Mar, 31, 2022 — WALTON COUNTY TEACHERS FEDERAL CREDIT UNION is a federal credit union headquartered in DEFUNIAK SPRINGS, FL with 1 branch location and about $28.00 million in total assets. Opened 61 years ago in 1961, WALTON COUNTY TEACHERS FEDERAL CREDIT UNION has about 3,228 members and employs 7 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | WALTON COUNTY TEACHERS FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | WALTON COUNTY TEACHERS FCU DEFUNIAK SPRINGS, FL 32433-1416 |
| Phone: | (850) 892-2024 |
| Fax: | |
| Website: | http://waltoncountyteachersfcu.com |
| Branches: | 1 branch locations |
| Members: | 3,228 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 14186 |
|---|---|
| Membership Type: | Community credit unions, urban or rural, other than those designated 'low income' |
| Corporate Credit Union: | No |
| Year Opened: | 1961 |
| Last Audited: | Mar 01, 2021 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $27,996,722 |
| CEO/Manager: | Tracy Hall |
| Chairperson: | Dawn T Manning |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 9,501,890 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 1,141,368 |
| Unsecured Loans | 952,484 |
| Other Loans | 7,437,622 |
| TOTAL LOANS | 9,531,474 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -46,434 |
| Land And Building | 245,056 |
| Other Fixed Assets | 65,634 |
| NCUSIF Deposit | 232,909 |
| All Other Assets | 0 |
| TOTAL ASSETS | 27,996,722 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 204,757 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 8,384,753 |
| Regular shares | 14,752,374 |
| All Other Shares & Deposits | 3,033,718 |
| TOTAL SHARES & DEPOSITS | 26,170,845 |
| TOTAL LIABILITIES | 26,375,602 |
| Regular Reserve | 0 |
| Other Reserves | -33,209 |
| Undivided Earnings | 1,654,329 |
| TOTAL EQUITY | 1,621,120 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 27,996,722 |
| INCOME & EXPENSE | |
| Loan Income | 105,712 |
| Investment Income | 12,339 |
| Other Income | 67,080 |
| Total Employee Compensation & Benefits | 86,052 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 152,327 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 12,585 |
| Cost of Funds | 2,762 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | -18,314 |
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