Dec, 31, 2023 — HURD EMPLOYEES CREDIT UNION is a federally insured state chartered credit union headquartered in GREENEVILLE, TN with 1 branch location and about $4.39 million in total assets. Opened 56 years ago in 1968, HURD EMPLOYEES CREDIT UNION has about 429 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
Name: | HURD EMPLOYEES CREDIT UNION |
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Address: (Main Office) | 200 W Church St GREENEVILLE, TN 37745-3806 |
Phone: | (423) 639-4371 |
Fax: | (423) 639-3923 |
Website: | n/a |
Branches: | 1 branch locations |
Members: | 429 |
Credit Union Type: | Federally Insured State Chartered Credit Union |
Charter Number: | 68144 |
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Membership Type: | State chartered natural person |
Corporate Credit Union: | No |
Year Opened: | 1968 |
Last Audited: | Sep 01, 2022 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $4,394,168 |
CEO/Manager: | Carole Thornburg |
Chairperson: | Anthony Morelock |
ASSETS: | $ Amount |
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Cash & Equivalents | 439,581 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 0 |
Real Estate Loans | 0 |
Unsecured Loans | 22,706 |
Other Loans | 3,096,454 |
TOTAL LOANS | 3,119,159 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -90,257 |
Land And Building | 0 |
Other Fixed Assets | 0 |
NCUSIF Deposit | 28,083 |
All Other Assets | 0 |
TOTAL ASSETS | 4,394,168 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 0 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 10,989 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 0 |
Regular shares | 427,128 |
All Other Shares & Deposits | 2,469,573 |
TOTAL SHARES & DEPOSITS | 2,896,701 |
TOTAL LIABILITIES | 2,907,690 |
Regular Reserve | 0 |
Other Reserves | 0 |
Undivided Earnings | 1,486,478 |
TOTAL EQUITY | 1,486,478 |
TOTAL LIABILITIES, SHARES, & EQUITY | 4,394,168 |
INCOME & EXPENSE | |
Loan Income | 162,931 |
Investment Income | 14,365 |
Other Income | 12,933 |
Total Employee Compensation & Benefits | 62,099 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 54,250 |
Non-operating Income & (Expense) | 100 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 60,647 |
Cost of Funds | 61,984 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | -48,651 |
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