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DIXIE LINE CREDIT UNION

Dec, 31, 2023 — DIXIE LINE CREDIT UNION is a federally insured state chartered credit union headquartered in NASHVILLE, TN with 1 branch location and about $11.59 million in total assets. Opened 92 years ago in 1932, DIXIE LINE CREDIT UNION has about 901 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:DIXIE LINE CREDIT UNION
Address:
(Main Office)
567 Veritas St
NASHVILLE, TN 37211
Phone:(615) 331-5121
Fax:(615) 833-9304
Website:https://www.dixieline.org
Branches:1 branch locations
Members:901
Credit Union Type:Federally Insured State Chartered Credit Union
Charter Number:67937
Membership Type:State chartered natural person
Corporate Credit Union:No
Year Opened:1932
Last Audited:Oct 01, 2023
FHLB Member:No
Low Income Designation:No
Assets:$11,587,106
CEO/Manager:Melissia J Riddle
Chairperson:Travis Shelton

Call Report

  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 931,525
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 0
 Unsecured Loans 1,139,223
 Other Loans 6,549,162
 TOTAL LOANS 7,688,385
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -77,876
 Land And Building 32,476
 Other Fixed Assets 20,477
 NCUSIF Deposit 99,148
 All Other Assets 14,835
  TOTAL ASSETS 11,587,106
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 24,308
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 852,039
 Regular shares 3,388,010
 All Other Shares & Deposits 4,950,240
  TOTAL SHARES & DEPOSITS 9,190,289
  TOTAL LIABILITIES 9,214,597
 Regular Reserve 0
 Other Reserves 0
 Undivided Earnings 2,372,509
  TOTAL EQUITY 2,372,509
  TOTAL LIABILITIES, SHARES, & EQUITY 11,587,106
INCOME & EXPENSE  
 Loan Income 537,608
 Investment Income 158,815
 Other Income 47,714
 Total Employee Compensation & Benefits 227,129
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 206,701
 Non-operating Income & (Expense) 140
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 2,502
 Cost of Funds 145,877
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 173,276
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