Sep, 30, 2025 — GEORGIA POWER VALDOSTA FEDERAL CREDIT UNION is a federal credit union headquartered in VALDOSTA, GA with 1 branch location and about $22.85 million in total assets. Opened 68 years ago in 1958, GEORGIA POWER VALDOSTA FEDERAL CREDIT UNION has about 2,792 members and employs 10 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | GEORGIA POWER VALDOSTA FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 1707 Dow St VALDOSTA, GA 31601 |
| Phone: | (229) 253-1111 |
| Fax: | (229) 293-9174 |
| Website: | https://www.gpvfcu.com |
| Branches: | 1 branch locations |
| Members: | 2,792 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 12291 |
|---|---|
| Membership Type: | Multiple common bond - Primarily communications and utilities |
| Corporate Credit Union: | No |
| Year Opened: | 1958 |
| Last Audited: | Mar 01, 2025 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $22,853,279 |
| CEO/Manager: | Kim Cowart |
| Chairperson: | Lloyd Green |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 1,775,055 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 1,608,601 |
| Unsecured Loans | 2,005,312 |
| Other Loans | 9,043,799 |
| TOTAL LOANS | 12,657,712 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -158,524 |
| Land And Building | 313,080 |
| Other Fixed Assets | 17,496 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 184,443 |
| All Other Assets | 3,000 |
| TOTAL ASSETS | 22,853,279 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 122,980 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 3,593,807 |
| Regular shares | 7,614,051 |
| All Other Shares & Deposits | 8,176,050 |
| TOTAL SHARES & DEPOSITS | 19,383,908 |
| TOTAL LIABILITIES | 19,506,888 |
| Regular Reserve | 0 |
| Other Reserves | 0 |
| Undivided Earnings | 3,346,391 |
| TOTAL EQUITY | 3,346,391 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 22,853,279 |
| INCOME & EXPENSE | |
| Loan Income | 710,070 |
| Investment Income | 256,826 |
| Other Income | 246,822 |
| Total Employee Compensation & Benefits | 333,035 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 431,161 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 32,514 |
| Cost of Funds | 193,012 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 227,555 |
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