Sep, 30, 2022 — NUCOR EMPLOYEES FEDERAL CREDIT UNION is a federal credit union headquartered in FORT PAYNE, AL with 1 branch location and about $2.66 million in total assets. Opened 60 years ago in 1963, NUCOR EMPLOYEES FEDERAL CREDIT UNION has about 310 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | NUCOR EMPLOYEES FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 7205 Gault Ave N FORT PAYNE, AL 35967 |
| Phone: | (256) 997-5058 |
| Fax: | (256) 845-1090 |
| Website: | n/a |
| Branches: | 1 branch locations |
| Members: | 310 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 15752 |
|---|---|
| Membership Type: | Manufacturing - Primary and Fabricated Metals |
| Corporate Credit Union: | No |
| Year Opened: | 1963 |
| Last Audited: | Jun 01, 2021 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $2,664,561 |
| CEO/Manager: | Janee M Koch |
| Chairperson: | Daphne Bright |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 1,061,535 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 0 |
| Unsecured Loans | 104,167 |
| Other Loans | 873,987 |
| TOTAL LOANS | 978,154 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -4,891 |
| Land And Building | 0 |
| Other Fixed Assets | 233 |
| NCUSIF Deposit | 22,247 |
| All Other Assets | 0 |
| TOTAL ASSETS | 2,664,561 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 754 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 9,002 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 0 |
| Regular shares | 1,996,880 |
| All Other Shares & Deposits | 0 |
| TOTAL SHARES & DEPOSITS | 1,996,880 |
| TOTAL LIABILITIES | 2,006,636 |
| Regular Reserve | 0 |
| Other Reserves | 130,891 |
| Undivided Earnings | 527,034 |
| TOTAL EQUITY | 657,925 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 2,664,561 |
| INCOME & EXPENSE | |
| Loan Income | 40,110 |
| Investment Income | 8,868 |
| Other Income | 0 |
| Total Employee Compensation & Benefits | 45,087 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 12,251 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | -4,513 |
| Cost of Funds | 2,008 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | -5,837 |
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