Jun, 30, 2021 — COLQUITT COUNTY TEACHER FEDERAL CREDIT UNION is a federal credit union headquartered in Moultrie, GA with 1 branch location and about $9.26 million in total assets. Opened 64 years ago in 1957, COLQUITT COUNTY TEACHER FEDERAL CREDIT UNION has about 1,801 members and employs 4 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | COLQUITT COUNTY TEACHER FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | PO Box 2708 Moultrie, GA 31776 |
| Phone: | (229) 890-6214 |
| Fax: | (229) 985-4158 |
| Website: | n/a |
| Branches: | 1 branch locations |
| Members: | 1,801 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 11996 |
|---|---|
| Membership Type: | Multiple common bond - Primarily educational |
| Corporate Credit Union: | No |
| Year Opened: | 1957 |
| Last Audited: | Jun 01, 2020 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $9,257,134 |
| CEO/Manager: | Sally Yarbrough |
| Chairperson: | Marlon Keith Adams |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 557,068 |
| TOTAL INVESTMENTS | 2,592,466 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 0 |
| Unsecured Loans | 442,137 |
| Other Loans | 5,419,138 |
| TOTAL LOANS | 5,861,275 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -13,012 |
| Land And Building | 140,509 |
| Other Fixed Assets | 4,517 |
| NCUSIF Deposit | 67,905 |
| All Other Assets | 46,406 |
| TOTAL ASSETS | 9,257,134 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 15,191 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 0 |
| Regular shares | 2,173,667 |
| All Other Shares & Deposits | 5,351,612 |
| TOTAL SHARES & DEPOSITS | 7,525,279 |
| TOTAL LIABILITIES | 7,540,470 |
| Regular Reserve | 76,317 |
| Other Reserves | 0 |
| Undivided Earnings | 1,640,347 |
| TOTAL EQUITY | 1,716,664 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 9,257,134 |
| INCOME & EXPENSE | |
| Loan Income | 149,042 |
| Investment Income | 7,410 |
| Other Income | 19,606 |
| Total Employee Compensation & Benefits | 96,080 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 53,569 |
| Non-operating Income & (Expense) | 1,667 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | -5,486 |
| Cost of Funds | 12,809 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 23,230 |
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