Dec, 31, 2023 — JEFFERSON COUNTY TEACHERS CREDIT UNION is a federally insured state chartered credit union headquartered in MONTICELLO, FL with 1 branch location and about $13.61 million in total assets. Opened 60 years ago in 1964, JEFFERSON COUNTY TEACHERS CREDIT UNION has about 1,221 members and employs 3 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
Name: | JEFFERSON COUNTY TEACHERS CREDIT UNION |
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Address: (Main Office) | 1500 W Washington St MONTICELLO, FL 32344-1134 |
Phone: | (850) 342-0250 |
Fax: | (850) 342-1230 |
Website: | https://jctcuonline.org |
Branches: | 1 branch locations |
Members: | 1,221 |
Credit Union Type: | Federally Insured State Chartered Credit Union |
Charter Number: | 67341 |
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Membership Type: | State chartered natural person |
Corporate Credit Union: | No |
Year Opened: | 1964 |
Last Audited: | Dec 01, 2022 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $13,605,567 |
CEO/Manager: | Kayla McKown |
Chairperson: | Gladys Roann |
ASSETS: | $ Amount |
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Cash & Equivalents | 686,211 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 0 |
Real Estate Loans | 0 |
Unsecured Loans | 1,133,974 |
Other Loans | 9,054,243 |
TOTAL LOANS | 10,188,217 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -223,820 |
Land And Building | 24,248 |
Other Fixed Assets | 10,815 |
NCUSIF Deposit | 116,616 |
All Other Assets | 0 |
TOTAL ASSETS | 13,605,567 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 15,848 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 0 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 0 |
Regular shares | 5,901,101 |
All Other Shares & Deposits | 5,688,734 |
TOTAL SHARES & DEPOSITS | 11,589,836 |
TOTAL LIABILITIES | 11,644,619 |
Regular Reserve | 0 |
Other Reserves | 182,686 |
Undivided Earnings | 1,778,262 |
TOTAL EQUITY | 1,960,948 |
TOTAL LIABILITIES, SHARES, & EQUITY | 13,605,567 |
INCOME & EXPENSE | |
Loan Income | 649,406 |
Investment Income | 54,373 |
Other Income | 6,118 |
Total Employee Compensation & Benefits | 220,460 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 133,165 |
Non-operating Income & (Expense) | 32,138 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 51,729 |
Cost of Funds | 178,131 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | 158,550 |
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