Dec, 31, 2021 — PARTHENON FEDERAL CREDIT UNION is a federal credit union headquartered in NASHVILLE, TN with 1 branch location and about $17.63 million in total assets. Opened 80 years ago in 1942, PARTHENON FEDERAL CREDIT UNION has about 1,617 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: | PARTHENON FEDERAL CREDIT UNION |
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Address: (Main Office) | 2204 Rosa L Parks Blvd NASHVILLE, TN 37228-1306 |
Phone: | (615) 749-6461 |
Fax: | |
Website: | http://www.parthenonfcu.org |
Branches: | 1 branch locations |
Members: | 1,617 |
Credit Union Type: | Federal Credit Union |
Charter Number: | 4809 |
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Membership Type: | Community credit unions, urban or rural, other than those designated 'low income' |
Corporate Credit Union: | No |
Year Opened: | 1942 |
Last Audited: | Jun 01, 2021 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $17,626,088 |
CEO/Manager: | Mark Bess |
Chairperson: | Mike Cunningham |
ASSETS: | $ Amount |
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Cash & Equivalents | 3,420,016 |
TOTAL INVESTMENTS | 1,343,141 |
Loans Held for Sale | 0 |
Real Estate Loans | 2,976,564 |
Unsecured Loans | 1,517,774 |
Other Loans | 8,050,384 |
TOTAL LOANS | 12,544,722 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -137,919 |
Land And Building | 0 |
Other Fixed Assets | 0 |
NCUSIF Deposit | 126,868 |
All Other Assets | 329,260 |
TOTAL ASSETS | 17,626,088 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 0 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 21,011 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 3,191,554 |
Regular shares | 6,284,749 |
All Other Shares & Deposits | 5,381,867 |
TOTAL SHARES & DEPOSITS | 14,858,170 |
TOTAL LIABILITIES | 14,879,181 |
Regular Reserve | 397,851 |
Other Reserves | 0 |
Undivided Earnings | 2,349,056 |
TOTAL EQUITY | 2,746,907 |
TOTAL LIABILITIES, SHARES, & EQUITY | 17,626,088 |
INCOME & EXPENSE | |
Loan Income | 596,238 |
Investment Income | 5,281 |
Other Income | 118,111 |
Total Employee Compensation & Benefits | 250,751 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 305,880 |
Non-operating Income & (Expense) | 0 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 44,724 |
Cost of Funds | 25,258 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | 141,402 |
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