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COLQUITT COUNTY TEACHER FEDERAL CREDIT UNION

Dec, 31, 2023 — COLQUITT COUNTY TEACHER FEDERAL CREDIT UNION is a federal credit union headquartered in MOULTRIE, GA with 1 branch location and about $9.51 million in total assets. Opened 67 years ago in 1957, COLQUITT COUNTY TEACHER FEDERAL CREDIT UNION has about 1,835 members and employs 4 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:COLQUITT COUNTY TEACHER FEDERAL CREDIT UNION
Address:
(Main Office)
1800 Park Ave SE
MOULTRIE, GA 31768-5134
Phone:(229) 890-6214
Fax:(229) 985-4158
Website:n/a
Branches:1 branch locations
Members:1,835
Credit Union Type:Federal Credit Union
Charter Number:11996
Membership Type:Multiple common bond - Primarily educational
Corporate Credit Union:No
Year Opened:1957
Last Audited:Sep 01, 2022
FHLB Member:No
Low Income Designation:No
Assets:$9,512,972
CEO/Manager:Sally Yarbrough
Chairperson:Marlon Keith Adams

Call Report

  • Payday Alternative Loans (PAL Loans)

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 184,129
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 0
 Unsecured Loans 846,406
 Other Loans 6,322,858
 TOTAL LOANS 7,169,264
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -16,708
 Land And Building 327,518
 Other Fixed Assets 2,806
 NCUSIF Deposit 76,120
 All Other Assets 0
  TOTAL ASSETS 9,512,972
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 11,336
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 0
 Regular shares 2,190,671
 All Other Shares & Deposits 5,322,636
  TOTAL SHARES & DEPOSITS 7,513,308
  TOTAL LIABILITIES 7,524,644
 Regular Reserve 0
 Other Reserves 76,317
 Undivided Earnings 1,912,011
  TOTAL EQUITY 1,988,328
  TOTAL LIABILITIES, SHARES, & EQUITY 9,512,972
INCOME & EXPENSE  
 Loan Income 429,768
 Investment Income 70,641
 Other Income 45,731
 Total Employee Compensation & Benefits 214,171
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 121,383
 Non-operating Income & (Expense) 4,092
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 6,871
 Cost of Funds 67,783
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 141,451
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