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PARTHENON FEDERAL CREDIT UNION

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.


ABA Routing Number: 264080989
Name:PARTHENON FEDERAL CREDIT UNION
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
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

Call Report

  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
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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