Dec, 31, 2023 — EXCEL FEDERAL CREDIT UNION is a federal credit union headquartered in PEACHTREE CORNERS, GA with 3 branch locations and about $163.71 million in total assets. Opened 72 years ago in 1952, EXCEL FEDERAL CREDIT UNION has about 14,173 members and employs 44 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
Name: | EXCEL FEDERAL CREDIT UNION |
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Address: (Main Office) | 5070 Peachtree Industrial Blvd PEACHTREE CORNERS, GA 30071-1587 |
Phone: | (770) 441-9235 |
Fax: | (770) 582-3877 |
Website: | https://www.excelfcu.org |
Branches: | 3 branch locations |
Members: | 14,173 |
Credit Union Type: | Federal Credit Union |
Charter Number: | 7825 |
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Membership Type: | Community credit unions, urban or rural, other than those designated 'low income' |
Corporate Credit Union: | No |
Year Opened: | 1952 |
Last Audited: | Jun 01, 2023 |
FHLB Member: | Yes |
Low Income Designation: | No |
Assets: | $163,710,328 |
CEO/Manager: | Thomas Hayden |
Chairperson: | Moses Brown |
ASSETS: | $ Amount |
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Cash & Equivalents | 29,579,431 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 189,942 |
Real Estate Loans | 73,419,991 |
Unsecured Loans | 5,321,276 |
Other Loans | 27,157,754 |
TOTAL LOANS | 105,899,021 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -439,883 |
Land And Building | 1,850,561 |
Other Fixed Assets | 265,923 |
NCUSIF Deposit | 1,147,971 |
All Other Assets | 0 |
TOTAL ASSETS | 163,710,328 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 96,623 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 24,306,818 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 27,301,739 |
Regular shares | 38,608,483 |
All Other Shares & Deposits | 54,706,244 |
TOTAL SHARES & DEPOSITS | 120,616,466 |
TOTAL LIABILITIES | 145,019,907 |
Regular Reserve | 0 |
Other Reserves | 2,282,832 |
Undivided Earnings | 16,407,589 |
TOTAL EQUITY | 18,690,421 |
TOTAL LIABILITIES, SHARES, & EQUITY | 163,710,328 |
INCOME & EXPENSE | |
Loan Income | 4,695,842 |
Investment Income | 1,703,503 |
Other Income | 3,453,299 |
Total Employee Compensation & Benefits | 4,027,569 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 4,954,829 |
Non-operating Income & (Expense) | 0 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 180,563 |
Cost of Funds | 1,296,699 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | 1,685,649 |
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