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DIXIE LINE CREDIT UNION

Mar, 31, 2021 — DIXIE LINE CREDIT UNION is a federally insured state chartered credit union headquartered in NASHVILLE, TN with 1 branch location and about $12.57 million in total assets. Opened 89 years ago in 1932, DIXIE LINE CREDIT UNION has about 925 members and employs 5 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:DIXIE LINE CREDIT UNION
Address:
(Main Office)
567 VERITAS ST
NASHVILLE, TN 37211
Phone:(615) 331-5121
Fax:(615) 833-9304
Website:http://www.dixieline.org
Branches:1 branch locations
Members:925
Credit Union Type:Federally Insured State Chartered Credit Union
Charter Number:67937
Membership Type:State chartered natural person
Corporate Credit Union:No
Year Opened:1932
Last Audited:Oct 01, 2020
FHLB Member:No
Low Income Designation:No
Assets:$12,574,789
CEO/Manager:Kathy L Jones
Chairperson:Joe P Burns, Sr.

Call Report

  • Risk Based Loans
  • Share Secured Credit Cards
  • ATM/Debit Card Program
  • Check Cashing
  • Insurance/Investment Sales
  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 4,407,639
TOTAL INVESTMENTS 1,297,763
Loans Held for Sale 0
 
 Real Estate Loans 0
 Unsecured Loans 964,381
 Other Loans 5,721,491
 TOTAL LOANS 6,685,872
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -78,777
 Land And Building 32,633
 Other Fixed Assets 25,628
 NCUSIF Deposit 100,431
 All Other Assets 103,600
  TOTAL ASSETS 12,574,789
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 9,384
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 1,078,188
 Regular shares 3,648,326
 All Other Shares & Deposits 5,835,911
  TOTAL SHARES & DEPOSITS 10,562,425
  TOTAL LIABILITIES 10,571,809
 Regular Reserve 337,730
 Other Reserves 0
 Undivided Earnings 1,665,250
  TOTAL EQUITY 2,002,980
  TOTAL LIABILITIES, SHARES, & EQUITY 12,574,789
INCOME & EXPENSE  
 Loan Income 105,457
 Investment Income 3,112
 Other Income 4,410
 Total Employee Compensation & Benefits 51,640
 NCUSIF Premiums Expense -1,926
 Total Other Operating Expenses 44,847
 Non-operating Income & (Expense) 474
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 0
 Cost of Funds 14,199
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 12,073
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