Dec, 31, 2023 — SHAWNEE TVA EMPLOYEES FEDERAL CREDIT UNION is a federal credit union headquartered in WEST PADUCAH, KY with 1 branch location and about $6.65 million in total assets. Opened 70 years ago in 1954, SHAWNEE TVA EMPLOYEES FEDERAL CREDIT UNION has about 636 members and employs 3 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | SHAWNEE TVA EMPLOYEES FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 7755 METROPOLIS LAKE RD WEST PADUCAH, KY 42086 |
| Phone: | (270) 442-6479 |
| Fax: | (270) 442-6415 |
| Website: | n/a |
| Branches: | 1 branch locations |
| Members: | 636 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 9497 |
|---|---|
| Membership Type: | Service - Communications and Utilities |
| Corporate Credit Union: | No |
| Year Opened: | 1954 |
| Last Audited: | Apr 01, 2023 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $6,646,644 |
| CEO/Manager: | GINA A FUTRELL |
| Chairperson: | JENNIFER A MCCALLON |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 530,183 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 240,534 |
| Unsecured Loans | 58,733 |
| Other Loans | 3,134,651 |
| TOTAL LOANS | 3,433,918 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -1,435 |
| Land And Building | 5,209 |
| Other Fixed Assets | 1,756 |
| NCUSIF Deposit | 56,292 |
| All Other Assets | 32,257 |
| TOTAL ASSETS | 6,646,644 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 1,931 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 7,007 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 0 |
| Regular shares | 4,824,240 |
| All Other Shares & Deposits | 561,098 |
| TOTAL SHARES & DEPOSITS | 5,385,338 |
| TOTAL LIABILITIES | 5,394,276 |
| Regular Reserve | 0 |
| Other Reserves | 217,380 |
| Undivided Earnings | 1,034,988 |
| TOTAL EQUITY | 1,252,368 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 6,646,644 |
| INCOME & EXPENSE | |
| Loan Income | 168,109 |
| Investment Income | 35,540 |
| Other Income | 5,031 |
| Total Employee Compensation & Benefits | 82,496 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 61,584 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 0 |
| Cost of Funds | 24,297 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 40,303 |
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