Credit Unions Near Me
National Credit Union Service Organization

LEGACY COMMUNITY FEDERAL CREDIT UNION

Dec, 31, 2023 — LEGACY COMMUNITY FEDERAL CREDIT UNION is a federal credit union headquartered in BIRMINGHAM, AL with 9 branch locations and about $639.52 million in total assets. Opened 69 years ago in 1955, LEGACY COMMUNITY FEDERAL CREDIT UNION has about 39,686 members and employs 119 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


ABA Routing Number: 262086561
Name:LEGACY COMMUNITY FEDERAL CREDIT UNION
Address:
(Main Office)
100 Corporate Rdg Ste 200
BIRMINGHAM, AL 35242-2994
Phone:(205) 933-9933
Fax:(205) 930-5019
Website:https://www.legacycreditunion.com
Branches:9 branch locations
Members:39,686
Credit Union Type:Federal Credit Union
Charter Number:24421
Membership Type:Community credit unions, urban or rural, other than those designated 'low income'
Corporate Credit Union:No
Year Opened:1955
Last Audited:Dec 01, 2022
FHLB Member:Yes
Low Income Designation:No
Assets:$639,517,935
CEO/Manager:S Glenn Bryan
Chairperson:John Russell

Call Report

  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 31,499,985
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 159,395,377
 Unsecured Loans 41,577,840
 Other Loans 207,529,428
 TOTAL LOANS 408,502,645
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -924,814
 Land And Building 17,723,795
 Other Fixed Assets 430,388
 NCUSIF Deposit 5,501,134
 All Other Assets 263,872
  TOTAL ASSETS 639,517,935
LIABILITIES & CAPITAL:  
 Dividends Payable 789,294
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 7,415,894
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 123,122,514
 Regular shares 220,061,319
 All Other Shares & Deposits 221,251,282
  TOTAL SHARES & DEPOSITS 564,435,115
  TOTAL LIABILITIES 572,640,303
 Regular Reserve 0
 Other Reserves -16,521,576
 Undivided Earnings 83,399,208
  TOTAL EQUITY 66,877,632
  TOTAL LIABILITIES, SHARES, & EQUITY 639,517,935
INCOME & EXPENSE  
 Loan Income 18,329,825
 Investment Income 3,911,732
 Other Income 3,789,141
 Total Employee Compensation & Benefits 7,468,782
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 9,353,218
 Non-operating Income & (Expense) 6,000
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 933,042
 Cost of Funds 8,708,360
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 3,247,898
↑ Back to Top

Other Credit Unions

NRS COMMUNITY DEVELOPMENT FEDERAL CREDIT UNION
7400 LONDON AVE
BIRMINGHAM, AL 35206
S R I EMPLOYEES FEDERAL CREDIT UNION
1117 22nd St S
BIRMINGHAM, AL 35205-2813
1ST RESOURCE CREDIT UNION
47 W OXMOOR RD
BIRMINGHAM, AL 35209
ALABAMA LAW ENFORCEMENT CREDIT UNION
3712 4th Ave S
BIRMINGHAM, AL 35222-2420
FEDERAL EMPLOYEES CREDIT UNION
1509 4th Ave S
BIRMINGHAM, AL 35233-1612
HEALTH CREDIT UNION
1400 6TH Ave S
BIRMINGHAM, AL 35233
SOCIAL SECURITY CREDIT UNION
1200 Reverend Abraham Woods Jr Blvd
BIRMINGHAM, AL 35285
JEFFERSON CREDIT UNION
5261 Ross Bridge Pkwy
HOOVER, AL 35226
MUTUAL SAVINGS CREDIT UNION
2040 Valleydale Rd
HOOVER, AL 35244-2006
ALATRUST CREDIT UNION
1810 Merchants Dr
HOOVER, AL 35244-1005