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 |
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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 |
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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 |
ASSETS: | $ Amount |
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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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