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COLQUITT COUNTY TEACHER FEDERAL CREDIT UNION

Mar, 31, 2022 — COLQUITT COUNTY TEACHER FEDERAL CREDIT UNION is a federal credit union headquartered in MOULTRIE, GA with 1 branch location and about $9.94 million in total assets. Opened 65 years ago in 1957, COLQUITT COUNTY TEACHER FEDERAL CREDIT UNION has about 1,813 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)
720 28th Ave SE
MOULTRIE, GA 31768-7759
Phone:(229) 890-6214
Fax:(229) 985-4158
Website:n/a
Branches:1 branch locations
Members:1,813
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, 2021
FHLB Member:No
Low Income Designation:No
Assets:$9,940,720
CEO/Manager:Sally Yarbrough
Chairperson:Marlon Keith Adams

Call Report

  • Payday Alternative Loans (PAL Loans)

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 62,276
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 0
 Unsecured Loans 486,084
 Other Loans 5,815,094
 TOTAL LOANS 6,301,178
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -12,765
 Land And Building 149,153
 Other Fixed Assets 2,476
 NCUSIF Deposit 67,905
 All Other Assets 0
  TOTAL ASSETS 9,940,720
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 150,250
 Accounts Payable & Other Liabilities 11,454
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 0
 Regular shares 2,569,413
 All Other Shares & Deposits 5,445,559
  TOTAL SHARES & DEPOSITS 8,014,972
  TOTAL LIABILITIES 8,176,676
 Regular Reserve 0
 Other Reserves 76,317
 Undivided Earnings 1,687,727
  TOTAL EQUITY 1,764,044
  TOTAL LIABILITIES, SHARES, & EQUITY 9,940,720
INCOME & EXPENSE  
 Loan Income 83,752
 Investment Income 2,376
 Other Income 8,670
 Total Employee Compensation & Benefits 52,472
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 27,622
 Non-operating Income & (Expense) 484
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 707
 Cost of Funds 3,866
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 11,311
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