Sep, 30, 2025 — LOCOGA FEDERAL CREDIT UNION is a federal credit union headquartered in VALDOSTA, GA with 2 branch locations and about $4.56 million in total assets. Opened 66 years ago in 1960, LOCOGA FEDERAL CREDIT UNION has about 675 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | LOCOGA FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 1592 Norman Dr VALDOSTA, GA 31601-3581 |
| Phone: | (229) 244-4513 |
| Fax: | (229) 244-5995 |
| Website: | https://www.locogafcu.com |
| Branches: | 2 branch locations |
| Members: | 675 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 13516 |
|---|---|
| Membership Type: | Educational |
| Corporate Credit Union: | No |
| Year Opened: | 1960 |
| Last Audited: | Dec 01, 2023 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $4,557,758 |
| CEO/Manager: | Peggy A Daniels |
| Chairperson: | Calvin M Walker |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 711,103 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 0 |
| Unsecured Loans | 602,534 |
| Other Loans | 2,079,099 |
| TOTAL LOANS | 2,681,633 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | 9,970 |
| Land And Building | 0 |
| Other Fixed Assets | 5,685 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 45,921 |
| All Other Assets | 55,914 |
| TOTAL ASSETS | 4,557,758 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 13,145 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 434,155 |
| Regular shares | 2,551,718 |
| All Other Shares & Deposits | 1,125,024 |
| TOTAL SHARES & DEPOSITS | 4,110,897 |
| TOTAL LIABILITIES | 4,124,042 |
| Regular Reserve | 0 |
| Other Reserves | 0 |
| Undivided Earnings | 433,716 |
| TOTAL EQUITY | 433,716 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 4,557,758 |
| INCOME & EXPENSE | |
| Loan Income | 130,830 |
| Investment Income | 18,912 |
| Other Income | 18,965 |
| Total Employee Compensation & Benefits | 48,054 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 95,694 |
| Non-operating Income & (Expense) | 474 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 0 |
| Cost of Funds | 11,983 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 13,450 |
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