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National Credit Union Service Organization

METRO MEDICAL CREDIT UNION

Mar, 31, 2021 — METRO MEDICAL CREDIT UNION is a federally insured state chartered credit union headquartered in Dallas, TX with 3 branch locations and about $88.72 million in total assets. Opened 56 years ago in 1965, METRO MEDICAL CREDIT UNION has about 7,132 members and employs 14 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: 311079186
Name:METRO MEDICAL CREDIT UNION
Address:
(Main Office)
8200 Brookriver Dr Ste N110
Dallas, TX 75247
Phone:(214) 630-0611
Fax:(214) 879-9759
Website:http://www.mmcu.com
Branches:3 branch locations
Members:7,132
Credit Union Type:Federally Insured State Chartered Credit Union
Charter Number:67517
Membership Type:State chartered natural person
Corporate Credit Union:No
Year Opened:1965
Last Audited:Dec 01, 2020
FHLB Member:No
Low Income Designation:No
Assets:$88,716,696
CEO/Manager:Craig White
Chairperson:Joe G Mayer

Call Report

  • Credit Builder
  • Overdraft Lines of Credit
  • Overdraft Protection
  • Participation Loans
  • Real Estate Loans
  • Risk Based Loans
  • ATM/Debit Card Program
  • Insurance/Investment Sales

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 10,723,428
TOTAL INVESTMENTS 55,442,290
Loans Held for Sale 0
 
 Real Estate Loans 9,607,788
 Unsecured Loans 2,175,388
 Other Loans 9,744,096
 TOTAL LOANS 21,527,272
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -170,258
 Land And Building 0
 Other Fixed Assets 221,348
 NCUSIF Deposit 673,862
 All Other Assets 298,754
  TOTAL ASSETS 88,716,696
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 289,120
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 21,291,564
 Regular shares 45,342,606
 All Other Shares & Deposits 10,948,195
  TOTAL SHARES & DEPOSITS 77,582,365
  TOTAL LIABILITIES 77,871,485
 Regular Reserve 689,792
 Other Reserves 0
 Undivided Earnings 10,155,419
  TOTAL EQUITY 10,845,211
  TOTAL LIABILITIES, SHARES, & EQUITY 88,716,696
INCOME & EXPENSE  
 Loan Income 277,061
 Investment Income 223,259
 Other Income 200,876
 Total Employee Compensation & Benefits 255,425
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 263,615
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense -104,699
 Cost of Funds 13,561
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 273,294
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