TWIN STATES FEDERAL CREDIT UNION is no longer an active credit union according to the NCUA. If available, you can view their website at https://www.twinstatesfcu.com for more information.
Dec, 31, 2023 — TWIN STATES FEDERAL CREDIT UNION is a federal credit union headquartered in Columbus, MS with 1 branch location and about $7.10 million in total assets. Opened 59 years ago in 1965, TWIN STATES FEDERAL CREDIT UNION has about 1,779 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: | TWIN STATES FEDERAL CREDIT UNION |
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Address: (Main Office) | 59 Yorkville Park Sq Columbus, MS 39702-9677 |
Phone: | (662) 327-7666 |
Fax: | (662) 329-4588 |
Website: | https://www.twinstatesfcu.com |
Branches: | 1 branch locations |
Members: | 1,779 |
Credit Union Type: | Federal Credit Union |
Charter Number: | 16590 |
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Membership Type: | Multiple common bond - Primarily other manufacturing |
Corporate Credit Union: | No |
Year Opened: | 1965 |
Last Audited: | Nov 01, 2019 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $7,099,226 |
CEO/Manager: | Melissa H Carter |
Chairperson: | David Johnson |
ASSETS: | $ Amount |
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Cash & Equivalents | 3,158,938 |
TOTAL INVESTMENTS | 536,652 |
Loans Held for Sale | 0 |
Real Estate Loans | 0 |
Unsecured Loans | 157,771 |
Other Loans | 3,124,904 |
TOTAL LOANS | 3,282,675 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -221,402 |
Land And Building | 49,725 |
Other Fixed Assets | 34,288 |
NCUSIF Deposit | 69,101 |
All Other Assets | 189,249 |
TOTAL ASSETS | 7,099,226 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 0 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 11,354 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 371,497 |
Regular shares | 4,452,723 |
All Other Shares & Deposits | 2,185,237 |
TOTAL SHARES & DEPOSITS | 7,009,457 |
TOTAL LIABILITIES | 7,020,811 |
Regular Reserve | 78,415 |
Other Reserves | 0 |
Undivided Earnings | 0 |
TOTAL EQUITY | 78,415 |
TOTAL LIABILITIES, SHARES, & EQUITY | 7,099,226 |
INCOME & EXPENSE | |
Loan Income | 316,109 |
Investment Income | 12,815 |
Other Income | 91,498 |
Total Employee Compensation & Benefits | 135,486 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 191,169 |
Non-operating Income & (Expense) | -135,989 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 366,126 |
Cost of Funds | 72,495 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | -480,843 |
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