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MOUNT OLIVE BAPTIST CHURCH FEDERAL CREDIT UNION

Sep, 30, 2025 — MOUNT OLIVE BAPTIST CHURCH FEDERAL CREDIT UNION is a federal credit union headquartered in ARLINGTON, TX with 1 branch location and about $11.05 million in total assets. Opened 29 years ago in 1997, MOUNT OLIVE BAPTIST CHURCH FEDERAL CREDIT UNION has about 1,311 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:MOUNT OLIVE BAPTIST CHURCH FEDERAL CREDIT UNION
Address:
(Main Office)
514 NL Robinson Dr
ARLINGTON, TX 76011-7473
Phone:(817) 261-9325
Fax:(817) 275-2806
Website:https://www.mobcfcu.com
Branches:1 branch locations
Members:1,311
Credit Union Type:Federal Credit Union
Charter Number:24605
Membership Type:Multiple common bond - Primarily faith based
Corporate Credit Union:No
Year Opened:1997
Last Audited:Jun 01, 2025
FHLB Member:No
Low Income Designation:No
Assets:$11,053,720
CEO/Manager:CHARLOTTE M WILLIS
Chairperson:Michael Guyton

Call Report

  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 1,590,197
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 0
 Unsecured Loans 128,343
 Other Loans 6,550,555
 TOTAL LOANS 6,678,898
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -60,512
 Land And Building 0
 Other Fixed Assets 1,199
 NCUSIF (National Credit Union Share Insurance Fund) Deposit 86,318
 All Other Assets 0
  TOTAL ASSETS 11,053,720
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 96,218
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 0
 Regular shares 8,598,924
 All Other Shares & Deposits 477,168
  TOTAL SHARES & DEPOSITS 9,076,092
  TOTAL LIABILITIES 9,172,310
 Regular Reserve 0
 Other Reserves 0
 Undivided Earnings 1,881,410
  TOTAL EQUITY 1,881,410
  TOTAL LIABILITIES, SHARES, & EQUITY 11,053,720
INCOME & EXPENSE  
 Loan Income 234,667
 Investment Income 140,125
 Other Income 16,955
 Total Employee Compensation & Benefits 0
 NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense 0
 Total Other Operating Expenses 166,548
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 76,502
 Cost of Funds 69,445
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 79,493
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