Sep, 30, 2025 — OLIVET BAPTIST CREDIT UNION is a federally insured state chartered credit union headquartered in CORDOVA, TN with 1 branch location and about $668,498 in total assets. Opened 48 years ago in 1978, OLIVET BAPTIST CREDIT UNION has about 918 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | OLIVET BAPTIST CREDIT UNION |
|---|---|
| Address: (Main Office) | 10000 Woodland Hills Dr CORDOVA, TN 38018 |
| Phone: | (901) 454-7777 |
| Fax: | |
| Website: | n/a |
| Branches: | 1 branch locations |
| Members: | 918 |
| Credit Union Type: | Federally Insured State Chartered Credit Union |
| Charter Number: | 68165 |
|---|---|
| Membership Type: | State chartered natural person |
| Corporate Credit Union: | No |
| Year Opened: | 1978 |
| Last Audited: | Aug 01, 2025 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $668,498 |
| CEO/Manager: | Marilyn Blanks |
| Chairperson: | Douglas Wright II |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 74,616 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 0 |
| Unsecured Loans | 21,390 |
| Other Loans | 119,839 |
| TOTAL LOANS | 141,229 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -8,849 |
| Land And Building | 0 |
| Other Fixed Assets | 3,606 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 5,433 |
| All Other Assets | 0 |
| TOTAL ASSETS | 668,498 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 1,038 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 3,063 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 0 |
| Regular shares | 573,014 |
| All Other Shares & Deposits | 0 |
| TOTAL SHARES & DEPOSITS | 573,014 |
| TOTAL LIABILITIES | 577,115 |
| Regular Reserve | 0 |
| Other Reserves | 69,016 |
| Undivided Earnings | 22,367 |
| TOTAL EQUITY | 91,383 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 668,498 |
| INCOME & EXPENSE | |
| Loan Income | 7,870 |
| Investment Income | 12,247 |
| Other Income | 1,337 |
| Total Employee Compensation & Benefits | 0 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 12,683 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 675 |
| Cost of Funds | 3,077 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 5,019 |
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