Dec, 31, 2023 — S R I EMPLOYEES FEDERAL CREDIT UNION is a federal credit union headquartered in BIRMINGHAM, AL with 1 branch location and about $3.95 million in total assets. Opened 68 years ago in 1956, S R I EMPLOYEES FEDERAL CREDIT UNION has about 198 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
Name: | S R I EMPLOYEES FEDERAL CREDIT UNION |
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Address: (Main Office) | 1117 22nd St S BIRMINGHAM, AL 35205-2813 |
Phone: | (205) 250-5182 |
Fax: | (205) 250-5184 |
Website: | n/a |
Branches: | 1 branch locations |
Members: | 198 |
Credit Union Type: | Federal Credit Union |
Charter Number: | 11123 |
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Membership Type: | Service - Health Care |
Corporate Credit Union: | No |
Year Opened: | 1956 |
Last Audited: | Sep 01, 2023 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $3,952,935 |
CEO/Manager: | Teresa S Johnston |
Chairperson: | Kenneth Cushing |
ASSETS: | $ Amount |
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Cash & Equivalents | 255,428 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 0 |
Real Estate Loans | 229,148 |
Unsecured Loans | 50,736 |
Other Loans | 218,564 |
TOTAL LOANS | 498,448 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -3,663 |
Land And Building | 0 |
Other Fixed Assets | 302 |
NCUSIF Deposit | 29,851 |
All Other Assets | 0 |
TOTAL ASSETS | 3,952,935 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 0 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | -5,790 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 0 |
Regular shares | 2,133,659 |
All Other Shares & Deposits | 405,398 |
TOTAL SHARES & DEPOSITS | 2,539,057 |
TOTAL LIABILITIES | 2,533,267 |
Regular Reserve | 0 |
Other Reserves | 102,913 |
Undivided Earnings | 1,316,755 |
TOTAL EQUITY | 1,419,668 |
TOTAL LIABILITIES, SHARES, & EQUITY | 3,952,935 |
INCOME & EXPENSE | |
Loan Income | 22,777 |
Investment Income | 63,064 |
Other Income | 819 |
Total Employee Compensation & Benefits | 42,589 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 45,151 |
Non-operating Income & (Expense) | 0 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 10,863 |
Cost of Funds | 18,109 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | -30,052 |
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