Dec, 31, 2023 — COMMUNITY PARTNERS FEDERAL CREDIT UNION is a federal credit union headquartered in NEWTON, MS with 0 branch location and about $5.29 million in total assets. Opened 53 years ago in 1971, COMMUNITY PARTNERS FEDERAL CREDIT UNION has about 2,087 members and employs 6 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | COMMUNITY PARTNERS FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 102 OLD HIGHWAY 15 LOOP NEWTON, MS 39345-8034 |
| Phone: | (601) 683-3322 |
| Fax: | (601) 683-7040 |
| Website: | https://www.communitypartnersfcu.com |
| Branches: | 0 branch locations |
| Members: | 2,087 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 24905 |
|---|---|
| Membership Type: | Community credit unions, urban or rural, other than those designated 'low income' |
| Corporate Credit Union: | No |
| Year Opened: | 1971 |
| Last Audited: | Oct 01, 2023 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $5,286,774 |
| CEO/Manager: | Deloris Little |
| Chairperson: | KENNETH HARRIS |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 1,356,942 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 0 |
| Unsecured Loans | 502,263 |
| Other Loans | 1,772,195 |
| TOTAL LOANS | 2,274,458 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -27,490 |
| Land And Building | 171,475 |
| Other Fixed Assets | 1,979 |
| NCUSIF Deposit | 50,302 |
| All Other Assets | 0 |
| TOTAL ASSETS | 5,286,774 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 51,378 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 844,360 |
| Regular shares | 3,108,217 |
| All Other Shares & Deposits | 783,505 |
| TOTAL SHARES & DEPOSITS | 4,736,082 |
| TOTAL LIABILITIES | 4,787,460 |
| Regular Reserve | 0 |
| Other Reserves | 0 |
| Undivided Earnings | 499,314 |
| TOTAL EQUITY | 499,314 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 5,286,774 |
| INCOME & EXPENSE | |
| Loan Income | 228,120 |
| Investment Income | 61,667 |
| Other Income | 198,115 |
| Total Employee Compensation & Benefits | 234,768 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 290,917 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 44,084 |
| Cost of Funds | 7,557 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | -75,921 |
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