PIKE TEACHERS CREDIT UNION is no longer an active credit union according to the NCUA.
Dec, 31, 2023 — PIKE TEACHERS CREDIT UNION is a federally insured state chartered credit union headquartered in Troy, AL with 1 branch location and about $6.72 million in total assets. Opened 70 years ago in 1954, PIKE TEACHERS CREDIT UNION has about 1,811 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | PIKE TEACHERS CREDIT UNION |
|---|---|
| Address: (Main Office) | 501 University AVe Troy, AL 36082 |
| Phone: | (334) 670-3630 |
| Fax: | (334) 670-3762 |
| Website: | n/a |
| Branches: | 1 branch locations |
| Members: | 1,811 |
| Credit Union Type: | Federally Insured State Chartered Credit Union |
| Charter Number: | 63634 |
|---|---|
| Membership Type: | State chartered natural person |
| Corporate Credit Union: | No |
| Year Opened: | 1954 |
| Last Audited: | Jan 01, 2019 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $6,719,055 |
| CEO/Manager: | Gale H Jordan |
| Chairperson: | Geoffrey Spann |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 5,628,807 |
| TOTAL INVESTMENTS | 3,510 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 0 |
| Unsecured Loans | 254,413 |
| Other Loans | 913,828 |
| TOTAL LOANS | 1,168,241 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -153,752 |
| Land And Building | 0 |
| Other Fixed Assets | 267 |
| NCUSIF Deposit | 63,432 |
| All Other Assets | 8,550 |
| TOTAL ASSETS | 6,719,055 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 29,140 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 0 |
| Regular shares | 6,603,062 |
| All Other Shares & Deposits | 0 |
| TOTAL SHARES & DEPOSITS | 6,603,062 |
| TOTAL LIABILITIES | 6,632,202 |
| Regular Reserve | 364,994 |
| Other Reserves | -623,851 |
| Undivided Earnings | 345,710 |
| TOTAL EQUITY | 86,853 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 6,719,055 |
| INCOME & EXPENSE | |
| Loan Income | 102,154 |
| Investment Income | 30,285 |
| Other Income | 3,466 |
| Total Employee Compensation & Benefits | 79,505 |
| NCUSIF Premiums Expense | 112 |
| Total Other Operating Expenses | 97,473 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 125,000 |
| Cost of Funds | 55,596 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | -221,781 |
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