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CHURCH OF THE MASTER FEDERAL CREDIT UNION

Mar, 31, 2022 — CHURCH OF THE MASTER FEDERAL CREDIT UNION is a federal credit union headquartered in NEW YORK, NY with 1 branch location and about $699,462 in total assets. Opened 78 years ago in 1944, CHURCH OF THE MASTER FEDERAL CREDIT UNION has about 308 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:CHURCH OF THE MASTER FEDERAL CREDIT UNION
Address:
(Main Office)
81 Morningside Ave
NEW YORK, NY 10027-5130
Phone:(212) 666-3367
Fax:(212) 662-1833
Website:n/a
Branches:1 branch locations
Members:308
Credit Union Type:Federal Credit Union
Charter Number:5127
Membership Type:Multiple common bond - Primarily faith based
Corporate Credit Union:No
Year Opened:1944
Last Audited:Sep 01, 2021
FHLB Member:No
Low Income Designation:No
Assets:$699,462
CEO/Manager:Genevieve White
Chairperson:Hector Arlene

Call Report

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 165,135
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 0
 Unsecured Loans 35,483
 Other Loans 0
 TOTAL LOANS 35,483
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -1,000
 Land And Building 0
 Other Fixed Assets 0
 NCUSIF Deposit 7,975
 All Other Assets 0
  TOTAL ASSETS 699,462
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 2,005
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 0
 Regular shares 553,555
 All Other Shares & Deposits 0
  TOTAL SHARES & DEPOSITS 553,555
  TOTAL LIABILITIES 555,560
 Regular Reserve 0
 Other Reserves 24,752
 Undivided Earnings 119,150
  TOTAL EQUITY 143,902
  TOTAL LIABILITIES, SHARES, & EQUITY 699,462
INCOME & EXPENSE  
 Loan Income 352
 Investment Income 1,456
 Other Income 0
 Total Employee Compensation & Benefits 0
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 2,027
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 0
 Cost of Funds 822
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 9,559
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