Credit Unions Near Me
National Credit Union Service Organization

FEDMONT FEDERAL CREDIT UNION

Jun, 30, 2021 — FEDMONT FEDERAL CREDIT UNION is a federal credit union headquartered in MONTGOMERY, AL with 1 branch location and about $15.51 million in total assets. Opened 61 years ago in 1960, FEDMONT FEDERAL CREDIT UNION has about 1,398 members and employs 5 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:FEDMONT FEDERAL CREDIT UNION
Address:
(Main Office)
330 EASTDALE CIR
MONTGOMERY, AL 36117
Phone:(334) 270-5532
Fax:(334) 270-5534
Website:http://www.fedmontfcu.org
Branches:1 branch locations
Members:1,398
Credit Union Type:Federal Credit Union
Charter Number:14026
Membership Type:Federal, State, Local Government
Corporate Credit Union:No
Year Opened:1960
Last Audited:Dec 01, 2020
FHLB Member:No
Low Income Designation:No
Assets:$15,514,420
CEO/Manager:Stacy M Robbins
Chairperson:Quinton X Harris

Call Report

  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 5,015,885
TOTAL INVESTMENTS 6,554,778
Loans Held for Sale 0
 
 Real Estate Loans 0
 Unsecured Loans 891,837
 Other Loans 2,801,438
 TOTAL LOANS 3,693,275
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -121,171
 Land And Building 194,085
 Other Fixed Assets 2,178
 NCUSIF Deposit 131,187
 All Other Assets 44,203
  TOTAL ASSETS 15,514,420
LIABILITIES & CAPITAL:  
 Dividends Payable 3,791
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 25,898
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 2,449,018
 Regular shares 7,629,876
 All Other Shares & Deposits 3,927,491
  TOTAL SHARES & DEPOSITS 14,006,385
  TOTAL LIABILITIES 14,036,074
 Regular Reserve 308,712
 Other Reserves 7,270
 Undivided Earnings 1,162,364
  TOTAL EQUITY 1,478,346
  TOTAL LIABILITIES, SHARES, & EQUITY 15,514,420
INCOME & EXPENSE  
 Loan Income 147,465
 Investment Income 11,546
 Other Income 42,352
 Total Employee Compensation & Benefits 103,108
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 128,534
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 0
 Cost of Funds 31,369
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) -59,306
↑ Back to Top

Other Credit Unions

DIXIE CRAFT EMPLOYEES CREDIT UNION
P O Box 177
GOODWATER, AL 35072
MONTGOMERY VA FEDERAL CREDIT UNION
345 PERRY HILL RD
MONTGOMERY, AL 36109
TVH FEDERAL CREDIT UNION
P.O. BOX 2151
TUSKEGEE, AL 36083
PIKE TEACHERS CREDIT UNION
501 University AVe
TROY, AL 36082
ALABAMA RURAL ELECTRIC CREDIT UNION
PO BOX 240547
MONTGOMERY, AL 36124
TUSKEGEE FEDERAL CREDIT UNION
304 W MONTGOMERY RD.
TUSKEGEE, AL 36083-1520
EAST ALABAMA COMMUNITY FEDERAL CREDIT UNION
P.O. BOX 2588
OPELIKA, AL 36803
SYCAMORE FEDERAL CREDIT UNION
PO BOX 423
SYCAMORE, AL 35149
FOUR SEASONS FEDERAL CREDIT UNION
2915 PEPPERELL PKWY
OPELIKA, AL 36801-6127
ALABAMA STATE EMPLOYEES CREDIT UNION
4217 Lomac St
MONTGOMERY, AL 36106