Dec, 31, 2023 — TVH FEDERAL CREDIT UNION is a federal credit union headquartered in TUSKEGEE, AL with 1 branch location and about $4.94 million in total assets. Opened 75 years ago in 1949, TVH FEDERAL CREDIT UNION has about 697 members and employs 4 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | TVH FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 2400 Hospital Rd Bldg 90 TUSKEGEE, AL 36083-5001 |
| Phone: | (334) 727-4176 |
| Fax: | (334) 727-4129 |
| Website: | https://tvhfcu.org |
| Branches: | 1 branch locations |
| Members: | 697 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 6311 |
|---|---|
| Membership Type: | Service - Health Care |
| Corporate Credit Union: | No |
| Year Opened: | 1949 |
| Last Audited: | Oct 01, 2023 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $4,939,459 |
| CEO/Manager: | Sherrie L Knight |
| Chairperson: | Rhoda M Tyson |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 561,838 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 0 |
| Unsecured Loans | 933,447 |
| Other Loans | 2,215,587 |
| TOTAL LOANS | 3,149,034 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -79,165 |
| Land And Building | 0 |
| Other Fixed Assets | 14,869 |
| NCUSIF Deposit | 36,515 |
| All Other Assets | 0 |
| TOTAL ASSETS | 4,939,459 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | -160,047 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 0 |
| Regular shares | 3,876,627 |
| All Other Shares & Deposits | 14,197 |
| TOTAL SHARES & DEPOSITS | 3,890,824 |
| TOTAL LIABILITIES | 3,730,777 |
| Regular Reserve | 0 |
| Other Reserves | 0 |
| Undivided Earnings | 1,208,682 |
| TOTAL EQUITY | 1,208,682 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 4,939,459 |
| INCOME & EXPENSE | |
| Loan Income | 279,789 |
| Investment Income | 39,633 |
| Other Income | 27,533 |
| Total Employee Compensation & Benefits | 150,426 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 125,675 |
| Non-operating Income & (Expense) | -6 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 79,595 |
| Cost of Funds | 7,524 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | -7,980 |
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