Dec, 31, 2023 — F A B CHURCH FEDERAL CREDIT UNION is a federal credit union headquartered in SAVANNAH, GA with 1 branch location and about $407,506 in total assets. Opened 70 years ago in 1954, F A B CHURCH FEDERAL CREDIT UNION has about 258 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | F A B CHURCH FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 23 Montgomery St SAVANNAH, GA 31401 |
| Phone: | (912) 233-8997 |
| Fax: | (912) 417-4867 |
| Website: | n/a |
| Branches: | 1 branch locations |
| Members: | 258 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 9527 |
|---|---|
| Membership Type: | Associational - Religious, other than those designated 'low-income' |
| Corporate Credit Union: | No |
| Year Opened: | 1954 |
| Last Audited: | Dec 01, 2022 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $407,506 |
| CEO/Manager: | Ann Haggray |
| Chairperson: | Deloris M Lovette |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 20,777 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 0 |
| Unsecured Loans | 29,378 |
| Other Loans | 13,422 |
| TOTAL LOANS | 42,800 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -1,662 |
| Land And Building | 0 |
| Other Fixed Assets | 0 |
| NCUSIF Deposit | 2,773 |
| All Other Assets | 0 |
| TOTAL ASSETS | 407,506 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | -5,126 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 0 |
| Regular shares | 277,566 |
| All Other Shares & Deposits | 78,562 |
| TOTAL SHARES & DEPOSITS | 356,128 |
| TOTAL LIABILITIES | 351,002 |
| Regular Reserve | 0 |
| Other Reserves | 2,292 |
| Undivided Earnings | 54,212 |
| TOTAL EQUITY | 56,504 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 407,506 |
| INCOME & EXPENSE | |
| Loan Income | 3,473 |
| Investment Income | 12,413 |
| Other Income | 1,231 |
| Total Employee Compensation & Benefits | 0 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 10,406 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 2,428 |
| Cost of Funds | 670 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 3,613 |
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