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MARYVILLE MUNICIPAL CREDIT UNION

Mar, 31, 2021 — MARYVILLE MUNICIPAL CREDIT UNION is a federally insured state chartered credit union headquartered in MARYVILLE, TN with 1 branch location and about $19.29 million in total assets. Opened 50 years ago in 1971, MARYVILLE MUNICIPAL CREDIT UNION has about 947 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:MARYVILLE MUNICIPAL CREDIT UNION
Address:
(Main Office)
321 W BROADWAY AVE
MARYVILLE, TN 37801
Phone:(865) 984-4072
Fax:(865) 984-1061
Website:http://mmcutn.com
Branches:1 branch locations
Members:947
Credit Union Type:Federally Insured State Chartered Credit Union
Charter Number:68077
Membership Type:State chartered natural person
Corporate Credit Union:No
Year Opened:1971
Last Audited:Sep 01, 2020
FHLB Member:No
Low Income Designation:No
Assets:$19,286,527
CEO/Manager:TOM BOYLE
Chairperson:PAUL GILLEY

Call Report

  • Participation Loans
  • Real Estate Loans
  • ATM/Debit Card Program
  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 10,088,906
TOTAL INVESTMENTS 3,853,566
Loans Held for Sale 0
 
 Real Estate Loans 1,006,070
 Unsecured Loans 2,601,525
 Other Loans 1,615,487
 TOTAL LOANS 5,223,082
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -142,122
 Land And Building 0
 Other Fixed Assets 5,133
 NCUSIF Deposit 170,105
 All Other Assets 87,857
  TOTAL ASSETS 19,286,527
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 65,707
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 2,952,721
 Regular shares 8,454,230
 All Other Shares & Deposits 5,170,081
  TOTAL SHARES & DEPOSITS 16,577,032
  TOTAL LIABILITIES 16,642,739
 Regular Reserve 310,116
 Other Reserves 0
 Undivided Earnings 2,333,672
  TOTAL EQUITY 2,643,788
  TOTAL LIABILITIES, SHARES, & EQUITY 19,286,527
INCOME & EXPENSE  
 Loan Income 102,957
 Investment Income 14,249
 Other Income 7,096
 Total Employee Compensation & Benefits 48,140
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 40,167
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 0
 Cost of Funds 17,495
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 18,501
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