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Credit union call report ยท Lowell, MA

MILLS42 Federal Credit Union Call Report

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MILLS42 Federal Credit Union filed its latest NCUA 5300 call report for the quarter ended June 30, 2026. Below are its 247 filed line items, in the form's order. Dollar amounts are whole dollars as filed.

MILLS42 Federal Credit Union call report filing details
Call report formNCUA 5300
Latest quarter filedQ2 2026 (June 30, 2026)
NCUA charter number12666
Federal Reserve RSSD ID211981

The official copy: search charter number 12666 in NCUA's Research a Credit Union tool, or download every credit union's filing from NCUA's quarterly call report data.

MILLS42 Federal Credit Union call report, Q2 2026

Statement of Financial Condition (30 items)
MILLS42 Federal Credit Union, Statement of Financial Condition, Q2 2026
Line item Account Q2 2026
1a. Coin and Currency AS0004 $328K
1b. Cash Items in Process of Collection AS0005 $4K
1c. Total Cash on Hand 730A $332K
2a. Cash on Deposit in Corporate Credit Unions 730B1 $4.9M
2c. Cash on Deposit in Other Financial Institutions 730B2 $43K
2. Cash on Deposit (total) 730B $5.0M
3. Time Deposits in Banks and Credit Unions AS0007 $5.4M
5. TOTAL CASH AND OTHER DEPOSITS AS0009 $10.7M
12b. Perpetual Contributed Capital 769B $207K
12c. All Other Investments AS0016 $104K
13. TOTAL OTHER INVESTMENTS AS0017 $312K
15a. Number of Total Loans and Leases 025A 1,404
15b. Total Loans and Leases 025B $20.0M
17. ACL on Loans and Leases AS0048 $58K
20. Other Fixed Assets 008 $92K
21. NCUA Share Insurance Capitalization Deposit 794 $254K
22d. Accrued Interest on Loans 009A $66K
22e. Accrued Interest on Investments 009B $34K
22f. All Other Assets 009C $103K
22g. Total Other Assets AS0036 $203K
23. TOTAL ASSETS 010 $31.5M
Accounts Payable and Other Liabilities 825 $209K
Member Shares of All Types 013 $26.2M
Nonmember Deposits 880 $1.3M
Total Shares and Deposits 018 $27.5M
Undivided Earnings 940 $3.7M
Net Income (equity) 602 $70K
Total Net Worth 997 $3.8M
Net Worth Ratio 998 11.91%
TOTAL LIABILITIES, SHARES, AND EQUITY 014 $31.5M
Statement of Income and Expense (23 items)
MILLS42 Federal Credit Union, Statement of Income and Expense, Q2 2026
Line item Account Q2 2026
1. Interest on Loans and Leases 110 $629K
3. Income from Investments 120 $198K
5. TOTAL INTEREST INCOME 115 $827K
6. Dividends on Shares 380 $255K
9. TOTAL INTEREST EXPENSE 350 $255K
10. NET INTEREST INCOME IS0010 $572K
12a. Credit Loss Expense - Loans and Leases IS0011 $4K
12e. Total Credit Loss Expense IS0017 $4K
13. Fee Income 131 $60K
14. Other Operating Income IS0020 $117K
23. TOTAL NON-INTEREST INCOME 117 $177K
24. Employee Compensation and Benefits 210 $265K
25. Travel and Conference 230 $5K
26. Office Occupancy 250 $48K
27. Office Operations 260 $105K
28. Educational and Promotional 270 $42K
29. Loan Servicing 280 $54K
30. Professional and Outside Services 290 $89K
31. Member Insurance 310 $7K
32. Operating Fees 320 $3K
33. Miscellaneous Operating Expense 360 $3K
34. TOTAL NON-INTEREST EXPENSE 671 $621K
35. NET INCOME 661A $124K
Statement pages - all other filed accounts (21 items)

delinquency (21%), credit cards (21%)

