Mar, 31, 2022 — COFFEE COUNTY TEACHERS FEDERAL CREDIT UNION is a federal credit union headquartered in DOUGLAS, GA with 1 branch location and about $3.97 million in total assets. Opened 58 years ago in 1964, COFFEE COUNTY TEACHERS FEDERAL CREDIT UNION has about 1,350 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 |
|---|---|
| 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: | 1,350 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 16014 |
|---|---|
| Membership Type: | Multiple common bond - Primarily educational |
| Corporate Credit Union: | No |
| Year Opened: | 1964 |
| Last Audited: | Mar 01, 2021 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $3,966,489 |
| CEO/Manager: | Tiffany Chisnall |
| Chairperson: | Michael Stull |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 814,783 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 0 |
| Unsecured Loans | 270,747 |
| Other Loans | 2,836,745 |
| TOTAL LOANS | 3,107,492 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -101,607 |
| Land And Building | 31,445 |
| Other Fixed Assets | 5,736 |
| NCUSIF Deposit | 27,806 |
| All Other Assets | 0 |
| TOTAL ASSETS | 3,966,489 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 1,215 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 43,319 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 0 |
| Regular shares | 3,251,724 |
| All Other Shares & Deposits | 37,632 |
| TOTAL SHARES & DEPOSITS | 3,289,356 |
| TOTAL LIABILITIES | 3,333,890 |
| Regular Reserve | 0 |
| Other Reserves | 61,861 |
| Undivided Earnings | 570,738 |
| TOTAL EQUITY | 632,599 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 3,966,489 |
| INCOME & EXPENSE | |
| Loan Income | 72,756 |
| Investment Income | 48 |
| Other Income | 6,237 |
| Total Employee Compensation & Benefits | 29,987 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 61,048 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 24,606 |
| Cost of Funds | -1,384 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | -29,272 |
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