Dec, 31, 2023 — FOGCE FEDERAL CREDIT UNION is a federal credit union headquartered in EUTAW, AL with 1 branch location and about $1.57 million in total assets. Opened 49 years ago in 1975, FOGCE FEDERAL CREDIT UNION has about 851 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
Name: | FOGCE FEDERAL CREDIT UNION |
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Address: (Main Office) | 112 PRAIRIE AVE EUTAW, AL 35462 |
Phone: | (205) 372-9025 |
Fax: | (205) 372-3627 |
Website: | n/a |
Branches: | 1 branch locations |
Members: | 851 |
Credit Union Type: | Federal Credit Union |
Charter Number: | 22131 |
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Membership Type: | Community credit unions, urban or rural, other than those designated 'low income' |
Corporate Credit Union: | No |
Year Opened: | 1975 |
Last Audited: | Dec 01, 2022 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $1,573,715 |
CEO/Manager: | JOYCE M PHAM |
Chairperson: | Carol P Zippert |
ASSETS: | $ Amount |
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Cash & Equivalents | 99,811 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 0 |
Real Estate Loans | 0 |
Unsecured Loans | 62,930 |
Other Loans | 350,902 |
TOTAL LOANS | 413,832 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -9,382 |
Land And Building | 24,637 |
Other Fixed Assets | 8,490 |
NCUSIF Deposit | 12,004 |
All Other Assets | 0 |
TOTAL ASSETS | 1,573,715 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 148 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 50,682 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 0 |
Regular shares | 1,030,842 |
All Other Shares & Deposits | 100,000 |
TOTAL SHARES & DEPOSITS | 1,130,842 |
TOTAL LIABILITIES | 1,181,672 |
Regular Reserve | 0 |
Other Reserves | 74,342 |
Undivided Earnings | 317,701 |
TOTAL EQUITY | 392,043 |
TOTAL LIABILITIES, SHARES, & EQUITY | 1,573,715 |
INCOME & EXPENSE | |
Loan Income | 33,222 |
Investment Income | 45,578 |
Other Income | 5,115 |
Total Employee Compensation & Benefits | 63,200 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 45,389 |
Non-operating Income & (Expense) | 80,091 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 1,972 |
Cost of Funds | 5,291 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | 52,103 |
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