Dec, 31, 2023 — T M H FEDERAL CREDIT UNION is a federal credit union headquartered in TALLAHASSEE, FL with 2 branch locations and about $86.76 million in total assets. Opened 62 years ago in 1962, T M H FEDERAL CREDIT UNION has about 8,623 members and employs 21 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | T M H FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 345 S Magnolia Dr TALLAHASSEE, FL 32301 |
| Phone: | (850) 402-5301 |
| Fax: | (850) 402-5334 |
| Website: | https://www.tmhfcu.org |
| Branches: | 2 branch locations |
| Members: | 8,623 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 15175 |
|---|---|
| Membership Type: | Service - Health Care |
| Corporate Credit Union: | No |
| Year Opened: | 1962 |
| Last Audited: | Dec 01, 2022 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $86,756,030 |
| CEO/Manager: | Timothy Cook |
| Chairperson: | Johanna L Peters |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 10,961,013 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 10,460,352 |
| Unsecured Loans | 8,179,868 |
| Other Loans | 47,252,262 |
| TOTAL LOANS | 65,892,482 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -625,242 |
| Land And Building | 2,297,022 |
| Other Fixed Assets | 357,854 |
| NCUSIF Deposit | 759,306 |
| All Other Assets | 70,116 |
| TOTAL ASSETS | 86,756,030 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 1,168,122 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 19,652,491 |
| Regular shares | 30,218,970 |
| All Other Shares & Deposits | 27,484,507 |
| TOTAL SHARES & DEPOSITS | 77,355,968 |
| TOTAL LIABILITIES | 78,524,090 |
| Regular Reserve | 0 |
| Other Reserves | 755,133 |
| Undivided Earnings | 7,476,807 |
| TOTAL EQUITY | 8,231,940 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 86,756,030 |
| INCOME & EXPENSE | |
| Loan Income | 3,040,105 |
| Investment Income | 285,923 |
| Other Income | 894,310 |
| Total Employee Compensation & Benefits | 1,512,218 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 2,369,833 |
| Non-operating Income & (Expense) | -8,831 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 257,473 |
| Cost of Funds | 517,295 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 174,764 |
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