Jun, 30, 2024 — METRO NORTH FEDERAL CREDIT UNION is a federal credit union headquartered in JACKSONVILLE, FL with 1 branch location and about $19.88 million in total assets. Opened 70 years ago in 1954, METRO NORTH FEDERAL CREDIT UNION has about 1,359 members and employs 4 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
Name: | METRO NORTH FEDERAL CREDIT UNION |
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Address: (Main Office) | 310 Dundas Dr JACKSONVILLE, FL 32218-5588 |
Phone: | (904) 757-5562 |
Fax: | (904) 757-8761 |
Website: | https://www.metronorthfcu.com |
Branches: | 1 branch locations |
Members: | 1,359 |
Credit Union Type: | Federal Credit Union |
Charter Number: | 9441 |
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Membership Type: | Multiple common bond - Primarily other manufacturing |
Corporate Credit Union: | No |
Year Opened: | 1954 |
Last Audited: | Mar 01, 2022 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $19,879,227 |
CEO/Manager: | Dan Jones |
Chairperson: | Mark Gonyeau |
ASSETS: | $ Amount |
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Cash & Equivalents | 513,610 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 0 |
Real Estate Loans | 5,998,150 |
Unsecured Loans | 414,941 |
Other Loans | 2,875,927 |
TOTAL LOANS | 9,289,018 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -14,265 |
Land And Building | 93,627 |
Other Fixed Assets | 21,000 |
NCUSIF Deposit | 154,932 |
All Other Assets | 0 |
TOTAL ASSETS | 19,879,227 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 0 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 101,241 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 2,617,225 |
Regular shares | 10,301,052 |
All Other Shares & Deposits | 3,671,748 |
TOTAL SHARES & DEPOSITS | 16,590,025 |
TOTAL LIABILITIES | 16,691,266 |
Regular Reserve | 0 |
Other Reserves | 445,572 |
Undivided Earnings | 2,742,389 |
TOTAL EQUITY | 3,187,961 |
TOTAL LIABILITIES, SHARES, & EQUITY | 19,879,227 |
INCOME & EXPENSE | |
Loan Income | 306,176 |
Investment Income | 94,101 |
Other Income | 79,135 |
Total Employee Compensation & Benefits | 196,219 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 205,344 |
Non-operating Income & (Expense) | 0 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 1,500 |
Cost of Funds | 30,495 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | 45,854 |
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