Dec, 31, 2023 — TELCOMM CREDIT UNION is a federally insured state chartered credit union headquartered in SPRINGFIELD, MO with 7 branch locations and about $298.88 million in total assets. Opened 84 years ago in 1940, TELCOMM CREDIT UNION has about 23,475 members and employs 76 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | TELCOMM CREDIT UNION |
|---|---|
| Address: (Main Office) | 2155 E Sunshine St SPRINGFIELD, MO 65804-1816 |
| Phone: | (417) 886-5355 |
| Fax: | (417) 886-6028 |
| Website: | https://www.telcommcu.com |
| Branches: | 7 branch locations |
| Members: | 23,475 |
| Credit Union Type: | Federally Insured State Chartered Credit Union |
| Charter Number: | 63116 |
|---|---|
| Membership Type: | State chartered natural person |
| Corporate Credit Union: | No |
| Year Opened: | 1940 |
| Last Audited: | Jul 01, 2023 |
| FHLB Member: | Yes |
| Low Income Designation: | No |
| Assets: | $298,879,580 |
| CEO/Manager: | Jessica L Shorney |
| Chairperson: | Greg E Eck |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 14,358,607 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 34,748,698 |
| Unsecured Loans | 7,413,599 |
| Other Loans | 166,971,647 |
| TOTAL LOANS | 209,133,944 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -908,902 |
| Land And Building | 5,873,203 |
| Other Fixed Assets | 687,162 |
| NCUSIF Deposit | 2,417,488 |
| All Other Assets | 82,200 |
| TOTAL ASSETS | 298,879,580 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 717,048 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 3,586,738 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 34,989,242 |
| Regular shares | 101,599,337 |
| All Other Shares & Deposits | 122,574,345 |
| TOTAL SHARES & DEPOSITS | 259,162,924 |
| TOTAL LIABILITIES | 263,466,710 |
| Regular Reserve | 0 |
| Other Reserves | 25,364,729 |
| Undivided Earnings | 10,048,141 |
| TOTAL EQUITY | 35,412,870 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 298,879,580 |
| INCOME & EXPENSE | |
| Loan Income | 12,262,769 |
| Investment Income | 1,726,345 |
| Other Income | 1,683,898 |
| Total Employee Compensation & Benefits | 4,770,711 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 5,421,023 |
| Non-operating Income & (Expense) | -5,342 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 962,163 |
| Cost of Funds | 3,770,116 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 2,674,912 |
| ↑ Back to Top | |