Sep, 30, 2025 — SHELBY COUNTY FEDERAL CREDIT UNION is a federal credit union headquartered in CORDOVA, TN with 3 branch locations and about $90.84 million in total assets. Opened 65 years ago in 1961, SHELBY COUNTY FEDERAL CREDIT UNION has about 9,640 members and employs 32 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | SHELBY COUNTY FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 7000 Goodlett Farms Pkwy Ste 100 CORDOVA, TN 38016-4917 |
| Phone: | (901) 810-7283 |
| Fax: | |
| Website: | https://www.shelbycountycu.com |
| Branches: | 3 branch locations |
| Members: | 9,640 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 14733 |
|---|---|
| Membership Type: | Community credit unions, urban or rural, other than those designated 'low income' |
| Corporate Credit Union: | No |
| Year Opened: | 1961 |
| Last Audited: | Dec 01, 2024 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $90,842,389 |
| CEO/Manager: | Raffael Crockett |
| Chairperson: | Lisa Wimberly |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 25,359,063 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 8,128 |
| Unsecured Loans | 8,850,362 |
| Other Loans | 26,739,893 |
| TOTAL LOANS | 35,598,383 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -633,954 |
| Land And Building | 260,156 |
| Other Fixed Assets | 415,942 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 711,550 |
| All Other Assets | 16,524 |
| TOTAL ASSETS | 90,842,389 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 1,418,952 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 16,730,140 |
| Regular shares | 50,940,585 |
| All Other Shares & Deposits | 8,129,073 |
| TOTAL SHARES & DEPOSITS | 75,799,798 |
| TOTAL LIABILITIES | 77,218,750 |
| Regular Reserve | 0 |
| Other Reserves | 16,897 |
| Undivided Earnings | 13,606,742 |
| TOTAL EQUITY | 13,623,639 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 90,842,389 |
| INCOME & EXPENSE | |
| Loan Income | 1,819,814 |
| Investment Income | 1,226,690 |
| Other Income | 1,008,146 |
| Total Employee Compensation & Benefits | 1,669,747 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 1,674,892 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 386,221 |
| Cost of Funds | 147,332 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 226,965 |
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