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National Credit Union Service Organization

KINGSTON TVA EMPLOYEES CREDIT UNION

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
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
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

Call Report

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
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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