Dec, 31, 2023 — CHATTAHOOCHEE FEDERAL CREDIT UNION is a federal credit union headquartered in VALLEY, AL with 1 branch location and about $21.02 million in total assets. Opened 39 years ago in 1985, CHATTAHOOCHEE FEDERAL CREDIT UNION has about 2,887 members and employs 8 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
Name: | CHATTAHOOCHEE FEDERAL CREDIT UNION |
---|---|
Address: (Main Office) | 519 FOB JAMES DR VALLEY, AL 36854-5085 |
Phone: | (334) 756-7027 |
Fax: | (334) 756-7542 |
Website: | https://www.chatt.coop |
Branches: | 1 branch locations |
Members: | 2,887 |
Credit Union Type: | Federal Credit Union |
Charter Number: | 24221 |
---|---|
Membership Type: | Multiple common bond - Primarily other manufacturing |
Corporate Credit Union: | No |
Year Opened: | 1985 |
Last Audited: | Dec 01, 2022 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $21,016,062 |
CEO/Manager: | STACEY B HAND |
Chairperson: | L. TYRONE NEWTON |
ASSETS: | $ Amount |
---|---|
Cash & Equivalents | 656,484 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 0 |
Real Estate Loans | 370,724 |
Unsecured Loans | 1,712,642 |
Other Loans | 9,346,961 |
TOTAL LOANS | 11,430,327 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -133,736 |
Land And Building | 355,749 |
Other Fixed Assets | 34,553 |
NCUSIF Deposit | 195,720 |
All Other Assets | 0 |
TOTAL ASSETS | 21,016,062 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 3,984 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 105,272 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 2,449,825 |
Regular shares | 8,306,655 |
All Other Shares & Deposits | 7,516,840 |
TOTAL SHARES & DEPOSITS | 18,273,320 |
TOTAL LIABILITIES | 18,382,576 |
Regular Reserve | 0 |
Other Reserves | 0 |
Undivided Earnings | 2,633,486 |
TOTAL EQUITY | 2,633,486 |
TOTAL LIABILITIES, SHARES, & EQUITY | 21,016,062 |
INCOME & EXPENSE | |
Loan Income | 618,080 |
Investment Income | 281,324 |
Other Income | 161,958 |
Total Employee Compensation & Benefits | 428,680 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 413,371 |
Non-operating Income & (Expense) | -11 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 0 |
Cost of Funds | 83,926 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | 226,120 |
↑ Back to Top |