Sep, 30, 2022 — CLARKE COMMUNITY FEDERAL CREDIT UNION is a federal credit union headquartered in GROVE HILL, AL with 1 branch location and about $3.11 million in total assets. Opened 64 years ago in 1959, CLARKE COMMUNITY FEDERAL CREDIT UNION has about 709 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | CLARKE COMMUNITY FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 106 Carter Dr GROVE HILL, AL 36451-3316 |
| Phone: | (251) 275-3007 |
| Fax: | (251) 275-4778 |
| Website: | https://www.clarkecommunityfcu.org |
| Branches: | 1 branch locations |
| Members: | 709 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 13018 |
|---|---|
| Membership Type: | Community credit unions, urban or rural, other than those designated 'low income' |
| Corporate Credit Union: | No |
| Year Opened: | 1959 |
| Last Audited: | Oct 01, 2021 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $3,109,124 |
| CEO/Manager: | Kenisha Johnson |
| Chairperson: | Linda McGhee |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 451,733 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 0 |
| Unsecured Loans | 549,084 |
| Other Loans | 726,510 |
| TOTAL LOANS | 1,275,594 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -19,771 |
| Land And Building | 8,017 |
| Other Fixed Assets | 1,087 |
| NCUSIF Deposit | 25,766 |
| All Other Assets | 0 |
| TOTAL ASSETS | 3,109,124 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 1,138 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | -1,964 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 0 |
| Regular shares | 2,461,078 |
| All Other Shares & Deposits | 0 |
| TOTAL SHARES & DEPOSITS | 2,461,078 |
| TOTAL LIABILITIES | 2,460,252 |
| Regular Reserve | 0 |
| Other Reserves | 648,872 |
| Undivided Earnings | 0 |
| TOTAL EQUITY | 648,872 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 3,109,124 |
| INCOME & EXPENSE | |
| Loan Income | 79,738 |
| Investment Income | 3,218 |
| Other Income | 14,472 |
| Total Employee Compensation & Benefits | 41,086 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 73,744 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 0 |
| Cost of Funds | -544 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | -8,163 |
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