Jun, 30, 2024 — THE MOUNT LEBANON FEDERAL CREDIT UNION is a federal credit union headquartered in BALTIMORE, MD with 1 branch location and about $402,104 in total assets. Opened 55 years ago in 1970, THE MOUNT LEBANON FEDERAL CREDIT UNION has about 208 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | THE MOUNT LEBANON FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 2812 Reisterstown Rd BALTIMORE, MD 21215-7903 |
| Phone: | (410) 225-0030 |
| Fax: | (410) 225-9986 |
| Website: | n/a |
| Branches: | 1 branch locations |
| Members: | 208 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 20038 |
|---|---|
| Membership Type: | Associational - Religious, other than those designated 'low-income' |
| Corporate Credit Union: | No |
| Year Opened: | 1970 |
| Last Audited: | Apr 01, 2022 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $402,104 |
| CEO/Manager: | Barbara A Casey |
| Chairperson: | Julia Mack |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 168,498 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 0 |
| Unsecured Loans | 193,320 |
| Other Loans | 42,423 |
| TOTAL LOANS | 235,743 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -23,450 |
| Land And Building | 0 |
| Other Fixed Assets | 5,471 |
| NCUSIF Deposit | 3,581 |
| All Other Assets | 0 |
| TOTAL ASSETS | 402,104 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 7,589 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 0 |
| Regular shares | 280,959 |
| All Other Shares & Deposits | 69,850 |
| TOTAL SHARES & DEPOSITS | 350,809 |
| TOTAL LIABILITIES | 358,398 |
| Regular Reserve | 0 |
| Other Reserves | 0 |
| Undivided Earnings | 43,706 |
| TOTAL EQUITY | 43,706 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 402,104 |
| INCOME & EXPENSE | |
| Loan Income | 12,113 |
| Investment Income | 26 |
| Other Income | 2,010 |
| Total Employee Compensation & Benefits | 900 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 11,236 |
| Non-operating Income & (Expense) | 437 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 2,000 |
| Cost of Funds | 248 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 244 |
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