Jun, 30, 2021 — PARTHENON FEDERAL CREDIT UNION is a federal credit union headquartered in NASHVILLE, TN with 1 branch location and about $17.74 million in total assets. Opened 79 years ago in 1942, PARTHENON FEDERAL CREDIT UNION has about 1,592 members and employs 5 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 |
|---|---|
| Address: (Main Office) | 2204 ROSA L PARKS BLVD NASHVILLE, TN 37228 |
| Phone: | (615) 749-6461 |
| Fax: | |
| Website: | http://www.parthenonfcu.org |
| Branches: | 1 branch locations |
| Members: | 1,592 |
| 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, 2020 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $17,735,635 |
| CEO/Manager: | Mark Bess |
| Chairperson: | Mike Cunningham |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 4,335,778 |
| TOTAL INVESTMENTS | 1,343,141 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 3,067,290 |
| Unsecured Loans | 1,339,370 |
| Other Loans | 7,298,774 |
| TOTAL LOANS | 11,705,434 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -91,853 |
| Land And Building | 0 |
| Other Fixed Assets | 311,171 |
| NCUSIF Deposit | 99,476 |
| All Other Assets | 32,488 |
| TOTAL ASSETS | 17,735,635 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 42,041 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 6,455,644 |
| Regular shares | 3,332,466 |
| All Other Shares & Deposits | 5,215,704 |
| TOTAL SHARES & DEPOSITS | 15,003,814 |
| TOTAL LIABILITIES | 15,045,855 |
| Regular Reserve | 397,851 |
| Other Reserves | 0 |
| Undivided Earnings | 2,291,929 |
| TOTAL EQUITY | 2,689,780 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 17,735,635 |
| INCOME & EXPENSE | |
| Loan Income | 294,899 |
| Investment Income | 1,498 |
| Other Income | 56,323 |
| Total Employee Compensation & Benefits | 137,834 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 150,968 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | -8,823 |
| Cost of Funds | 11,897 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 84,275 |
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