Sep, 30, 2025 — CORNERSTONE FINANCIAL CREDIT UNION is a federally insured state chartered credit union headquartered in NASHVILLE, TN with 7 branch locations and about $653.74 million in total assets. Opened 64 years ago in 1962, CORNERSTONE FINANCIAL CREDIT UNION has about 49,552 members and employs 106 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | CORNERSTONE FINANCIAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 1701 21st Ave s NASHVILLE, TN 37212-3703 |
| Phone: | (615) 385-1616 |
| Fax: | (615) 385-6845 |
| Website: | https://www.bankcfcu.org |
| Branches: | 7 branch locations |
| Members: | 49,552 |
| Credit Union Type: | Federally Insured State Chartered Credit Union |
| Charter Number: | 67972 |
|---|---|
| Membership Type: | State chartered natural person |
| Corporate Credit Union: | No |
| Year Opened: | 1962 |
| Last Audited: | Sep 01, 2024 |
| FHLB Member: | Yes |
| Low Income Designation: | No |
| Assets: | $653,738,548 |
| CEO/Manager: | Donna M Young |
| Chairperson: | Gary Cowan |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 31,742,580 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 169,561,770 |
| Unsecured Loans | 31,127,117 |
| Other Loans | 355,919,710 |
| TOTAL LOANS | 557,211,120 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -5,708,457 |
| Land And Building | 13,699,958 |
| Other Fixed Assets | 1,630,235 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 4,881,958 |
| All Other Assets | 72,821 |
| TOTAL ASSETS | 653,738,548 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 2,162,021 |
| Notes & Interest Payable | 6,000,000 |
| Accounts Payable & Other Liabilities | 8,397,855 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 100,471,945 |
| Regular shares | 254,084,733 |
| All Other Shares & Deposits | 216,934,070 |
| TOTAL SHARES & DEPOSITS | 571,490,748 |
| TOTAL LIABILITIES | 588,140,624 |
| Regular Reserve | 0 |
| Other Reserves | -3,233,993 |
| Undivided Earnings | 68,831,917 |
| TOTAL EQUITY | 65,597,924 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 653,738,548 |
| INCOME & EXPENSE | |
| Loan Income | 24,852,955 |
| Investment Income | 1,189,010 |
| Other Income | 2,756,629 |
| Total Employee Compensation & Benefits | 8,054,886 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 7,519,596 |
| Non-operating Income & (Expense) | 73,858 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 2,650,000 |
| Cost of Funds | 8,239,132 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 5,418,851 |
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