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CAMP SHELBY FEDERAL CREDIT UNION

Dec, 31, 2023 — CAMP SHELBY FEDERAL CREDIT UNION is a federal credit union headquartered in HATTIESBURG, MS with 1 branch location and about $26.94 million in total assets. Opened 57 years ago in 1967, CAMP SHELBY FEDERAL CREDIT UNION has about 2,906 members and employs 7 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:CAMP SHELBY FEDERAL CREDIT UNION
Address:
(Main Office)
Warehouse Ave Bldg 82
HATTIESBURG, MS 39407
Phone:(601) 544-5421
Fax:(601) 544-9080
Website:https://www.campshelbycreditunion.us
Branches:1 branch locations
Members:2,906
Credit Union Type:Federal Credit Union
Charter Number:18150
Membership Type:Military
Corporate Credit Union:No
Year Opened:1967
Last Audited:Jun 01, 2023
FHLB Member:No
Low Income Designation:No
Assets:$26,938,661
CEO/Manager:Denise Collier
Chairperson:Richard Lott

Call Report

  • Payday Alternative Loans (PAL Loans)
  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 6,996,376
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 0
 Unsecured Loans 1,876,049
 Other Loans 14,592,707
 TOTAL LOANS 16,468,756
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -73,515
 Land And Building 929,024
 Other Fixed Assets 23,271
 NCUSIF Deposit 201,253
 All Other Assets 0
  TOTAL ASSETS 26,938,661
LIABILITIES & CAPITAL:  
 Dividends Payable 16
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 270,553
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 2,833,439
 Regular shares 12,236,604
 All Other Shares & Deposits 5,255,192
  TOTAL SHARES & DEPOSITS 20,325,235
  TOTAL LIABILITIES 20,595,804
 Regular Reserve 0
 Other Reserves 0
 Undivided Earnings 6,342,857
  TOTAL EQUITY 6,342,857
  TOTAL LIABILITIES, SHARES, & EQUITY 26,938,661
INCOME & EXPENSE  
 Loan Income 1,187,835
 Investment Income 295,145
 Other Income 220,660
 Total Employee Compensation & Benefits 322,477
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 618,113
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 117,980
 Cost of Funds 133,287
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 731,046
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