Dec, 31, 2023 — NUCOR EMPLOYEES FEDERAL CREDIT UNION is a federal credit union headquartered in FORT PAYNE, AL with 1 branch location and about $2.60 million in total assets. Opened 61 years ago in 1963, NUCOR EMPLOYEES FEDERAL CREDIT UNION has about 303 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 |
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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: | 303 |
Credit Union Type: | Federal Credit Union |
Charter Number: | 15752 |
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Membership Type: | Manufacturing - Primary and Fabricated Metals |
Corporate Credit Union: | No |
Year Opened: | 1963 |
Last Audited: | Jun 01, 2023 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $2,600,777 |
CEO/Manager: | Janee M Koch |
Chairperson: | Daphne Bright |
ASSETS: | $ Amount |
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Cash & Equivalents | 412,751 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 0 |
Real Estate Loans | 0 |
Unsecured Loans | 105,924 |
Other Loans | 1,263,714 |
TOTAL LOANS | 1,369,638 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -6,848 |
Land And Building | 0 |
Other Fixed Assets | 128 |
NCUSIF Deposit | 20,560 |
All Other Assets | 0 |
TOTAL ASSETS | 2,600,777 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 2,409 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 12,165 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 0 |
Regular shares | 1,911,128 |
All Other Shares & Deposits | 0 |
TOTAL SHARES & DEPOSITS | 1,911,128 |
TOTAL LIABILITIES | 1,925,702 |
Regular Reserve | 0 |
Other Reserves | 130,891 |
Undivided Earnings | 544,184 |
TOTAL EQUITY | 675,075 |
TOTAL LIABILITIES, SHARES, & EQUITY | 2,600,777 |
INCOME & EXPENSE | |
Loan Income | 63,271 |
Investment Income | 43,225 |
Other Income | 450 |
Total Employee Compensation & Benefits | 64,114 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 20,980 |
Non-operating Income & (Expense) | 0 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | -4,175 |
Cost of Funds | 6,733 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | 19,294 |
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