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MNCPPC FEDERAL CREDIT UNION

Mar, 31, 2021 — MNCPPC FEDERAL CREDIT UNION is a federal credit union headquartered in College Park, MD with 2 branch locations and about $14.84 million in total assets. Opened 53 years ago in 1968, MNCPPC FEDERAL CREDIT UNION has about 1,871 members and employs 5 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:1,871
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:$14,840,942
CEO/Manager:Becky L Scott
Chairperson:John F Lazzari

Call Report

  • Real Estate Loans

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 4,603,982
TOTAL INVESTMENTS 4,005,005
Loans Held for Sale 0
 
 Real Estate Loans 1,030,576
 Unsecured Loans 2,038,874
 Other Loans 3,116,336
 TOTAL LOANS 6,185,786
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -104,983
 Land And Building 0
 Other Fixed Assets 11,276
 NCUSIF Deposit 112,858
 All Other Assets 27,018
  TOTAL ASSETS 14,840,942
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 30,451
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 189,288
 Regular shares 12,000,146
 All Other Shares & Deposits 660,033
  TOTAL SHARES & DEPOSITS 12,849,467
  TOTAL LIABILITIES 12,879,918
 Regular Reserve 358,798
 Other Reserves 0
 Undivided Earnings 1,602,226
  TOTAL EQUITY 1,961,024
  TOTAL LIABILITIES, SHARES, & EQUITY 14,840,942
INCOME & EXPENSE  
 Loan Income 83,024
 Investment Income 12,441
 Other Income 2,076
 Total Employee Compensation & Benefits 53,671
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 41,543
 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 548
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 2,242
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