Question 1

What is M.A.B.C. Credit Union of Philadelphia?

Accepted Answer

M.A.B.C. Credit Union of Philadelphia is a small, community-focused federal credit union serving members in Philadelphia, Pennsylvania. With approximately 132 members and $159,640 in total assets as of Q3 2025, this credit union operates as a low-income designated institution under the supervision of the National Credit Union Administration (NCUA).

The credit union is affiliated with Mount Airy Baptist Church and maintains its operations at the same address, reflecting its faith-based community roots. M.A.B.C. stands as an example of the credit union philosophy of "people helping people" in underserved communities.

Question 2

When was M.A.B.C. Credit Union of Philadelphia founded?

Accepted Answer

M.A.B.C. Credit Union of Philadelphia operates under NCUA Charter Number 24266. The specific founding date is not publicly available, but the credit union has been serving its community as a federally chartered institution for multiple decades.

The credit union was established to provide financial services to members of Mount Airy Baptist Church and their families, creating a cooperative financial institution that serves the specific needs of its faith-based community.

Question 3

Where is M.A.B.C. Credit Union of Philadelphia headquartered?

Accepted Answer

M.A.B.C. Credit Union of Philadelphia is headquartered at 2012 69th Avenue in Philadelphia, Pennsylvania, with ZIP code 19138. The credit union shares its location with Mount Airy Baptist Church, reinforcing the close connection between the financial institution and the religious community it serves.

The Philadelphia location places the credit union in NCUA Region 1, which covers the northeastern United States.

Question 4

Where does M.A.B.C. Credit Union of Philadelphia operate?

Accepted Answer

M.A.B.C. Credit Union of Philadelphia primarily serves the Philadelphia, Pennsylvania area. As a church-based credit union, membership is typically limited to members of Mount Airy Baptist Church, their immediate family members, and those within the same household or economic unit.

The credit union's low-income designation indicates that more than 50 percent of its members have family incomes at 80 percent or less of the median family income for the Philadelphia metropolitan area. This designation reflects the credit union's mission to serve underserved communities in the region.

Question 5

What services does M.A.B.C. Credit Union of Philadelphia offer?

Accepted Answer

M.A.B.C. Credit Union of Philadelphia offers traditional credit union services focused on meeting the basic financial needs of its members. Services include share accounts (savings), consumer loans, and other fundamental banking products.

With total loans of approximately $26,941 and total deposits of $123,846 as of Q3 2025, the credit union maintains a loan-to-share ratio of approximately 21.75 percent, indicating a conservative lending approach. The credit union does not maintain a website, with members conducting business directly at the branch location or by phone at (215) 549-2411.

Question 6

What makes M.A.B.C. Credit Union of Philadelphia unique?

Accepted Answer

M.A.B.C. Credit Union of Philadelphia's most distinctive feature is its low-income designation, which provides important benefits that help the credit union better serve its community. This designation allows the credit union to access grants and low-interest loans from the NCUA's Community Development Revolving Loan Fund, accept non-member deposits from any source, and operate without the statutory cap on member business lending.

The credit union demonstrates exceptional financial strength with a net worth ratio of 22.42 percent, well above regulatory requirements. Despite its small size, the credit union maintains a return on average assets of 1.90 percent, indicating efficient operations.

The faith-based nature of the credit union, with its direct connection to Mount Airy Baptist Church, creates a strong sense of community and shared purpose among members. This relationship fosters trust and personalized service in a close-knit environment.

Question 7

What type of financial institution is M.A.B.C. Credit Union of Philadelphia?

Accepted Answer

M.A.B.C. Credit Union of Philadelphia is a federally chartered credit union (FCU), regulated and supervised by the National Credit Union Administration. As a federal credit union, all member deposits are insured by the National Credit Union Share Insurance Fund (NCUSIF) for up to $250,000 per account.

The credit union operates as a not-for-profit financial cooperative owned by its members. Unlike banks that serve shareholders, credit unions return earnings to members through competitive rates, lower fees, and enhanced services.

Membership requirements are based on the common bond established through affiliation with Mount Airy Baptist Church. Immediate family members of current members, including spouses, children, siblings, parents, grandparents, grandchildren, stepparents, stepchildren, step-siblings, and those in adoptive relationships, are also eligible for membership.

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About M.A.B.C. Credit Union of Philadelphia in the United States

M.A.B.C. Credit Union of Philad­elphia