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KNOX COUNTY TEACHERS FEDERAL CREDIT UNION

Sep, 30, 2025 — KNOX COUNTY TEACHERS FEDERAL CREDIT UNION is a federal credit union headquartered in KNOXVILLE, TN with 2 branch locations and about $33.54 million in total assets. Opened 71 years ago in 1955, KNOX COUNTY TEACHERS FEDERAL CREDIT UNION has about 2,139 members and employs 7 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:KNOX COUNTY TEACHERS FEDERAL CREDIT UNION
Address:
(Main Office)
6821 Maynardville Pike
KNOXVILLE, TN 37918-5310
Phone:(865) 922-7481
Fax:(865) 922-7488
Website:https://www.kctfcu.org
Branches:2 branch locations
Members:2,139
Credit Union Type:Federal Credit Union
Charter Number:10676
Membership Type:Multiple common bond - Primarily educational
Corporate Credit Union:No
Year Opened:1955
Last Audited:Dec 01, 2024
FHLB Member:No
Low Income Designation:No
Assets:$33,542,345
CEO/Manager:Julie McMillan
Chairperson:Robert A Huff

Call Report

  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 4,642,623
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 7,134,745
 Unsecured Loans 787,185
 Other Loans 13,155,929
 TOTAL LOANS 21,077,859
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -96,585
 Land And Building 729,881
 Other Fixed Assets 23,778
 NCUSIF (National Credit Union Share Insurance Fund) Deposit 281,131
 All Other Assets 0
  TOTAL ASSETS 33,542,345
LIABILITIES & CAPITAL:  
 Dividends Payable 652
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 214,047
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 7,537,827
 Regular shares 18,639,441
 All Other Shares & Deposits 2,188,362
  TOTAL SHARES & DEPOSITS 28,365,629
  TOTAL LIABILITIES 28,580,328
 Regular Reserve 0
 Other Reserves 650,372
 Undivided Earnings 4,311,645
  TOTAL EQUITY 4,962,017
  TOTAL LIABILITIES, SHARES, & EQUITY 33,542,345
INCOME & EXPENSE  
 Loan Income 757,681
 Investment Income 292,256
 Other Income 39,650
 Total Employee Compensation & Benefits 325,013
 NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense 0
 Total Other Operating Expenses 351,058
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 36,000
 Cost of Funds 18,592
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 358,924
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