Dec, 31, 2023 — FOGCE FEDERAL CREDIT UNION is a federal credit union headquartered in EUTAW, AL with 1 branch location and about $1.57 million in total assets. Opened 49 years ago in 1975, FOGCE FEDERAL CREDIT UNION has about 851 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | FOGCE FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 112 PRAIRIE AVE EUTAW, AL 35462 |
| Phone: | (205) 372-9025 |
| Fax: | (205) 372-3627 |
| Website: | n/a |
| Branches: | 1 branch locations |
| Members: | 851 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 22131 |
|---|---|
| Membership Type: | Community credit unions, urban or rural, other than those designated 'low income' |
| Corporate Credit Union: | No |
| Year Opened: | 1975 |
| Last Audited: | Dec 01, 2022 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $1,573,715 |
| CEO/Manager: | JOYCE M PHAM |
| Chairperson: | Carol P Zippert |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 99,811 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 0 |
| Unsecured Loans | 62,930 |
| Other Loans | 350,902 |
| TOTAL LOANS | 413,832 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -9,382 |
| Land And Building | 24,637 |
| Other Fixed Assets | 8,490 |
| NCUSIF Deposit | 12,004 |
| All Other Assets | 0 |
| TOTAL ASSETS | 1,573,715 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 148 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 50,682 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 0 |
| Regular shares | 1,030,842 |
| All Other Shares & Deposits | 100,000 |
| TOTAL SHARES & DEPOSITS | 1,130,842 |
| TOTAL LIABILITIES | 1,181,672 |
| Regular Reserve | 0 |
| Other Reserves | 74,342 |
| Undivided Earnings | 317,701 |
| TOTAL EQUITY | 392,043 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 1,573,715 |
| INCOME & EXPENSE | |
| Loan Income | 33,222 |
| Investment Income | 45,578 |
| Other Income | 5,115 |
| Total Employee Compensation & Benefits | 63,200 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 45,389 |
| Non-operating Income & (Expense) | 80,091 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 1,972 |
| Cost of Funds | 5,291 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 52,103 |
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