MILLS42 Federal Credit Union, Statement pages - all other filed accounts, Q2 2026
Line item Account Q2 2026
Amount of All Deliquent Loans (Including Credit Cards) and Leases as of - 1 month to less than 2 months delinquent 020B $27K
Amount of Delinquent Unsecured Credit Card Loans as of - 1 month to less than 2 months delinquent. 024B $3K
Loans Granted Year-to-Date 031A $136
Amount of Loans Granted Year-to-Date 031B $3.3M
Total Amount of Delinquent Loans & Leases (Two or more months) 041B $123K
Number of current members (not number of accounts) 083 2,956
Number of potential members 084 100,000
Non-Member Deposits 457 $5
Interest Rate of Unsecured Credit Card Loans 521 990.00%
Interest Rate of All Other Unsecured Loans/Lines of Credit 522 1,200.00%
Interest Rate of New Vehicle Loans 523 549.00%
Interest Rate of Used Vehicle Loans 524 549.00%
Total Amount of All Loans Charged Off Year-to-Date 550 $9K
Total Amount of All Year-to-Date Recoveries on Charged-Off Loans 551 $3K
Amount of Regular Shares 657 $8.2M
Amount of Share Drafts 902 $4.6M
IRA/KEOGH Accounts - < 1 Year 906A $588K
Share Certificates - < 1 Year 908A $9.4M
Total Amount of Share Certificates 908C $9.7M
Total Amount of Money Market Shares 911 $3.1M
Number of Used Vehicle Loans 968 284
NCUA data file FS220A (21 items)

loans and leases (25%), income and expense (25%), shares and deposits (19%)

MILLS42 Federal Credit Union, NCUA data file FS220A, Q2 2026
Line item Account Q2 2026
Total Shares - < 1 Year 013A $25.9M
Total Shares - 1-3 Years 013B1 $289K
Total Shares and Deposits - < 1 Year 018A $27.3M
Total Shares and Deposits - 1-3 Years 018B1 $289K
Number of Total Delinquent Loans & Leases (Two or more months) 041A 3
Effective date of last audit 063 $92K
Amount of Used Vehicle Loans 370 $3.9M
Amount of New Vehicle Loans 385 $747K
Amount of Unsecured Credit Card Loans 396 $757K
Amount of All Other Unsecured Loans/Lines of Credit 397 $826K
Share Certificates 451 $204
Number of Accounts for Share Drafts 452 1,642
IRA/KEOGH Accounts 453 $31
Number of Accounts for Regular Shares 454 3,575
Money Market Shares 458 $64
Number of Accounts for Total Shares and Deposits (Sum of items 15-16) 460 5,521
Number of credit union employees who are Full-Time (26 hours or more) 564A 5
Number of credit union employees who are Part-Time (25 hours or less per week) 564B 3
Dollar amount of loans with interest rates that exceed 15% (For FCUs Only) 567 $104K
Aggregate weighted average interest rate for the loans with interest rates that exceed 15% (For FCUs Only) 568 1,763.70%
Total credit lines 881 $9.7M
NCUA data file FS220B (25 items)

maturity and repricing buckets (40%), credit cards (17%)

MILLS42 Federal Credit Union, NCUA data file FS220B, Q2 2026
Line item Account Q2 2026
Number - Total Delinquent Credit Card Loans 045A 2
Total Amount of Delinquent Unsecured Credit Card Loans 045B $3K
Total Uninsured Member Shares and Deposits > $250K (A+A1+B+C+D+E) 065A4 $1.7M
Total Uninsured Nonmember Shares and Deposits > $250K (G+H+I) 067A2 $100K
Total Uninsured Shares and Deposits > $250K (F+J) 068A $1.8M
Total Insured Shares and Deposits > $250K (item 17 less item K) 069A $25.7M
Effective date of the most recent Supervisory Committee verification of Member's accounts 603 $92K
Amount of Regular Shares - < 1 Year 657A $8.2M
Total Amount of Unsecured Credit Card Loans Charged Off Year-to-Date 680 $5K
Total Amount of Year-to-Date Recoveries on Unsecured Credit Card Loans Charged Off 681 $800
Does you credit union maintain share/deposit insurance coverage other than the NCUSIF? 875 $1
Dollar amount of shares and/or deposits insured by the company named above 877 $1.8M
Non-Member Deposits - < 1 Year 880A $1.3M
Is your credit union a member of a Federal Home Loan Bank? 896 $1
Amount of Share Drafts - < 1 Year 902A $4.6M
Total Amount of IRA/KEOGH Accounts 906C $588K
Share Certificates - 1-3 Years 908B1 $289K
Money Market Shares - < 1 Year 911A $3.1M
Amount of Loans Outstanding to Credit Union Officials and Senior Executive Staff 956 $176K
Number of New Vehicle Loans 958 34
Total Shares 966 $6K
Total of outstanding loan balances subject to bankruptcies identified in items 23a-c. 971 $87K
Number of Unsecured Credit Card Loans 993 653
Number of All Other Unsecured Loans/Lines of Credit 994 247
Number of Loans Outstanding to Credit Union Officials and Senior Executive Staff 995 2
NCUA data file FS220C (5 items)

