Dec, 31, 2023 — EMERALD COAST FEDERAL CREDIT UNION is a federal credit union headquartered in PORT ST JOE, FL with 3 branch locations and about $64.29 million in total assets. Opened 85 years ago in 1939, EMERALD COAST FEDERAL CREDIT UNION has about 5,451 members and employs 18 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
Name: | EMERALD COAST FEDERAL CREDIT UNION |
---|---|
Address: (Main Office) | 502 WOODWARD AVE PORT ST JOE, FL 32456-1744 |
Phone: | (850) 227-1156 |
Fax: | (850) 229-8584 |
Website: | https://www.emeraldcoastfcu.com |
Branches: | 3 branch locations |
Members: | 5,451 |
Credit Union Type: | Federal Credit Union |
Charter Number: | 3388 |
---|---|
Membership Type: | Community - Rural District |
Corporate Credit Union: | No |
Year Opened: | 1939 |
Last Audited: | Dec 01, 2022 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $64,293,475 |
CEO/Manager: | APRIL L REDMOND |
Chairperson: | Sue Gannon |
ASSETS: | $ Amount |
---|---|
Cash & Equivalents | 2,581,884 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 0 |
Real Estate Loans | 10,063,905 |
Unsecured Loans | 4,040,392 |
Other Loans | 30,861,776 |
TOTAL LOANS | 44,966,073 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -326,864 |
Land And Building | 1,483,899 |
Other Fixed Assets | 121,387 |
NCUSIF Deposit | 566,320 |
All Other Assets | 149,680 |
TOTAL ASSETS | 64,293,475 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 4,046 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 253,003 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 18,561,406 |
Regular shares | 28,831,857 |
All Other Shares & Deposits | 13,340,518 |
TOTAL SHARES & DEPOSITS | 60,733,781 |
TOTAL LIABILITIES | 60,990,830 |
Regular Reserve | 0 |
Other Reserves | -2,009,693 |
Undivided Earnings | 5,312,338 |
TOTAL EQUITY | 3,302,645 |
TOTAL LIABILITIES, SHARES, & EQUITY | 64,293,475 |
INCOME & EXPENSE | |
Loan Income | 2,359,702 |
Investment Income | 214,949 |
Other Income | 372,469 |
Total Employee Compensation & Benefits | 1,099,646 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 1,383,261 |
Non-operating Income & (Expense) | 82,980 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 131,380 |
Cost of Funds | 204,789 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | 617,162 |
↑ Back to Top |