Jun, 30, 2024 — MEDIA CITY CREDIT UNION is a federally insured state chartered credit union headquartered in BURBANK, CA with 1 branch location and about $38.99 million in total assets. Opened 89 years ago in 1936, MEDIA CITY CREDIT UNION has about 2,213 members and employs 6 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | MEDIA CITY CREDIT UNION |
|---|---|
| Address: (Main Office) | 1020 W Olive Ave BURBANK, CA 91506-2212 |
| Phone: | (818) 238-2950 |
| Fax: | (818) 238-2979 |
| Website: | https://www.mediacitycu.org |
| Branches: | 1 branch locations |
| Members: | 2,213 |
| Credit Union Type: | Federally Insured State Chartered Credit Union |
| Charter Number: | 68549 |
|---|---|
| Membership Type: | State chartered natural person |
| Corporate Credit Union: | No |
| Year Opened: | 1936 |
| Last Audited: | Dec 01, 2021 |
| FHLB Member: | Yes |
| Low Income Designation: | No |
| Assets: | $38,986,092 |
| CEO/Manager: | Ana Ordonez |
| Chairperson: | Dayna Marks |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 294,279 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 10,310,432 |
| Unsecured Loans | 1,146,237 |
| Other Loans | 8,675,320 |
| TOTAL LOANS | 20,131,989 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -137,861 |
| Land And Building | 662,544 |
| Other Fixed Assets | 34,034 |
| NCUSIF Deposit | 318,303 |
| All Other Assets | 0 |
| TOTAL ASSETS | 38,986,092 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 647,596 |
| Accounts Payable & Other Liabilities | 120,078 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 8,088,255 |
| Regular shares | 12,584,046 |
| All Other Shares & Deposits | 13,181,715 |
| TOTAL SHARES & DEPOSITS | 33,854,016 |
| TOTAL LIABILITIES | 34,621,690 |
| Regular Reserve | 0 |
| Other Reserves | -1,116,851 |
| Undivided Earnings | 5,481,253 |
| TOTAL EQUITY | 4,364,402 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 38,986,092 |
| INCOME & EXPENSE | |
| Loan Income | 620,536 |
| Investment Income | 179,983 |
| Other Income | 130,298 |
| Total Employee Compensation & Benefits | 405,103 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 440,422 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 46,279 |
| Cost of Funds | 46,761 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 26,534 |
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