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 |
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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 |
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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 |
ASSETS: | $ Amount |
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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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