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TAYCO EMPLOYEES FEDERAL CREDIT UNION

Jun, 30, 2021 — TAYCO EMPLOYEES FEDERAL CREDIT UNION is a federal credit union headquartered in South Shore, KY with 1 branch location and about $2.74 million in total assets. Opened 66 years ago in 1955, TAYCO EMPLOYEES FEDERAL CREDIT UNION has about 400 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:TAYCO EMPLOYEES FEDERAL CREDIT UNION
Address:
(Main Office)
P.O. Box 762
South Shore, KY 41175
Phone:(606) 932-4774
Fax:(606) 932-4774
Website:n/a
Branches:1 branch locations
Members:400
Credit Union Type:Federal Credit Union
Charter Number:10177
Membership Type:Manufacturing - Machinery
Corporate Credit Union:No
Year Opened:1955
Last Audited:Apr 01, 2021
FHLB Member:No
Low Income Designation:No
Assets:$2,737,260
CEO/Manager:Savannah J Bienvenu
Chairperson:Michael Salyers

Call Report

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 909,622
TOTAL INVESTMENTS 1,273,597
Loans Held for Sale 0
 
 Real Estate Loans 0
 Unsecured Loans 99,023
 Other Loans 424,462
 TOTAL LOANS 523,485
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -6,876
 Land And Building 9,720
 Other Fixed Assets 4,854
 NCUSIF Deposit 18,859
 All Other Assets 3,999
  TOTAL ASSETS 2,737,260
LIABILITIES & CAPITAL:  
 Dividends Payable 834
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 4,186
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 0
 Regular shares 1,734,849
 All Other Shares & Deposits 0
  TOTAL SHARES & DEPOSITS 1,734,849
  TOTAL LIABILITIES 1,739,869
 Regular Reserve 90,970
 Other Reserves -27
 Undivided Earnings 906,448
  TOTAL EQUITY 997,391
  TOTAL LIABILITIES, SHARES, & EQUITY 2,737,260
INCOME & EXPENSE  
 Loan Income 10,605
 Investment Income 18,421
 Other Income 417
 Total Employee Compensation & Benefits 9,591
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 19,059
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 0
 Cost of Funds 409
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 384
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