Dec, 31, 2023 — MCDONALD COMMUNITY FEDERAL CREDIT UNION is a federal credit union headquartered in MC DONALD, OH with 1 branch location and about $4.80 million in total assets. Opened 88 years ago in 1936, MCDONALD COMMUNITY FEDERAL CREDIT UNION has about 703 members and employs 3 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
Name: | MCDONALD COMMUNITY FEDERAL CREDIT UNION |
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Address: (Main Office) | 408 Ohio Ave MC DONALD, OH 44437 |
Phone: | (330) 530-5091 |
Fax: | (330) 530-2091 |
Website: | n/a |
Branches: | 1 branch locations |
Members: | 703 |
Credit Union Type: | Federal Credit Union |
Charter Number: | 1599 |
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Membership Type: | Community credit unions, urban or rural, other than those designated 'low income' |
Corporate Credit Union: | No |
Year Opened: | 1936 |
Last Audited: | Jun 01, 2023 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $4,796,312 |
CEO/Manager: | Lisa Postlethwait |
Chairperson: | Lester Walker |
ASSETS: | $ Amount |
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Cash & Equivalents | 784,687 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 0 |
Real Estate Loans | 0 |
Unsecured Loans | 164,447 |
Other Loans | 797,361 |
TOTAL LOANS | 961,808 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -7,519 |
Land And Building | 7,282 |
Other Fixed Assets | 69,654 |
NCUSIF Deposit | 45,861 |
All Other Assets | 0 |
TOTAL ASSETS | 4,796,312 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 0 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 866 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 465,844 |
Regular shares | 3,876,640 |
All Other Shares & Deposits | 0 |
TOTAL SHARES & DEPOSITS | 4,342,484 |
TOTAL LIABILITIES | 4,343,350 |
Regular Reserve | 0 |
Other Reserves | 172,154 |
Undivided Earnings | 280,808 |
TOTAL EQUITY | 452,962 |
TOTAL LIABILITIES, SHARES, & EQUITY | 4,796,312 |
INCOME & EXPENSE | |
Loan Income | 45,876 |
Investment Income | 126,704 |
Other Income | 7,723 |
Total Employee Compensation & Benefits | 110,506 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 67,456 |
Non-operating Income & (Expense) | 0 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 0 |
Cost of Funds | 2,039 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | 302 |
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