Dec, 31, 2023 — FIRST COAST COMMUNITY CREDIT UNION is a federally insured state chartered credit union headquartered in PALATKA, FL with 3 branch locations and about $150.51 million in total assets. Opened 76 years ago in 1948, FIRST COAST COMMUNITY CREDIT UNION has about 12,117 members and employs 33 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
Name: | FIRST COAST COMMUNITY CREDIT UNION |
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Address: (Main Office) | 306 S Palm Ave PALATKA, FL 32177 |
Phone: | (386) 328-5555 |
Fax: | (386) 325-1275 |
Website: | https://www.firstcoastccu.com |
Branches: | 3 branch locations |
Members: | 12,117 |
Credit Union Type: | Federally Insured State Chartered Credit Union |
Charter Number: | 68524 |
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Membership Type: | State chartered natural person |
Corporate Credit Union: | No |
Year Opened: | 1948 |
Last Audited: | Mar 01, 2023 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $150,510,570 |
CEO/Manager: | Gretchen Lunsford |
Chairperson: | James Norwood |
ASSETS: | $ Amount |
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Cash & Equivalents | 9,142,712 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 0 |
Real Estate Loans | 6,003,193 |
Unsecured Loans | 5,845,278 |
Other Loans | 32,347,240 |
TOTAL LOANS | 49,932,524 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -394,410 |
Land And Building | 2,307,949 |
Other Fixed Assets | 108,490 |
NCUSIF Deposit | 1,323,555 |
All Other Assets | 0 |
TOTAL ASSETS | 150,510,570 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 0 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 2,275,093 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 29,310,016 |
Regular shares | 80,727,950 |
All Other Shares & Deposits | 20,937,278 |
TOTAL SHARES & DEPOSITS | 130,975,244 |
TOTAL LIABILITIES | 133,250,337 |
Regular Reserve | 0 |
Other Reserves | 959,019 |
Undivided Earnings | 16,301,214 |
TOTAL EQUITY | 17,260,233 |
TOTAL LIABILITIES, SHARES, & EQUITY | 150,510,570 |
INCOME & EXPENSE | |
Loan Income | 2,964,617 |
Investment Income | 2,201,294 |
Other Income | 1,313,563 |
Total Employee Compensation & Benefits | 2,325,405 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 2,259,504 |
Non-operating Income & (Expense) | 0 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 107,081 |
Cost of Funds | 392,921 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | 1,484,383 |
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