Dec, 31, 2023 — KINGSTON TVA EMPLOYEES CREDIT UNION is a federally insured state chartered credit union headquartered in HARRIMAN, TN with 1 branch location and about $2.32 million in total assets. Opened 70 years ago in 1954, KINGSTON TVA EMPLOYEES CREDIT UNION has about 363 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
Name: | KINGSTON TVA EMPLOYEES CREDIT UNION |
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Address: (Main Office) | 714 Swan Pond Rd HARRIMAN, TN 37748 |
Phone: | (865) 717-2188 |
Fax: | (865) 717-2192 |
Website: | n/a |
Branches: | 1 branch locations |
Members: | 363 |
Credit Union Type: | Federally Insured State Chartered Credit Union |
Charter Number: | 68098 |
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Membership Type: | State chartered natural person |
Corporate Credit Union: | No |
Year Opened: | 1954 |
Last Audited: | Apr 01, 2023 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $2,324,632 |
CEO/Manager: | Marsha F Adkisson |
Chairperson: | Richard D Kidd |
ASSETS: | $ Amount |
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Cash & Equivalents | 721,426 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 0 |
Real Estate Loans | 0 |
Unsecured Loans | 395,359 |
Other Loans | 1,196,271 |
TOTAL LOANS | 1,591,630 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -12,925 |
Land And Building | 0 |
Other Fixed Assets | 13,993 |
NCUSIF Deposit | 16,372 |
All Other Assets | 0 |
TOTAL ASSETS | 2,324,632 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 0 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 12,340 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 0 |
Regular shares | 1,716,617 |
All Other Shares & Deposits | 0 |
TOTAL SHARES & DEPOSITS | 1,716,617 |
TOTAL LIABILITIES | 1,728,957 |
Regular Reserve | 0 |
Other Reserves | 157,633 |
Undivided Earnings | 438,042 |
TOTAL EQUITY | 595,675 |
TOTAL LIABILITIES, SHARES, & EQUITY | 2,324,632 |
INCOME & EXPENSE | |
Loan Income | 111,104 |
Investment Income | 22,630 |
Other Income | 2,378 |
Total Employee Compensation & Benefits | 80,350 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 37,355 |
Non-operating Income & (Expense) | 0 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | -998 |
Cost of Funds | 5,157 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | 14,248 |
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