Mar, 31, 2021 — COLQUITT COUNTY TEACHER FEDERAL CREDIT UNION is a federal credit union headquartered in Moultrie, GA with 1 branch location and about $8.99 million in total assets. Opened 64 years ago in 1957, COLQUITT COUNTY TEACHER FEDERAL CREDIT UNION has about 1,826 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: | http://www.colquitt.k12.ga.us |
| Branches: | 1 branch locations |
| Members: | 1,826 |
| 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: | $8,991,094 |
| CEO/Manager: | Sally Yarbrough |
| Chairperson: | Marlon Keith Adams |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 813,869 |
| TOTAL INVESTMENTS | 2,365,466 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 0 |
| Unsecured Loans | 482,239 |
| Other Loans | 5,090,363 |
| TOTAL LOANS | 5,572,602 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -14,816 |
| Land And Building | 142,054 |
| Other Fixed Assets | 5,333 |
| NCUSIF Deposit | 60,529 |
| All Other Assets | 46,057 |
| TOTAL ASSETS | 8,991,094 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 13,454 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 0 |
| Regular shares | 2,055,930 |
| All Other Shares & Deposits | 5,215,643 |
| TOTAL SHARES & DEPOSITS | 7,271,573 |
| TOTAL LIABILITIES | 7,285,027 |
| Regular Reserve | 76,317 |
| Other Reserves | 0 |
| Undivided Earnings | 1,629,750 |
| TOTAL EQUITY | 1,706,067 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 8,991,094 |
| INCOME & EXPENSE | |
| Loan Income | 76,288 |
| Investment Income | 5,293 |
| Other Income | 7,386 |
| Total Employee Compensation & Benefits | 51,988 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 25,070 |
| Non-operating Income & (Expense) | 1,015 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | -4,335 |
| Cost of Funds | 6,736 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 12,633 |
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