Credit Unions Near Me
National Credit Union Service Organization

FEDMONT FEDERAL CREDIT UNION

Dec, 31, 2023 — FEDMONT FEDERAL CREDIT UNION is a federal credit union headquartered in MONTGOMERY, AL with 1 branch location and about $13.12 million in total assets. Opened 64 years ago in 1960, FEDMONT FEDERAL CREDIT UNION has about 1,272 members and employs 4 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:FEDMONT FEDERAL CREDIT UNION
Address:
(Main Office)
330 Eastdale Cir
MONTGOMERY, AL 36117
Phone:(334) 270-5532
Fax:(334) 270-5534
Website:https://www.fedmontfcu.com
Branches:1 branch locations
Members:1,272
Credit Union Type:Federal Credit Union
Charter Number:14026
Membership Type:Federal, State, Local Government
Corporate Credit Union:No
Year Opened:1960
Last Audited:Dec 01, 2022
FHLB Member:No
Low Income Designation:No
Assets:$13,121,280
CEO/Manager:Stacy M Robbins
Chairperson:Quinton X Harris

Call Report

  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 1,978,743
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 0
 Unsecured Loans 749,302
 Other Loans 2,766,034
 TOTAL LOANS 3,515,336
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -46,076
 Land And Building 131,748
 Other Fixed Assets 9,833
 NCUSIF Deposit 139,461
 All Other Assets 0
  TOTAL ASSETS 13,121,280
LIABILITIES & CAPITAL:  
 Dividends Payable 1,953
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 55,680
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 2,415,483
 Regular shares 7,119,665
 All Other Shares & Deposits 1,974,785
  TOTAL SHARES & DEPOSITS 11,509,933
  TOTAL LIABILITIES 11,567,566
 Regular Reserve 0
 Other Reserves 655
 Undivided Earnings 1,553,059
  TOTAL EQUITY 1,553,714
  TOTAL LIABILITIES, SHARES, & EQUITY 13,121,280
INCOME & EXPENSE  
 Loan Income 300,295
 Investment Income 338,440
 Other Income 72,895
 Total Employee Compensation & Benefits 231,485
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 270,732
 Non-operating Income & (Expense) -3,350
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 34,500
 Cost of Funds 38,450
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 140,651
↑ Back to Top

Other Credit Unions

DIXIE CRAFT EMPLOYEES CREDIT UNION
P O Box 177
GOODWATER, AL 35072
MONTGOMERY VA FEDERAL CREDIT UNION
345 PERRY HILL RD
MONTGOMERY, AL 36109
TVH FEDERAL CREDIT UNION
2400 Hospital Rd Bldg 90
TUSKEGEE, AL 36083-5001
PIKE TEACHERS CREDIT UNION
501 University AVe
TROY, AL 36082
ALABAMA RURAL ELECTRIC CREDIT UNION
PO BOX 240547
MONTGOMERY, AL 36124
TUSKEGEE FEDERAL CREDIT UNION
304 W Montgomery Rd
TUSKEGEE, AL 36083-1520
EAST ALABAMA COMMUNITY FEDERAL CREDIT UNION
509 E THOMASON CIR
OPELIKA, AL 36801-5431
FOUR SEASONS FEDERAL CREDIT UNION
2915 Pepperell Pkwy
OPELIKA, AL 36801-6127
SYCAMORE FEDERAL CREDIT UNION
18070 AL Highway 21
TALLADEGA, AL 35160
ALABAMA STATE EMPLOYEES CREDIT UNION
4217 Lomac St
MONTGOMERY, AL 36106