Dec, 31, 2023 — ALCOA COMMUNITY FEDERAL CREDIT UNION is a federal credit union headquartered in BENTON, AR with 1 branch location and about $65.00 million in total assets. Opened 67 years ago in 1957, ALCOA COMMUNITY FEDERAL CREDIT UNION has about 5,939 members and employs 21 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
Name: | ALCOA COMMUNITY FEDERAL CREDIT UNION |
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Address: (Main Office) | 1125 Military Rd BENTON, AR 72015 |
Phone: | (501) 315-5626 |
Fax: | (501) 315-0459 |
Website: | https://www.alcoacommunityfcu.org |
Branches: | 1 branch locations |
Members: | 5,939 |
Credit Union Type: | Federal Credit Union |
Charter Number: | 11913 |
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Membership Type: | Community credit unions, urban or rural, other than those designated 'low income' |
Corporate Credit Union: | No |
Year Opened: | 1957 |
Last Audited: | Sep 01, 2023 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $65,003,303 |
CEO/Manager: | Steve Brown |
Chairperson: | Frank Torres |
ASSETS: | $ Amount |
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Cash & Equivalents | 1,952,955 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 0 |
Real Estate Loans | 11,260,887 |
Unsecured Loans | 3,402,656 |
Other Loans | 36,563,284 |
TOTAL LOANS | 51,226,827 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -256,069 |
Land And Building | 1,740,887 |
Other Fixed Assets | 341,471 |
NCUSIF Deposit | 559,371 |
All Other Assets | 74,525 |
TOTAL ASSETS | 65,003,303 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 143,267 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 585,520 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 11,720,805 |
Regular shares | 18,982,044 |
All Other Shares & Deposits | 28,484,476 |
TOTAL SHARES & DEPOSITS | 59,187,323 |
TOTAL LIABILITIES | 59,916,110 |
Regular Reserve | 0 |
Other Reserves | 1,076,955 |
Undivided Earnings | 4,010,238 |
TOTAL EQUITY | 5,087,193 |
TOTAL LIABILITIES, SHARES, & EQUITY | 65,003,303 |
INCOME & EXPENSE | |
Loan Income | 2,477,446 |
Investment Income | 228,579 |
Other Income | 367,603 |
Total Employee Compensation & Benefits | 1,238,278 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 1,434,609 |
Non-operating Income & (Expense) | 0 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 18,992 |
Cost of Funds | 709,751 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | -19,665 |
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