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. |
| 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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