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M.A.B.C. FEDERAL CREDIT UNION

Mar, 31, 2021 — M.A.B.C. FEDERAL CREDIT UNION is a federal credit union headquartered in PHILADELPHIA, PA with 1 branch location and about $184,976 in total assets. Opened 35 years ago in 1986, M.A.B.C. FEDERAL CREDIT UNION has about 180 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:M.A.B.C. FEDERAL CREDIT UNION
Address:
(Main Office)
2012 69TH AVE
PHILADELPHIA, PA 19138-2095
Phone:(215) 549-2411
Fax:(215) 549-7799
Website:n/a
Branches:1 branch locations
Members:180
Credit Union Type:Federal Credit Union
Charter Number:24266
Membership Type:Associational - Religious, other than those designated 'low-income'
Corporate Credit Union:No
Year Opened:1986
Last Audited:Mar 01, 2021
FHLB Member:No
Low Income Designation:No
Assets:$184,976
CEO/Manager:Jeanne Andrews
Chairperson:Shirley Sims-Davis

Call Report

  • Micro Consumer Loans

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 90,650
TOTAL INVESTMENTS 70,086
Loans Held for Sale 0
 
 Real Estate Loans 0
 Unsecured Loans 24,756
 Other Loans 0
 TOTAL LOANS 24,756
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -2,398
 Land And Building 0
 Other Fixed Assets 0
 NCUSIF Deposit 1,360
 All Other Assets 522
  TOTAL ASSETS 184,976
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 159,000
 All Other Shares & Deposits 0
  TOTAL SHARES & DEPOSITS 159,000
  TOTAL LIABILITIES 159,000
 Regular Reserve 6,944
 Other Reserves 0
 Undivided Earnings 19,032
  TOTAL EQUITY 25,976
  TOTAL LIABILITIES, SHARES, & EQUITY 184,976
INCOME & EXPENSE  
 Loan Income 917
 Investment Income 125
 Other Income 85
 Total Employee Compensation & Benefits 0
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 887
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 0
 Cost of Funds 0
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 240
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