENSE  
 Loan Income 164,735
 Investment Income 27,861
 Other Income 6,145
 Total Employee Compensation & Benefits 115,309
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 78,961
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 3,000
 Cost of Funds 6,819
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 938
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