Dec, 31, 2023 — M.P.D. COMMUNITY CREDIT UNION is a federally insured state chartered credit union headquartered in NASHVILLE, TN with 1 branch location and about $36.04 million in total assets. Opened 58 years ago in 1966, M.P.D. COMMUNITY CREDIT UNION has about 2,967 members and employs 11 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
Name: | M.P.D. COMMUNITY CREDIT UNION |
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Address: (Main Office) | 2711 OLD LEBANON PIKE NASHVILLE, TN 37214 |
Phone: | (615) 782-7220 |
Fax: | (615) 782-7209 |
Website: | https://www.mpdcu.org |
Branches: | 1 branch locations |
Members: | 2,967 |
Credit Union Type: | Federally Insured State Chartered Credit Union |
Charter Number: | 67979 |
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Membership Type: | State chartered natural person |
Corporate Credit Union: | No |
Year Opened: | 1966 |
Last Audited: | May 01, 2023 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $36,041,146 |
CEO/Manager: | Stephanie D Mason |
Chairperson: | Troy E Gossett |
ASSETS: | $ Amount |
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Cash & Equivalents | 1,355,889 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 0 |
Real Estate Loans | 5,959,865 |
Unsecured Loans | 3,553,467 |
Other Loans | 16,072,142 |
TOTAL LOANS | 25,727,785 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -110,292 |
Land And Building | 812,236 |
Other Fixed Assets | 68,097 |
NCUSIF Deposit | 322,886 |
All Other Assets | 0 |
TOTAL ASSETS | 36,041,146 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 0 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 180,609 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 6,231,611 |
Regular shares | 17,371,618 |
All Other Shares & Deposits | 8,537,448 |
TOTAL SHARES & DEPOSITS | 32,140,678 |
TOTAL LIABILITIES | 32,321,287 |
Regular Reserve | 0 |
Other Reserves | 1,286,285 |
Undivided Earnings | 2,433,574 |
TOTAL EQUITY | 3,719,859 |
TOTAL LIABILITIES, SHARES, & EQUITY | 36,041,146 |
INCOME & EXPENSE | |
Loan Income | 1,484,836 |
Investment Income | 189,655 |
Other Income | 132,086 |
Total Employee Compensation & Benefits | 721,021 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 907,966 |
Non-operating Income & (Expense) | 0 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 51,126 |
Cost of Funds | 201,958 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | 451,366 |
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