Dec, 31, 2023 — HARRIS EMPLOYEES CREDIT UNION is a federally insured state chartered credit union headquartered in CORDELE, GA with 1 branch location and about $703,075 in total assets. Opened 77 years ago in 1947, HARRIS EMPLOYEES CREDIT UNION has about 181 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
Name: | HARRIS EMPLOYEES CREDIT UNION |
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Address: (Main Office) | 315 W 12th Ave CORDELE, GA 31015-2333 |
Phone: | (229) 273-2500 |
Fax: | |
Website: | n/a |
Branches: | 1 branch locations |
Members: | 181 |
Credit Union Type: | Federally Insured State Chartered Credit Union |
Charter Number: | 67563 |
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Membership Type: | State chartered natural person |
Corporate Credit Union: | No |
Year Opened: | 1947 |
Last Audited: | Sep 01, 2022 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $703,075 |
CEO/Manager: | Kay Burton |
Chairperson: | Philip Walls |
ASSETS: | $ Amount |
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Cash & Equivalents | 150,191 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 0 |
Real Estate Loans | 16,374 |
Unsecured Loans | 35,823 |
Other Loans | 338,989 |
TOTAL LOANS | 391,185 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -52,163 |
Land And Building | 0 |
Other Fixed Assets | 8,274 |
NCUSIF Deposit | 5,088 |
All Other Assets | 0 |
TOTAL ASSETS | 703,075 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 0 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 13,558 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 0 |
Regular shares | 468,278 |
All Other Shares & Deposits | 0 |
TOTAL SHARES & DEPOSITS | 468,278 |
TOTAL LIABILITIES | 481,836 |
Regular Reserve | 0 |
Other Reserves | 76,790 |
Undivided Earnings | 144,449 |
TOTAL EQUITY | 221,239 |
TOTAL LIABILITIES, SHARES, & EQUITY | 703,075 |
INCOME & EXPENSE | |
Loan Income | 37,702 |
Investment Income | 9,300 |
Other Income | 10,700 |
Total Employee Compensation & Benefits | 31,774 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 25,271 |
Non-operating Income & (Expense) | 0 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 9,479 |
Cost of Funds | 2,974 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | -11,796 |
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