Credit Unions Near Me
National Credit Union Service Organization

P.I.A.S. CREDIT UNION

Mar, 31, 2022 — P.I.A.S. CREDIT UNION is a federally insured state chartered credit union headquartered in NASHVILLE, TN with 1 branch location and about $5.82 million in total assets. Opened 61 years ago in 1961, P.I.A.S. CREDIT UNION has about 712 members and employs 3 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:P.I.A.S. CREDIT UNION
Address:
(Main Office)
305 Plus Park Blvd
NASHVILLE, TN 37217
Phone:(615) 360-9951
Fax:(615) 360-9954
Website:http://piascu.org
Branches:1 branch locations
Members:712
Credit Union Type:Federally Insured State Chartered Credit Union
Charter Number:67779
Membership Type:State chartered natural person
Corporate Credit Union:No
Year Opened:1961
Last Audited:Dec 01, 2021
FHLB Member:No
Low Income Designation:No
Assets:$5,820,629
CEO/Manager:Edward Chalifoux
Chairperson:Webb McQuiddy

Call Report

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 1,062,271
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 200,104
 Unsecured Loans 185,675
 Other Loans 2,179,951
 TOTAL LOANS 2,565,730
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -18,871
 Land And Building 0
 Other Fixed Assets 4,449
 NCUSIF Deposit 47,296
 All Other Assets 0
  TOTAL ASSETS 5,820,629
LIABILITIES & CAPITAL:  
 Dividends Payable 2,600
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 12,416
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 184,866
 Regular shares 3,630,663
 All Other Shares & Deposits 1,316,024
  TOTAL SHARES & DEPOSITS 5,131,553
  TOTAL LIABILITIES 5,146,569
 Regular Reserve 0
 Other Reserves -209,940
 Undivided Earnings 884,000
  TOTAL EQUITY 674,060
  TOTAL LIABILITIES, SHARES, & EQUITY 5,820,629
INCOME & EXPENSE  
 Loan Income 31,330
 Investment Income 8,970
 Other Income 1,285
 Total Employee Compensation & Benefits 22,713
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 29,204
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 300
 Cost of Funds 1,480
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) -6,803
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