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 |
| 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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