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MEDIA MEMBERS FEDERAL CREDIT UNION

Mar, 31, 2021 — MEDIA MEMBERS FEDERAL CREDIT UNION is a federal credit union headquartered in Philadelphia, PA with 1 branch location and about $67.57 million in total assets. Opened 51 years ago in 1970, MEDIA MEMBERS FEDERAL CREDIT UNION has about 7,271 members and employs 15 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


ABA Routing Number: 236084175
Name:MEDIA MEMBERS FEDERAL CREDIT UNION
Address:
(Main Office)
3131 Walnut St
Philadelphia, PA 19104-3415
Phone:(215) 898-8539
Fax:(215) 573-2163
Website:http://www.mediamembers.org
Branches:1 branch locations
Members:7,271
Credit Union Type:Federal Credit Union
Charter Number:20207
Membership Type:Multiple common bond - Primarily communications and utilities
Corporate Credit Union:No
Year Opened:1970
Last Audited:Nov 01, 2020
FHLB Member:No
Low Income Designation:No
Assets:$67,568,700
CEO/Manager:Maryanne Klein
Chairperson:Bud Seixas

Call Report

  • Overdraft Protection
  • Real Estate Loans
  • Risk Based Loans
  • ATM/Debit Card Program
  • International Remittances
  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 14,372,882
TOTAL INVESTMENTS 33,696,147
Loans Held for Sale 0
 
 Real Estate Loans 10,346,092
 Unsecured Loans 5,189,977
 Other Loans 3,019,886
 TOTAL LOANS 18,555,955
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -504,414
 Land And Building 0
 Other Fixed Assets 771,590
 NCUSIF Deposit 515,248
 All Other Assets 161,292
  TOTAL ASSETS 67,568,700
LIABILITIES & CAPITAL:  
 Dividends Payable 8,576
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 109,997
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 6,596,993
 Regular shares 35,901,794
 All Other Shares & Deposits 12,343,883
  TOTAL SHARES & DEPOSITS 54,842,670
  TOTAL LIABILITIES 54,961,243
 Regular Reserve 979,209
 Other Reserves 0
 Undivided Earnings 11,628,248
  TOTAL EQUITY 12,607,457
  TOTAL LIABILITIES, SHARES, & EQUITY 67,568,700
INCOME & EXPENSE  
 Loan Income 342,230
 Investment Income 133,303
 Other Income 83,640
 Total Employee Compensation & Benefits 275,385
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 288,040
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 0
 Cost of Funds 26,404
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 214
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