DIXIE CRAFT EMPLOYEES CREDIT UNION is no longer an active credit union according to the NCUA.
Dec, 31, 2023 — DIXIE CRAFT EMPLOYEES CREDIT UNION is a federally insured state chartered credit union headquartered in Goodwater, AL with 1 branch location and about $1.34 million in total assets. Opened 50 years ago in 1974, DIXIE CRAFT EMPLOYEES CREDIT UNION has about 493 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
Name: | DIXIE CRAFT EMPLOYEES CREDIT UNION |
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Address: (Main Office) | P O Box 177 Goodwater, AL 35072 |
Phone: | (256) 839-6354 |
Fax: | (256) 839-5932 |
Website: | n/a |
Branches: | 1 branch locations |
Members: | 493 |
Credit Union Type: | Federally Insured State Chartered Credit Union |
Charter Number: | 62798 |
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Membership Type: | State chartered natural person |
Corporate Credit Union: | No |
Year Opened: | 1974 |
Last Audited: | Jan 01, 2022 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $1,335,966 |
CEO/Manager: | Dinah Thomas |
Chairperson: | Scott Simpson |
ASSETS: | $ Amount |
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Cash & Equivalents | 282,413 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 0 |
Real Estate Loans | 0 |
Unsecured Loans | 147,003 |
Other Loans | 101,732 |
TOTAL LOANS | 248,735 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -13,370 |
Land And Building | 0 |
Other Fixed Assets | 0 |
NCUSIF Deposit | 12,600 |
All Other Assets | 0 |
TOTAL ASSETS | 1,335,966 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 0 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 3,633 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 0 |
Regular shares | 1,159,981 |
All Other Shares & Deposits | 0 |
TOTAL SHARES & DEPOSITS | 1,159,981 |
TOTAL LIABILITIES | 1,163,614 |
Regular Reserve | 0 |
Other Reserves | 34,121 |
Undivided Earnings | 138,231 |
TOTAL EQUITY | 172,352 |
TOTAL LIABILITIES, SHARES, & EQUITY | 1,335,966 |
INCOME & EXPENSE | |
Loan Income | 18,330 |
Investment Income | 2,876 |
Other Income | 13,117 |
Total Employee Compensation & Benefits | 39,951 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 15,437 |
Non-operating Income & (Expense) | 0 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 0 |
Cost of Funds | 961 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | -22,026 |
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