Credit Unions Near Me
National Credit Union Service Organization

MID-ISLAND FEDERAL CREDIT UNION

Jun, 30, 2021 — MID-ISLAND FEDERAL CREDIT UNION is a federal credit union headquartered in Christiansted, VI with 1 branch location and about $16.40 million in total assets. Opened 40 years ago in 1981, MID-ISLAND FEDERAL CREDIT UNION has about 2,253 members and employs 6 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:MID-ISLAND FEDERAL CREDIT UNION
Address:
(Main Office)
P O Box 5398
Christiansted, VI 00823
Phone:(340) 778-6297
Fax:(340) 778-3616
Website:http://www.midislandfcu.com
Branches:1 branch locations
Members:2,253
Credit Union Type:Federal Credit Union
Charter Number:23811
Membership Type:Community credit unions, urban or rural, other than those designated 'low income'
Corporate Credit Union:No
Year Opened:1981
Last Audited:Dec 01, 2020
FHLB Member:No
Low Income Designation:No
Assets:$16,398,448
CEO/Manager:JULIA CRISPIN
Chairperson:David Rossington

Call Report

  • International Remittances
  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 7,573,407
TOTAL INVESTMENTS 4,542,243
Loans Held for Sale 0
 
 Real Estate Loans 0
 Unsecured Loans 698,408
 Other Loans 3,349,195
 TOTAL LOANS 4,099,777
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -102,483
 Land And Building 0
 Other Fixed Assets 21,155
 NCUSIF Deposit 142,253
 All Other Assets 122,096
  TOTAL ASSETS 16,398,448
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 37,223
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 0
 Regular shares 15,224,845
 All Other Shares & Deposits 0
  TOTAL SHARES & DEPOSITS 15,224,845
  TOTAL LIABILITIES 15,262,068
 Regular Reserve 206,663
 Other Reserves 0
 Undivided Earnings 929,717
  TOTAL EQUITY 1,136,380
  TOTAL LIABILITIES, SHARES, & EQUITY 16,398,448
INCOME & EXPENSE  
 Loan Income 154,786
 Investment Income 56,926
 Other Income 22,971
 Total Employee Compensation & Benefits 102,051
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 106,035
 Non-operating Income & (Expense) -6,225
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 10,751
 Cost of Funds 7,232
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 2,389
↑ Back to Top

Other Credit Unions

VITELCO EMPLOYEES FEDERAL CREDIT UNION
PO Box 303920
CHARLOTTE AMALI, VI 00803-3920
CHRISTIANSTED FEDERAL CREDIT UNION
P.O. BOX 490
CHRISTIANSTED, VI 00821
FREDERIKSTED FEDERAL CREDIT UNION
PO BOX 7
FREDERIKSTED, VI 00841
ST. THOMAS FEDERAL CREDIT UNION
P.O. BOX 1138
CHARLOTTE AMALI, VI 00804-1138