charge-offs and recoveries (27%), participation loans (18%)

MILLS42 Federal Credit Union, NCUA data file FS220C, Q2 2026
Line item Account Q2 2026
Indicate in the box at the right the number of the description below that best characterizes the last audit performed of your credit union's records 064 $1
Number of credit union branches (include the main office if member services are conducted at that location) 566 2
Supplemental Share Information - Dollar Amount of Share Certificates = or > $100,000 638 $7.1M
Supplemental Share Information - Dollar Amount of IRA/Keogh Accounts = or > $100,000 639 $443K
Outstanding balance of brokered certificates of deposit and share certificates 788 $3.1M
NCUA data file FS220D (29 items)

member services and products offered (69%), CUSO relationships (27%)

MILLS42 Federal Credit Union, NCUA data file FS220D, Q2 2026
Line item Account Q2 2026
No Cost Share Drafts 879A4 $1
Share Certificates with Low Minimum Balance Requirements 879A5 $1
Financial Counseling 879B1 $1
Financial Education 879B2 $1
First Time Homebuyer Program 879B4 $1
Credit Management and Repair 879B6 $1
Bilingual Services 879C1 $1
No Cost Bill Payer 879C2 $1
No Cost Tax Prep. Services 879C3 $1
Credit Builder 879D1 $1
Deposits and Shares Meeting 703.10(a) 879M $1
Brokered Certificates of Deposits 879N $1
Brokered Deposits (All deposits acquired through a third party) 879T $1
Low-cost wire transfers 879W $1
Member Application 887A $1
Loan Application 887B $1
New Share Account 887E $1
Loan Payments 887F $1
Bill Payment 887J $1
Electronic Signature Authentication/Certification 887P $1
e-Statements 887R $1
Remote Deposit Capture 887U $1
MobilePmts 887V $1
Informational Website PI0007 $1
Mobile Application PI0008 $1
Online Banking PI0009 $1
Person-to-Person PI0011 $1
Offer Custodial Accounts PP0032 $1
Does the CU offer an ATM Network that is surcharge free? PP0034 $1
NCUA data file FS220G (4 items)

loans and leases (32%), participation loans (18%)

MILLS42 Federal Credit Union, NCUA data file FS220G, Q2 2026
Line item Account Q2 2026
Total Value of Investments in CUSOs 851 $25K
Total Aggregate Cash Outlay in CUSOs 853 $25K
Assets Pledged to Secure Borrowings 878 $9.0M
Total Credit Lines at Corporate Credit Unions 884 $3.0M
NCUA data file FS220H (3 items)

student loans (43%), delinquency (27%)

MILLS42 Federal Credit Union, NCUA data file FS220H, Q2 2026
Line item Account Q2 2026
Total Unfunded Commitments for all loan types 816A $7.6M
Total number of TDR loans outstanding 1000F $2
Total amount of TDR loans outstanding 1001F $9K
NCUA data file FS220I (3 items)

vehicle lending (59%), delinquency (44%)

