Dec, 31, 2023 — G E A EMPLOYEES FEDERAL CREDIT UNION is a federal credit union headquartered in PEARISBURG, VA with 1 branch location and about $1.92 million in total assets. Opened 58 years ago in 1966, G E A EMPLOYEES FEDERAL CREDIT UNION has about 328 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | G E A EMPLOYEES FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 100 Deerfield Acres St PEARISBURG, VA 24134 |
| Phone: | (540) 921-2404 |
| Fax: | |
| Website: | n/a |
| Branches: | 1 branch locations |
| Members: | 328 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 17675 |
|---|---|
| Membership Type: | Educational |
| Corporate Credit Union: | No |
| Year Opened: | 1966 |
| Last Audited: | Sep 01, 2023 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $1,921,375 |
| CEO/Manager: | Babette F Martin |
| Chairperson: | Robert M Lilly JR |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 222,315 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 0 |
| Unsecured Loans | 126,261 |
| Other Loans | 991,317 |
| TOTAL LOANS | 1,117,578 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -14,489 |
| Land And Building | 0 |
| Other Fixed Assets | 2 |
| NCUSIF Deposit | 12,990 |
| All Other Assets | 0 |
| TOTAL ASSETS | 1,921,375 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 0 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 0 |
| Regular shares | 1,453,978 |
| All Other Shares & Deposits | 0 |
| TOTAL SHARES & DEPOSITS | 1,453,978 |
| TOTAL LIABILITIES | 1,453,978 |
| Regular Reserve | 0 |
| Other Reserves | 67,519 |
| Undivided Earnings | 399,878 |
| TOTAL EQUITY | 467,397 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 1,921,375 |
| INCOME & EXPENSE | |
| Loan Income | 38,475 |
| Investment Income | 29,151 |
| Other Income | 52 |
| Total Employee Compensation & Benefits | 0 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 42,052 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 0 |
| Cost of Funds | 19,578 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 6,048 |
| ↑ Back to Top | |