Sep, 30, 2025 — MOUNT VERNON BAPTIST CHURCH CREDIT UNION is a federally insured state chartered credit union headquartered in DURHAM, NC with 1 branch location and about $140,348 in total assets. Opened 78 years ago in 1948, MOUNT VERNON BAPTIST CHURCH CREDIT UNION has about 206 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | MOUNT VERNON BAPTIST CHURCH CREDIT UNION |
|---|---|
| Address: (Main Office) | 1007 S Roxboro St DURHAM, NC 27707 |
| Phone: | (919) 688-1823 |
| Fax: | |
| Website: | n/a |
| Branches: | 1 branch locations |
| Members: | 206 |
| Credit Union Type: | Federally Insured State Chartered Credit Union |
| Charter Number: | 63595 |
|---|---|
| Membership Type: | State chartered natural person |
| Corporate Credit Union: | No |
| Year Opened: | 1948 |
| Last Audited: | Feb 01, 2025 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $140,348 |
| CEO/Manager: | Paula Stewart |
| Chairperson: | Dennis McCaskill |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 14,234 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 0 |
| Unsecured Loans | 9,292 |
| Other Loans | 0 |
| TOTAL LOANS | 9,292 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -890 |
| Land And Building | 0 |
| Other Fixed Assets | 0 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 872 |
| All Other Assets | 0 |
| TOTAL ASSETS | 140,348 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 338 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 0 |
| Regular shares | 89,040 |
| All Other Shares & Deposits | 0 |
| TOTAL SHARES & DEPOSITS | 89,040 |
| TOTAL LIABILITIES | 89,378 |
| Regular Reserve | 0 |
| Other Reserves | 0 |
| Undivided Earnings | 50,970 |
| TOTAL EQUITY | 50,970 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 140,348 |
| INCOME & EXPENSE | |
| Loan Income | 930 |
| Investment Income | 3,841 |
| Other Income | 330 |
| Total Employee Compensation & Benefits | 0 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 2,211 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 1,534 |
| Cost of Funds | 0 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 1,653 |
| ↑ Back to Top | |