Sep, 30, 2025 — MOBILE EDUCATORS CREDIT UNION is a federally insured state chartered credit union headquartered in MOBILE, AL with 3 branch locations and about $109.09 million in total assets. Opened 72 years ago in 1954, MOBILE EDUCATORS CREDIT UNION has about 8,215 members and employs 17 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | MOBILE EDUCATORS CREDIT UNION |
|---|---|
| Address: (Main Office) | 3150 AIRPORT BLVD MOBILE, AL 36606 |
| Phone: | (251) 473-4712 |
| Fax: | (251) 476-6900 |
| Website: | https://www.yourmecu.com |
| Branches: | 3 branch locations |
| Members: | 8,215 |
| Credit Union Type: | Federally Insured State Chartered Credit Union |
| Charter Number: | 61286 |
|---|---|
| Membership Type: | State chartered natural person |
| Corporate Credit Union: | No |
| Year Opened: | 1954 |
| Last Audited: | Jun 01, 2025 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $109,092,595 |
| CEO/Manager: | Tina B Williams |
| Chairperson: | Christine H Nassar |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 19,027,379 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 553,208 |
| Unsecured Loans | 1,479,467 |
| Other Loans | 12,364,467 |
| TOTAL LOANS | 14,397,142 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -126,410 |
| Land And Building | 3,002,362 |
| Other Fixed Assets | 142,698 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 940,348 |
| All Other Assets | 0 |
| TOTAL ASSETS | 109,092,595 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 469,541 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 23,262,802 |
| Regular shares | 68,553,209 |
| All Other Shares & Deposits | 3,338,729 |
| TOTAL SHARES & DEPOSITS | 95,154,740 |
| TOTAL LIABILITIES | 95,624,281 |
| Regular Reserve | 0 |
| Other Reserves | -305,191 |
| Undivided Earnings | 13,773,505 |
| TOTAL EQUITY | 13,468,314 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 109,092,595 |
| INCOME & EXPENSE | |
| Loan Income | 606,985 |
| Investment Income | 2,084,621 |
| Other Income | 481,268 |
| Total Employee Compensation & Benefits | 931,272 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 1,236,203 |
| Non-operating Income & (Expense) | 308,472 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 56,245 |
| Cost of Funds | 217,867 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 1,039,759 |
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