Dec, 31, 2023 — M.A.B.C. FEDERAL CREDIT UNION is a federal credit union headquartered in PHILADELPHIA, PA with 1 branch location and about $157,566 in total assets. Opened 38 years ago in 1986, M.A.B.C. FEDERAL CREDIT UNION has about 140 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 |
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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: | 140 |
Credit Union Type: | Federal Credit Union |
Charter Number: | 24266 |
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Membership Type: | Associational - Religious, other than those designated 'low-income' |
Corporate Credit Union: | No |
Year Opened: | 1986 |
Last Audited: | Aug 01, 2023 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $157,566 |
CEO/Manager: | Jeanne Andrews |
Chairperson: | Stephanie P Johnson |
ASSETS: | $ Amount |
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Cash & Equivalents | 58,672 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 0 |
Real Estate Loans | 0 |
Unsecured Loans | 32,724 |
Other Loans | 0 |
TOTAL LOANS | 32,724 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -2,399 |
Land And Building | 0 |
Other Fixed Assets | 938 |
NCUSIF Deposit | 1,350 |
All Other Assets | 0 |
TOTAL ASSETS | 157,566 |
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 | 128,907 |
All Other Shares & Deposits | 0 |
TOTAL SHARES & DEPOSITS | 128,907 |
TOTAL LIABILITIES | 128,907 |
Regular Reserve | 0 |
Other Reserves | 0 |
Undivided Earnings | 28,659 |
TOTAL EQUITY | 28,659 |
TOTAL LIABILITIES, SHARES, & EQUITY | 157,566 |
INCOME & EXPENSE | |
Loan Income | 3,199 |
Investment Income | 1,699 |
Other Income | 403 |
Total Employee Compensation & Benefits | 0 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 3,660 |
Non-operating Income & (Expense) | 0 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 0 |
Cost of Funds | 373 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | 1,268 |
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