Jun, 30, 2024 — MSD FEDERAL CREDIT UNION is a federal credit union headquartered in LOUISVILLE, KY with 1 branch location and about $8.23 million in total assets. Opened 54 years ago in 1971, MSD FEDERAL CREDIT UNION has about 848 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: | MSD FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 700 W Liberty St LOUISVILLE, KY 40203-1911 |
| Phone: | (502) 540-6213 |
| Fax: | (502) 587-7832 |
| Website: | n/a |
| Branches: | 1 branch locations |
| Members: | 848 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 20595 |
|---|---|
| Membership Type: | Multiple common bond - Primarily communications and utilities |
| Corporate Credit Union: | No |
| Year Opened: | 1971 |
| Last Audited: | Dec 01, 2021 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $8,231,339 |
| CEO/Manager: | Thomas Poos |
| Chairperson: | Tim Wallen |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 2,079,474 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 0 |
| Unsecured Loans | 499,827 |
| Other Loans | 2,263,675 |
| TOTAL LOANS | 2,763,502 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -6,186 |
| Land And Building | 0 |
| Other Fixed Assets | 1,936 |
| NCUSIF Deposit | 67,760 |
| All Other Assets | 0 |
| TOTAL ASSETS | 8,231,339 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 6,968 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 1,511,565 |
| Regular shares | 4,821,638 |
| All Other Shares & Deposits | 764,781 |
| TOTAL SHARES & DEPOSITS | 7,097,984 |
| TOTAL LIABILITIES | 7,104,952 |
| Regular Reserve | 0 |
| Other Reserves | 114,854 |
| Undivided Earnings | 1,011,533 |
| TOTAL EQUITY | 1,126,387 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 8,231,339 |
| INCOME & EXPENSE | |
| Loan Income | 151,702 |
| Investment Income | 14,182 |
| Other Income | 55,015 |
| Total Employee Compensation & Benefits | 112,453 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 132,766 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | -20,009 |
| Cost of Funds | 10,157 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 8,934 |
| ↑ Back to Top | |