Sep, 30, 2025 — ALTAMAHA FEDERAL CREDIT UNION is a federal credit union headquartered in JESUP, GA with 3 branch locations and about $70.94 million in total assets. Opened 71 years ago in 1955, ALTAMAHA FEDERAL CREDIT UNION has about 10,700 members and employs 27 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | ALTAMAHA FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 407 S 1st St JESUP, GA 31545 |
| Phone: | (912) 427-8924 |
| Fax: | (912) 427-6843 |
| Website: | https://www.altamaha.org |
| Branches: | 3 branch locations |
| Members: | 10,700 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 10262 |
|---|---|
| Membership Type: | Community credit unions, urban or rural, other than those designated 'low income' |
| Corporate Credit Union: | No |
| Year Opened: | 1955 |
| Last Audited: | Sep 01, 2024 |
| FHLB Member: | Yes |
| Low Income Designation: | No |
| Assets: | $70,937,970 |
| CEO/Manager: | Jodi Lewis |
| Chairperson: | David R Jones |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 8,010,727 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 180,183 |
| Unsecured Loans | 4,375,991 |
| Other Loans | 30,225,743 |
| TOTAL LOANS | 34,781,917 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -438,435 |
| Land And Building | 1,584,307 |
| Other Fixed Assets | 305,335 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 592,836 |
| All Other Assets | 12,799 |
| TOTAL ASSETS | 70,937,970 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 5,768 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 1,215,110 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 17,343,734 |
| Regular shares | 30,943,935 |
| All Other Shares & Deposits | 11,337,553 |
| TOTAL SHARES & DEPOSITS | 59,625,222 |
| TOTAL LIABILITIES | 60,847,802 |
| Regular Reserve | 0 |
| Other Reserves | 554,864 |
| Undivided Earnings | 9,535,304 |
| TOTAL EQUITY | 10,090,168 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 70,937,970 |
| INCOME & EXPENSE | |
| Loan Income | 1,996,519 |
| Investment Income | 813,763 |
| Other Income | 342,376 |
| Total Employee Compensation & Benefits | 1,498,512 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 1,669,198 |
| Non-operating Income & (Expense) | -25,681 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 195,475 |
| Cost of Funds | 380,843 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 98,731 |
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