MILLS42 Federal Credit Union, NCUA data file FS220I, Q2 2026
Line item Account Q2 2026
Amount of Used Vehicle Loans Delinquent 30 to 59 days 020C2 $24K
Amount of Used Vehicle Loans YTD Recoveries 551C2 $909
Negative Shares as Included in All Other Unsecured Loans/Lines of Credit 644 $7K
NCUA data file FS220L (8 items)

commercial and business lending (90%), participation loans (36%), real estate lending (18%)

MILLS42 Federal Credit Union, NCUA data file FS220L, Q2 2026
Line item Account Q2 2026
Total Number of Loans & Leases on Loan Schedule 025A1 $1K
Total Amount of Loans & Leases on Loan Schedule 025B1 $20.0M
Amount of Total Loans/Lines of Credit Secured by Junior Lien 1-4 Family Residential Properties 386A $8.6M
Interest Rate of Total Loans/Lines of Credit Secured by Junior Lien 1-4 Family Residential Properties 562A 675.00%
Interest Rate of Total Loans/Lines of Credit Secured by 1st Lien 1-4 Family Residential Properties 563A 675.00%
Interest Rate of All Other Secured Non-Real Estate Loans/Lines of Credit 595B 675.00%
Amount of All Other Secured Non-Real Estate Loans/Lines of Credit 698C $147K
Amount of Total Loans/Lines of Credit Secured by 1st Lien 1-4 Family Residential Properties 703A $5.0M
NCUA data file FS220M (8 items)

commercial and business lending (89%), real estate lending (26%), participation loans (23%)

MILLS42 Federal Credit Union, NCUA data file FS220M, Q2 2026
Line item Account Q2 2026
Total Unfunded Commitments for Revolving Open-End lines secured by 1-4 Family Residential Properties (Non-Commercial) 811D $5.5M
Total Unfunded Commitments for Credit Card Lines (Non-Commercial) 812C $1.7M
Total Unfunded Commitments for Unsecured Share Draft Lines of Credit (Non-Commercial) 815C $50K
Total Unfunded Commitments for Non-Commercial Loans 816T $7.6M
Total Unfunded Commitments for Overdraft Protection Program Commitments (Non-Commercial) 822C $300K
Number of Total Loans/Lines of Credit Secured by 1st Lien 1-4 Family Residential Properties 959A 40
Number of Total Loans/Lines of Credit Secured by Junior Lien 1-4 Family Residential Properties 960A 129
Number of All Other Secured Non-Real Estate Loans/Lines of Credit 963C 17
NCUA data file FS220N (2 items)

investment portfolio detail (53%), maturity and repricing buckets (31%), CECL allowances (30%)

MILLS42 Federal Credit Union, NCUA data file FS220N, Q2 2026
Line item Account Q2 2026
Total Liabilities LI0069 $27.8M
Total Assets excluding SBA PPP loans pledged as collateral to the FRB PPP Liquidity Facility NW0010 $31.5M
NCUA data file FS220P (7 items)

commercial and business lending (52%), delinquency (49%), real estate lending (23%)

MILLS42 Federal Credit Union, NCUA data file FS220P, Q2 2026
Line item Account Q2 2026
Loan Loss Information - YTD Charge Offs - All Other Unsecured Loans/Lines of Credit CH0007 $5K
Loan Loss Information - YTD Recoveries - All Other Unsecured Loans/Lines of Credit CH0008 $1K
Unsecured Credit Card Loans DL0002 $3K
Delinquent Loans by Collateral Type - 60 - 89 days - 1-4 Family Residential Property Loans/Lines of Credit Secured by Junior Lien DL0065 $120K
Delinquent Loans by Collateral Type - Total Amount of Reportable Delinquent Loans - 1-4 Family Residential Property Loans/Lines of Credit Secured by Junior Lien DL0069 $120K
Delinquent Loans by Collateral Type - Total Number of Reportable Delinquent Loans - 1-4 Family Residential Property Loans/Lines of Credit Secured by Junior Lien DL0070 $1
Delinquent Loans by Collateral Type - 60-89 days - Total Delinquent Loans and Leases DL0141 $123K
NCUA data file FS220Q (19 items)

investment portfolio detail (69%)

