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DIXIE LINE CREDIT UNION

Dec, 31, 2021 — DIXIE LINE CREDIT UNION is a federally insured state chartered credit union headquartered in NASHVILLE, TN with 1 branch location and about $12.47 million in total assets. Opened 90 years ago in 1932, DIXIE LINE CREDIT UNION has about 904 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:904
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:Sep 01, 2021
FHLB Member:No
Low Income Designation:No
Assets:$12,473,660
CEO/Manager:Melissia J Riddle
Chairperson:Joe P Burns, Sr.

Call Report

  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 3,727,744
TOTAL INVESTMENTS 1,545,763
Loans Held for Sale 0
 
 Real Estate Loans 0
 Unsecured Loans 1,029,815
 Other Loans 5,959,644
 TOTAL LOANS 6,989,459
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -49,133
 Land And Building 32,635
 Other Fixed Assets 25,657
 NCUSIF Deposit 109,424
 All Other Assets 92,111
  TOTAL ASSETS 12,473,660
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 14,599
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 1,105,298
 Regular shares 3,580,062
 All Other Shares & Deposits 5,704,350
  TOTAL SHARES & DEPOSITS 10,389,710
  TOTAL LIABILITIES 10,404,309
 Regular Reserve 347,005
 Other Reserves 0
 Undivided Earnings 1,722,346
  TOTAL EQUITY 2,069,351
  TOTAL LIABILITIES, SHARES, & EQUITY 12,473,660
INCOME & EXPENSE  
 Loan Income 441,379
 Investment Income 8,462
 Other Income 25,121
 Total Employee Compensation & Benefits 217,758
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 193,317
 Non-operating Income & (Expense) 1,896
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense -29,947
 Cost of Funds 45,412
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 78,444
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