Dec, 31, 2023 — SUWANNEE RIVER FEDERAL CREDIT UNION is a federal credit union headquartered in LIVE OAK, FL with 2 branch locations and about $27.55 million in total assets. Opened 88 years ago in 1936, SUWANNEE RIVER FEDERAL CREDIT UNION has about 2,450 members and employs 8 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
Name: | SUWANNEE RIVER FEDERAL CREDIT UNION |
---|---|
Address: (Main Office) | 203 Pinewood Way SW LIVE OAK, FL 32064 |
Phone: | (386) 362-2225 |
Fax: | (386) 362-1180 |
Website: | https://www.suwanneeriverfcu.com |
Branches: | 2 branch locations |
Members: | 2,450 |
Credit Union Type: | Federal Credit Union |
Charter Number: | 1086 |
---|---|
Membership Type: | Multiple common bond - Primarily educational |
Corporate Credit Union: | No |
Year Opened: | 1936 |
Last Audited: | Jun 01, 2023 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $27,549,003 |
CEO/Manager: | Amy Cundiff |
Chairperson: | Windal Boise |
ASSETS: | $ Amount |
---|---|
Cash & Equivalents | 1,259,897 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 0 |
Real Estate Loans | 3,126,959 |
Unsecured Loans | 1,680,235 |
Other Loans | 10,553,382 |
TOTAL LOANS | 15,360,576 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -68,959 |
Land And Building | 108,455 |
Other Fixed Assets | 8,521 |
NCUSIF Deposit | 249,928 |
All Other Assets | 0 |
TOTAL ASSETS | 27,549,003 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 128 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 421,259 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 6,319,549 |
Regular shares | 16,921,940 |
All Other Shares & Deposits | 1,407,972 |
TOTAL SHARES & DEPOSITS | 24,649,461 |
TOTAL LIABILITIES | 25,070,848 |
Regular Reserve | 0 |
Other Reserves | 224,322 |
Undivided Earnings | 2,253,833 |
TOTAL EQUITY | 2,478,155 |
TOTAL LIABILITIES, SHARES, & EQUITY | 27,549,003 |
INCOME & EXPENSE | |
Loan Income | 624,043 |
Investment Income | 344,527 |
Other Income | 84,449 |
Total Employee Compensation & Benefits | 441,380 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 446,274 |
Non-operating Income & (Expense) | 0 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 34,386 |
Cost of Funds | 4,305 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | 204,844 |
↑ Back to Top |