MILLS42 Federal Credit Union, NCUA data file FS220Q, Q2 2026
Line item Account Q2 2026
Borrowing Arrangements - Assets Pledged to Secure All Outstanding Borrowings - Corporate Credit Unions LQ0035 $2.2M
Borrowing Arrangements - Line of Credit Limit - Federal Home Loan Bank LQ0040 $6.7M
Borrowing Arrangements - Assets Pledged to Secure All Outstanding Borrowings - Federal Home Loan Bank LQ0043 $6.7M
Investment Maturity Distribution - Time Deposits - <=1 Year NV0111 $1.7M
Investment Maturity Distribution - Time Deposits - >1-3 Years NV0112 $1.7M
Investment Maturity Distribution - Time Deposits - >3-5 Years NV0113 $1.9M
Investment Maturity Distribution - Time Deposits - Total NV0116 $5.4M
Investment Maturity Distribution - Investments in Natural Person Credit Unions - <=1 Year NV0141 $312K
Investment Maturity Distribution - Investments in Natural Person Credit Unions - Total NV0146 $312K
Investment Maturity Distribution - Total Investment Securities - <=1 Year NV0153 $2.0M
Investment Maturity Distribution - Total Investment Securities - >1-3 Years NV0154 $1.7M
Investment Maturity Distribution - Total Investment Securities - >3 - 5 Years NV0155 $1.9M
Total Investment Securities (Sum of Accounts AS0007, AS0013, and AS0017 from page 1) NV0158 $5.7M
RBC Total Equity RB0001 $3.8M
RBC Allowance for Credit Losses RB0002 $58K
RBC Total Additions RB0005 $58K
RBC Total Deductions RB0009 $254K
RBC Total Risk-Based Capital Numerator Before Mortgage Servicing Assets Deduction RB0010 $3.6M
RBC Risk-Based Capital Numerator RB0012 $3.6M
NCUA data file FS220R (39 items)

risk-based capital and leverage ratio (68%), real estate lending (28%)

