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MESSIAH BAPTIST-JUBILEE FEDERAL CREDIT UNION

Sep, 30, 2025 — MESSIAH BAPTIST-JUBILEE FEDERAL CREDIT UNION is a federal credit union headquartered in BROCKTON, MA with 1 branch location and about $1.10 million in total assets. Opened 43 years ago in 1983, MESSIAH BAPTIST-JUBILEE FEDERAL CREDIT UNION has about 226 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:MESSIAH BAPTIST-JUBILEE FEDERAL CREDIT UNION
Address:
(Main Office)
80 Legion Pkwy
BROCKTON, MA 02301
Phone:(508) 584-1963
Fax:(508) 588-3308
Website:https://www.mbjfcu.org
Branches:1 branch locations
Members:226
Credit Union Type:Federal Credit Union
Charter Number:24043
Membership Type:Associational - Religious, other than those designated 'low-income'
Corporate Credit Union:No
Year Opened:1983
Last Audited:Feb 01, 2025
FHLB Member:No
Low Income Designation:No
Assets:$1,099,475
CEO/Manager:Steven Luke
Chairperson:

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Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 153,740
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 0
 Unsecured Loans 91,058
 Other Loans 159,826
 TOTAL LOANS 250,884
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -9,549
 Land And Building 0
 Other Fixed Assets 0
 NCUSIF (National Credit Union Share Insurance Fund) Deposit 6,992
 All Other Assets 0
  TOTAL ASSETS 1,099,475
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 0
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 0
 Regular shares 791,806
 All Other Shares & Deposits 72,924
  TOTAL SHARES & DEPOSITS 864,730
  TOTAL LIABILITIES 864,730
 Regular Reserve 0
 Other Reserves 11,296
 Undivided Earnings 223,449
  TOTAL EQUITY 234,745
  TOTAL LIABILITIES, SHARES, & EQUITY 1,099,475
INCOME & EXPENSE  
 Loan Income 17,825
 Investment Income 28,328
 Other Income 2,631
 Total Employee Compensation & Benefits 0
 NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense 0
 Total Other Operating Expenses 14,147
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 0
 Cost of Funds 1,667
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 32,970
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