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MVP POSTAL AND PRINTING FEDERAL CREDIT UNION

Mar, 31, 2021 — MVP POSTAL AND PRINTING FEDERAL CREDIT UNION is a federal credit union headquartered in GAITHERSBURG, MD with 1 branch location and about $3.77 million in total assets. Opened 69 years ago in 1952, MVP POSTAL AND PRINTING FEDERAL CREDIT UNION has about 731 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


ABA Routing Number: 255078052
Name:MVP POSTAL AND PRINTING FEDERAL CREDIT UNION
Address:
(Main Office)
16501 SHADY GROVE RD
GAITHERSBURG, MD 20898
Phone:(301) 519-9780
Fax:(301) 519-9843
Website:http://www.mvpfcu.org
Branches:1 branch locations
Members:731
Credit Union Type:Federal Credit Union
Charter Number:8001
Membership Type:Multiple common bond - Primarily federal, state, local government
Corporate Credit Union:No
Year Opened:1952
Last Audited:Dec 01, 2020
FHLB Member:No
Low Income Designation:No
Assets:$3,772,100
CEO/Manager:Michael Flanigan
Chairperson:Sandra Tibbs

Call Report

  • Risk Based Loans
  • ATM/Debit Card Program

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 198,317
TOTAL INVESTMENTS 1,472,299
Loans Held for Sale 0
 
 Real Estate Loans 0
 Unsecured Loans 288,072
 Other Loans 1,771,812
 TOTAL LOANS 2,059,884
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -11,367
 Land And Building 0
 Other Fixed Assets 0
 NCUSIF Deposit 32,398
 All Other Assets 20,569
  TOTAL ASSETS 3,772,100
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities -43,882
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 72,852
 Regular shares 1,697,759
 All Other Shares & Deposits 1,544,289
  TOTAL SHARES & DEPOSITS 3,314,900
  TOTAL LIABILITIES 3,271,018
 Regular Reserve 47,627
 Other Reserves 0
 Undivided Earnings 453,455
  TOTAL EQUITY 501,082
  TOTAL LIABILITIES, SHARES, & EQUITY 3,772,100
INCOME & EXPENSE  
 Loan Income 32,477
 Investment Income 2,879
 Other Income 973
 Total Employee Compensation & Benefits 0
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 49,217
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 0
 Cost of Funds 1,151
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) -12,837
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