MILLS42 Federal Credit Union, NCUA data file FS220R, Q2 2026
Line item Account Q2 2026
RBC Schedule Total Investments RB0039 $312K
RBC Schedule Total Consumer Loans RB0060 $6.4M
RBC Total for Risk Weighting Allowance for Credit Losses (Loans) RB0077 $58K
RBC Allowance for Credit Losses (Loans) 0% Weight RB0078 $58K
RBC Schedule Total Loans RB0079 $20.0M
RBC Total for Risk Weighting Total Loans RB0081 -$58K
RBC Total Loans 0% Weight RB0082 -$58K
RBC Schedule Total Other Assets RB0088 $549K
RBC Total for Risk Weighting Other Assets RB0090 $254K
RBC Other Assets 0% Weight RB0091 $254K
RBC Total from Schedule On-Balance Sheet Assets RB0099 $31.5M
RBC Total Adjustments to Schedule On-Balance Sheet Assets RB0100 $196K
RBC Total Risk Weighted On-Balance Sheet Assets 0% Weight RB0101 $196K
RBC Total On-Balance Sheet Assets and Off-Balance Sheet Credit Equivalent Amounts RB0170 $31.5M
RBC Allowance for Credit Losses (Loans) RB0177 $58K
1- to 4-Family Residential Property Loans/lines of Credit Secured by 1st Lien - Number of Loans Outstanding - Fixed Rate > 15 Years RL0001 20.00%
1- to 4-Family Residential Property Loans/lines of Credit Secured by 1st Lien - Amount of Loans Outstanding - Fixed Rate > 15 Years RL0002 3,274,342.00%
1- to 4-Family Residential Property Loans/lines of Credit Secured by 1st Lien - Amount Granted YTD - Fixed Rate > 15 Years RL0003 200,000.00%
1- to 4-Family Residential Property Loans/lines of Credit Secured by 1st Lien - Number of Loans Outstanding - Fixed Rate 15 Years or Less RL0004 13.00%
1- to 4-Family Residential Property Loans/lines of Credit Secured by 1st Lien - Amount of Loans Outstanding - Fixed Rate 15 Years or Less RL0005 897,006.00%
1- to 4-Family Residential Property Loans/lines of Credit Secured by 1st Lien - Number of Loans Outstanding - Adjustable Rate RL0013 7.00%
1- to 4-Family Residential Property Loans/lines of Credit Secured by 1st Lien - Amount of Loans Outstanding - Adjustable Rate RL0014 856,383.00%
1- to 4-Family Residential Property Loans/lines of Credit Secured by 1st Lien - Amount of Loans Outstanding - Total RL0016 $5.0M
1- to 4-Family Residential Property Loans/lines of Credit Secured by 1st Lien - Amount Granted YTD - Total RL0017 $200K
1- to 4-Family Residential Property Loans/lines of Credit Secured by Junior Lien - Number of Loans Outstanding - Closed-end - Fixed Rate RL0018 49.00%
1- to 4-Family Residential Property Loans/lines of Credit Secured by Junior Lien - Amount of Loans Outstanding - Closed-end - Fixed Rate RL0019 3,116,771.00%
1- to 4-Family Residential Property Loans/lines of Credit Secured by Junior Lien - Amount Granted YTD - Closed-end - Fixed Rate RL0020 173,000.00%
1- to 4-Family Residential Property Loans/lines of Credit Secured by Junior Lien - Number of Loans Outstanding - Open-end - Adjustable Rate RL0027 80.00%
1- to 4-Family Residential Property Loans/lines of Credit Secured by Junior Lien - Amount of Loans Outstanding - Open-end - Adjustable Rate RL0028 5,500,611.00%
1- to 4-Family Residential Property Loans/lines of Credit Secured by Junior Lien - Amount Granted YTD - Open-end - Adjustable Rate RL0029 1,417,000.00%
1- to 4-Family Residential Property Loans/lines of Credit Secured by Junior Lien - Amount of Loans Outstanding - Total RL0030 $8.6M
1- to 4-Family Residential Property Loans/lines of Credit Secured by Junior Lien - Amount Granted YTD - Total RL0031 $1.6M
Total 1- to 4-Family Residential Property and All Other Consumer Real Estate Loans/Lines of Credit - Number of Loans Outstanding RL0046 $169
Total 1- to 4-Family Residential Property and All Other Consumer Real Estate Loans/Lines of Credit - Amount of Loans Outstanding RL0047 $13.6M
Total 1- to 4-Family Residential Property and All Other Consumer Real Estate Loans/Lines of Credit - Amount Granted YTD RL0048 $1.8M
Real Estate Loans reported in Account RL0047 that contractually refinance, reprice or mature within the next 5 years RL0050 $6.9M
Total Shares SH0013 $26.2M
Total Shares and Deposits SH0018 $27.5M
Total Non-Member Deposits SH0880 $1.3M

MILLS42 Federal Credit Union call reports on file

  • Q2 2026 call report (quarter ended June 30, 2026)
  • Q1 2026 call report (quarter ended March 31, 2026)
  • Q4 2025 call report (quarter ended December 31, 2025)
  • Q3 2025 call report (quarter ended September 30, 2025)
  • Q2 2025 call report (quarter ended June 30, 2025)
  • Q1 2025 call report (quarter ended March 31, 2025)

Where can I find the MILLS42 Federal Credit Union call report?

The MILLS42 Federal Credit Union call report for the quarter ended June 30, 2026 is on this page, line by line in the order of the NCUA 5300. NCUA publishes every federally insured credit union's call report in its quarterly call report data and in its Research a Credit Union tool. Call reports are public: anyone can read them without an account.

What call report does MILLS42 Federal Credit Union file?

MILLS42 Federal Credit Union files the NCUA Form 5300, the call report every federally insured credit union files with the National Credit Union Administration. Its figures are in whole dollars, not thousands.

What is the MILLS42 Federal Credit Union call report number?

A call report has no number of its own. It is filed and looked up by the credit union's NCUA charter number, which for MILLS42 Federal Credit Union is 12666.

How often does MILLS42 Federal Credit Union file a call report?

Every quarter, as of March 31, June 30, September 30 and December 31.

MILLS42 Federal Credit Union financials and ratios →

New to the 5300? What the NCUA 5300 call report is.