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THE MOUNT LEBANON FEDERAL CREDIT UNION

Dec, 31, 2023 — THE MOUNT LEBANON FEDERAL CREDIT UNION is a federal credit union headquartered in BALTIMORE, MD with 1 branch location and about $402,104 in total assets. Opened 54 years ago in 1970, THE MOUNT LEBANON FEDERAL CREDIT UNION has about 208 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:THE MOUNT LEBANON FEDERAL CREDIT UNION
Address:
(Main Office)
2812 REISTERSTOWN RD
BALTIMORE, MD 21215-7903
Phone:(410) 225-0030
Fax:(410) 225-9986
Website:n/a
Branches:1 branch locations
Members:208
Credit Union Type:Federal Credit Union
Charter Number:20038
Membership Type:Associational - Religious, other than those designated 'low-income'
Corporate Credit Union:No
Year Opened:1970
Last Audited:Apr 01, 2022
FHLB Member:No
Low Income Designation:No
Assets:$402,104
CEO/Manager:Barbara A Casey
Chairperson:Julia Mack

Call Report

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 168,498
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 0
 Unsecured Loans 193,320
 Other Loans 42,423
 TOTAL LOANS 235,743
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -23,450
 Land And Building 0
 Other Fixed Assets 5,471
 NCUSIF Deposit 3,581
 All Other Assets 0
  TOTAL ASSETS 402,104
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 7,589
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 0
 Regular shares 280,959
 All Other Shares & Deposits 69,850
  TOTAL SHARES & DEPOSITS 350,809
  TOTAL LIABILITIES 358,398
 Regular Reserve 0
 Other Reserves 0
 Undivided Earnings 43,706
  TOTAL EQUITY 43,706
  TOTAL LIABILITIES, SHARES, & EQUITY 402,104
INCOME & EXPENSE  
 Loan Income 12,113
 Investment Income 26
 Other Income 2,010
 Total Employee Compensation & Benefits 900
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 11,236
 Non-operating Income & (Expense) 437
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 2,000
 Cost of Funds 248
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 244
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