Dec, 31, 2021 — SKYLINE CREDIT UNION is a federally insured state chartered credit union headquartered in NASHVILLE, TN with 1 branch location and about $18.14 million in total assets. Opened 56 years ago in 1966, SKYLINE CREDIT UNION has about 1,753 members and employs 7 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | SKYLINE CREDIT UNION |
|---|---|
| Address: (Main Office) | 3443 Dickerson Pike Ste G10 NASHVILLE, TN 37207-2528 |
| Phone: | (615) 345-3471 |
| Fax: | (615) 345-3477 |
| Website: | http://www.skylinecreditunion.com |
| Branches: | 1 branch locations |
| Members: | 1,753 |
| Credit Union Type: | Federally Insured State Chartered Credit Union |
| Charter Number: | 68100 |
|---|---|
| Membership Type: | State chartered natural person |
| Corporate Credit Union: | No |
| Year Opened: | 1966 |
| Last Audited: | Dec 01, 2020 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $18,140,955 |
| CEO/Manager: | Virginia M Brooks |
| Chairperson: | Larry Stubbs |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 2,825,507 |
| TOTAL INVESTMENTS | 7,615,593 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 891,474 |
| Unsecured Loans | 175,325 |
| Other Loans | 6,431,398 |
| TOTAL LOANS | 7,498,197 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -110,798 |
| Land And Building | 0 |
| Other Fixed Assets | 12,391 |
| NCUSIF Deposit | 135,267 |
| All Other Assets | 164,798 |
| TOTAL ASSETS | 18,140,955 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 30 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 175,241 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 0 |
| Regular shares | 3,602,995 |
| All Other Shares & Deposits | 11,005,235 |
| TOTAL SHARES & DEPOSITS | 14,608,230 |
| TOTAL LIABILITIES | 14,783,501 |
| Regular Reserve | 478,245 |
| Other Reserves | 0 |
| Undivided Earnings | 2,879,209 |
| TOTAL EQUITY | 3,357,454 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 18,140,955 |
| INCOME & EXPENSE | |
| Loan Income | 371,092 |
| Investment Income | 47,127 |
| Other Income | 21,380 |
| Total Employee Compensation & Benefits | 248,037 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 176,956 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | -16,676 |
| Cost of Funds | 30,024 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 27,039 |
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