Dec, 31, 2020 — COLQUITT COUNTY TEACHER FEDERAL CREDIT UNION is a federal credit union headquartered in Moultrie, GA with 1 branch location and about $8.69 million in total assets. Opened 64 years ago in 1957, COLQUITT COUNTY TEACHER FEDERAL CREDIT UNION has about 1,851 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 |
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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: | 1,851 |
Credit Union Type: | Federal Credit Union |
Charter Number: | 11996 |
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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: | $8,694,634 |
CEO/Manager: | Sally Yarbrough |
Chairperson: | Marlon Keith Adams |
ASSETS: | $ Amount |
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Cash & Equivalents | 20,827 |
TOTAL INVESTMENTS | 2,740,466 |
Loans Held for Sale | 0 |
Real Estate Loans | 0 |
Unsecured Loans | 590,108 |
Other Loans | 5,104,783 |
TOTAL LOANS | 5,694,891 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -18,885 |
Land And Building | 143,598 |
Other Fixed Assets | 6,172 |
NCUSIF Deposit | 60,529 |
All Other Assets | 47,036 |
TOTAL ASSETS | 8,694,634 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 0 |
Notes & Interest Payable | 200,000 |
Accounts Payable & Other Liabilities | 10,649 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 0 |
Regular shares | 1,826,758 |
All Other Shares & Deposits | 4,963,792 |
TOTAL SHARES & DEPOSITS | 6,790,550 |
TOTAL LIABILITIES | 7,001,199 |
Regular Reserve | 76,317 |
Other Reserves | 0 |
Undivided Earnings | 1,617,118 |
TOTAL EQUITY | 1,693,435 |
TOTAL LIABILITIES, SHARES, & EQUITY | 8,694,634 |
INCOME & EXPENSE | |
Loan Income | 293,958 |
Investment Income | 38,264 |
Other Income | 47,962 |
Total Employee Compensation & Benefits | 189,243 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 112,129 |
Non-operating Income & (Expense) | 2,072 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 13,882 |
Cost of Funds | 39,268 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | 27,734 |
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