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NONE SUFFER LACK FEDERAL CREDIT UNION

Jun, 30, 2021 — NONE SUFFER LACK FEDERAL CREDIT UNION is a federal credit union headquartered in SUITLAND, MD with 1 branch location and about $27.27 million in total assets. Opened 20 years ago in 2001, NONE SUFFER LACK FEDERAL CREDIT UNION has about 2,361 members and employs 4 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:NONE SUFFER LACK FEDERAL CREDIT UNION
Address:
(Main Office)
4929 ALLENTOWN RD
SUITLAND, MD 20746-3934
Phone:(301) 899-0300
Fax:(301) 899-0305
Website:http://www.nslfcu.org
Branches:1 branch locations
Members:2,361
Credit Union Type:Federal Credit Union
Charter Number:24657
Membership Type:Associational - Religious, other than those designated 'low-income'
Corporate Credit Union:No
Year Opened:2001
Last Audited:Dec 01, 2020
FHLB Member:No
Low Income Designation:No
Assets:$27,270,189
CEO/Manager:Toni Hopkins
Chairperson:Brittany Cunningham

Call Report

  • Payday Alternative Loans (PAL Loans)
  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 5,631,691
TOTAL INVESTMENTS 18,995,386
Loans Held for Sale 0
 
 Real Estate Loans 571,809
 Unsecured Loans 258,567
 Other Loans 1,526,417
 TOTAL LOANS 2,356,793
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -4,906
 Land And Building 0
 Other Fixed Assets 23,761
 NCUSIF Deposit 206,788
 All Other Assets 60,676
  TOTAL ASSETS 27,270,189
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 636
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 1,820,342
 Regular shares 21,353,828
 All Other Shares & Deposits 363,490
  TOTAL SHARES & DEPOSITS 23,537,660
  TOTAL LIABILITIES 23,538,296
 Regular Reserve 7,000
 Other Reserves 0
 Undivided Earnings 3,724,893
  TOTAL EQUITY 3,731,893
  TOTAL LIABILITIES, SHARES, & EQUITY 27,270,189
INCOME & EXPENSE  
 Loan Income 47,716
 Investment Income 96,824
 Other Income 30,615
 Total Employee Compensation & Benefits 80,003
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 130,372
 Non-operating Income & (Expense) 110,237
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 0
 Cost of Funds 7,913
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 74,322
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