Dec, 31, 2021 — MEDIA CITY CREDIT UNION is a federally insured state chartered credit union headquartered in BURBANK, CA with 1 branch location and about $40.05 million in total assets. Opened 86 years ago in 1936, MEDIA CITY CREDIT UNION has about 2,345 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 |
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Address: (Main Office) | 1020 W Olive Ave BURBANK, CA 91506-2212 |
Phone: | (818) 238-2950 |
Fax: | (818) 238-2979 |
Website: | http://www.mediacitycu.org |
Branches: | 1 branch locations |
Members: | 2,345 |
Credit Union Type: | Federally Insured State Chartered Credit Union |
Charter Number: | 68549 |
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Membership Type: | State chartered natural person |
Corporate Credit Union: | No |
Year Opened: | 1936 |
Last Audited: | Dec 01, 2020 |
FHLB Member: | Yes |
Low Income Designation: | No |
Assets: | $40,049,993 |
CEO/Manager: | Ana Ordonez |
Chairperson: | Dayna Marks |
ASSETS: | $ Amount |
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Cash & Equivalents | 1,271,547 |
TOTAL INVESTMENTS | 20,991,366 |
Loans Held for Sale | 0 |
Real Estate Loans | 9,235,624 |
Unsecured Loans | 1,094,577 |
Other Loans | 6,383,979 |
TOTAL LOANS | 16,714,180 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -113,170 |
Land And Building | 646,908 |
Other Fixed Assets | 36,141 |
NCUSIF Deposit | 304,155 |
All Other Assets | 198,866 |
TOTAL ASSETS | 40,049,993 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 0 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 559,010 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 7,245,601 |
Regular shares | 13,746,478 |
All Other Shares & Deposits | 13,094,761 |
TOTAL SHARES & DEPOSITS | 34,086,840 |
TOTAL LIABILITIES | 34,645,850 |
Regular Reserve | 1,005,020 |
Other Reserves | -50,577 |
Undivided Earnings | 4,449,700 |
TOTAL EQUITY | 5,404,143 |
TOTAL LIABILITIES, SHARES, & EQUITY | 40,049,993 |
INCOME & EXPENSE | |
Loan Income | 836,193 |
Investment Income | 221,887 |
Other Income | 178,844 |
Total Employee Compensation & Benefits | 547,419 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 622,790 |
Non-operating Income & (Expense) | 0 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | -72,822 |
Cost of Funds | 65,937 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | 121,336 |
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