Dec, 31, 2023 — COFFEE COUNTY TEACHERS FEDERAL CREDIT UNION is a federal credit union headquartered in DOUGLAS, GA with 1 branch location and about $3.43 million in total assets. Opened 60 years ago in 1964, COFFEE COUNTY TEACHERS FEDERAL CREDIT UNION has about 1,027 members and employs 4 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
Name: | COFFEE COUNTY TEACHERS FEDERAL CREDIT UNION |
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Address: (Main Office) | 1006 Madison Ave N DOUGLAS, GA 31533-3128 |
Phone: | (912) 384-2866 |
Fax: | (912) 384-5155 |
Website: | n/a |
Branches: | 1 branch locations |
Members: | 1,027 |
Credit Union Type: | Federal Credit Union |
Charter Number: | 16014 |
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Membership Type: | Multiple common bond - Primarily educational |
Corporate Credit Union: | No |
Year Opened: | 1964 |
Last Audited: | Jun 01, 2023 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $3,425,396 |
CEO/Manager: | Sandra Andrade |
Chairperson: | Vivian Loving |
ASSETS: | $ Amount |
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Cash & Equivalents | 587,728 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 0 |
Real Estate Loans | 0 |
Unsecured Loans | 538,259 |
Other Loans | 2,124,621 |
TOTAL LOANS | 2,662,880 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -86,982 |
Land And Building | 52,531 |
Other Fixed Assets | 2,790 |
NCUSIF Deposit | 32,400 |
All Other Assets | 0 |
TOTAL ASSETS | 3,425,396 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 0 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 4,162 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 0 |
Regular shares | 2,824,052 |
All Other Shares & Deposits | 28,157 |
TOTAL SHARES & DEPOSITS | 2,852,211 |
TOTAL LIABILITIES | 2,856,373 |
Regular Reserve | 0 |
Other Reserves | 0 |
Undivided Earnings | 569,023 |
TOTAL EQUITY | 569,023 |
TOTAL LIABILITIES, SHARES, & EQUITY | 3,425,396 |
INCOME & EXPENSE | |
Loan Income | 263,640 |
Investment Income | 16,032 |
Other Income | 38,305 |
Total Employee Compensation & Benefits | 139,031 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 90,695 |
Non-operating Income & (Expense) | 184,336 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 5,922 |
Cost of Funds | 5,597 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | 261,068 |
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