MOUNT VERNON BAPTIST CHURCH Credit Union Profile

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MOUNT VERNON BAPTIST CHURCH

Charter #63595 | NCUA Region 2 | FISCU
Low-Income Designation: No
Report Date: 2025

Headquarters Contact & Staff

Contact & Info

Phone: (919) 688-1823

Fax:

Founding Date: N/A

Personnel & Operations

President: McCaskill, Dennis

Manager: Stewart, Paula

FT Employees: 0

PT Employees: 0

Designations & Ratios

MDI Status: No

RBC Ratio: 0%

Membership Type: 99

Branches: 1

Hours: Wednesday 1-4pm EST Thursday 12-4pm EST

Credit Union Profile Summary

MOUNT VERNON BAPTIST CHURCH is a FISCU Credit Union. With a total of 206 members [1], this institution manages approximately $138,701 in total assets [1]. It does not currently hold a Low-Income Designation. Key financial indicators show a solid Net Worth Ratio of 35.32% [1] and a strong Loan-to-Share Ratio, with loan growth over the last four quarters at -40.15% [1].

Financial Snapshot

Total Assets [1]
$138,701

Total economic resources.

Total Loans [1]
$9,914

Total value of outstanding loans.

Total Deposits [1]
$89,274

Total funds deposited by members.

Members [1]
206

Number of active members.

Performance Ratios

Net Worth Ratio [1]
35.32%

This is the credit union's safety cushion; 7.0% is the regulatory minimum. A higher ratio means the credit union is stable.

Return on Assets (ROAA) [1]
-0.48%

Measures profitability. Shows profit generated per dollar of assets. Near 1.0% is considered strong.

Loan-to-Share Ratio [1]
11.11%

Measures lending activity using member deposits. Below 100% is generally healthy, balancing lending and liquidity.

Four-Quarter Growth

Asset Growth (4Q) [1]
2.39%

Indicates change in total size. Positive growth means the credit union is expanding its operations.

Loan Growth (4Q) [1]
-40.15%

Shows change in lending activity. Positive growth means they are actively increasing their lending business.

Member Growth (4Q) [1]
-35.63%

Indicates change in member count. Positive growth is a sign of a healthy, expanding member base.

Headquarters Location & Map

Headquarters Address

1007 S Roxboro St

Durham, NC, 27707

Member Ratings & Reviews

Average Member Rating:

N/A / 5.0

Total Approved Reviews:

0

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Branch Locations

Found 1 branches reported by MOUNT VERNON BAPTIST CHURCH (Charter #63595).

Main Office

MVBC Education Bldg. Main Office

Type: Corporate Office

1007 S Roxboro St

Durham, NC 27707

Phone: (919) 688-1823

Services: Member Services

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