Dec, 31, 2023 — TOMBIGBEE FEDERAL CREDIT UNION is a federal credit union headquartered in AMORY, MS with 1 branch location and about $5.68 million in total assets. Opened 58 years ago in 1966, TOMBIGBEE FEDERAL CREDIT UNION has about 1,089 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: | TOMBIGBEE FEDERAL CREDIT UNION |
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Address: (Main Office) | 1010 TRUE TEMPER CIR AMORY, MS 38821-8610 |
Phone: | (662) 256-2791 |
Fax: | (662) 257-6198 |
Website: | https://www.tombigb.virtualcu.net |
Branches: | 1 branch locations |
Members: | 1,089 |
Credit Union Type: | Federal Credit Union |
Charter Number: | 17681 |
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Membership Type: | Community credit unions, urban or rural, other than those designated 'low income' |
Corporate Credit Union: | No |
Year Opened: | 1966 |
Last Audited: | Nov 01, 2022 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $5,677,174 |
CEO/Manager: | CAROLYN A LOGAN |
Chairperson: | DANNY R STANFORD |
ASSETS: | $ Amount |
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Cash & Equivalents | 224,908 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 0 |
Real Estate Loans | 0 |
Unsecured Loans | 201,843 |
Other Loans | 2,520,398 |
TOTAL LOANS | 2,722,241 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -12,309 |
Land And Building | 19,687 |
Other Fixed Assets | 295 |
NCUSIF Deposit | 51,792 |
All Other Assets | 0 |
TOTAL ASSETS | 5,677,174 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 0 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 12,582 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 0 |
Regular shares | 4,811,305 |
All Other Shares & Deposits | 0 |
TOTAL SHARES & DEPOSITS | 4,811,305 |
TOTAL LIABILITIES | 4,823,887 |
Regular Reserve | 0 |
Other Reserves | 0 |
Undivided Earnings | 853,287 |
TOTAL EQUITY | 853,287 |
TOTAL LIABILITIES, SHARES, & EQUITY | 5,677,174 |
INCOME & EXPENSE | |
Loan Income | 162,018 |
Investment Income | 59,064 |
Other Income | 13,863 |
Total Employee Compensation & Benefits | 122,376 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 62,881 |
Non-operating Income & (Expense) | 0 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 37,875 |
Cost of Funds | 22,368 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | -8,820 |
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» See also Statement of Financial Condition