Credit Unions Near Me
National Credit Union Service Organization

FLORIDA A & M UNIVERSITY FEDERAL CREDIT UNION

Dec, 31, 2020 — FLORIDA A & M UNIVERSITY FEDERAL CREDIT UNION is a federal credit union headquartered in Tallahassee, FL with 1 branch location and about $24.14 million in total assets. Opened 86 years ago in 1935, FLORIDA A & M UNIVERSITY FEDERAL CREDIT UNION has about 3,187 members and employs 8 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:FLORIDA A & M UNIVERSITY FEDERAL CREDIT UNION
Address:
(Main Office)
1610 S Monroe St
Tallahassee, FL 32301-5524
Phone:(850) 222-4541
Fax:(850) 222-5401
Website:http://www.famufcu.com
Branches:1 branch locations
Members:3,187
Credit Union Type:Federal Credit Union
Charter Number:187
Membership Type:Multiple common bond - Primarily educational
Corporate Credit Union:No
Year Opened:1935
Last Audited:Dec 01, 2019
FHLB Member:No
Low Income Designation:No
Assets:$24,138,606
CEO/Manager:Sheilah Montgomery
Chairperson:Lorenzo Alexander

Call Report

  • Commercial Loans
  • Direct Financing Leases
  • Interest Only or Payment Option 1st Mortgage Loans
  • Overdraft Protection
  • Participation Loans
  • Real Estate Loans
  • Risk Based Loans
  • ATM/Debit Card Program
  • Commercial Share Accounts
  • International Remittances
  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 9,726,212
TOTAL INVESTMENTS 1,436,213
Loans Held for Sale 0
 
 Real Estate Loans 3,932,220
 Unsecured Loans 998,148
 Other Loans 5,525,960
 TOTAL LOANS 10,588,482
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -187,832
 Land And Building 963,492
 Other Fixed Assets 22,277
 NCUSIF Deposit 176,515
 All Other Assets 1,413,247
  TOTAL ASSETS 24,138,606
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 238,281
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 281,839
 Share Drafts 4,660,476
 Regular shares 11,526,969
 All Other Shares & Deposits 5,719,149
  TOTAL SHARES & DEPOSITS 21,906,594
  TOTAL LIABILITIES 22,426,714
 Regular Reserve 422,467
 Other Reserves 0
 Undivided Earnings 1,289,425
  TOTAL EQUITY 1,711,892
  TOTAL LIABILITIES, SHARES, & EQUITY 24,138,606
INCOME & EXPENSE  
 Loan Income 818,324
 Investment Income 46,148
 Other Income 1,336,061
 Total Employee Compensation & Benefits 401,182
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 825,650
 Non-operating Income & (Expense) 184,629
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 87,810
 Cost of Funds 40,423
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 1,030,097
↑ Back to Top

Other Credit Unions

TALLAHASSEE COMMUNITY FEDERAL CREDIT UNION
P O BOX 1366
TALLAHASSEE, FL 32302
MADISON EDUCATION ASSOC. CREDIT UNION
P O BOX 449
MADISON, FL 32341
FLORIDA RURAL ELECTRIC CREDIT UNION
P.O. BOX 1697
TALLAHASSEE, FL 32302-1697
FLAG CREDIT UNION
3115 Conner Blvd
TALLAHASSEE, FL 32311
JEFFERSON COUNTY TEACHERS CREDIT UNION
1500 W Washington St
MONTICELLO, FL 32344-1134
JACKSON COUNTY TEACHERS CREDIT UNION
PO BOX 954
MARIANNA, FL 32447
T M H FEDERAL CREDIT UNION
345 S MAGNOLIA DR
TALLAHASSEE, FL 32301
FL. DEPT. OF TRANSPORTATION` CREDIT UNION
640 E GAINES ST
TALLAHASSEE, FL 32301-2400
TALLAHASSEE-LEON FEDERAL CREDIT UNION
1827 CAPITAL CIRCLE NE
TALLAHASSEE, FL 32308
CALHOUN-LIBERTY EMPLOYEES CREDIT UNION
17394 NW CHARLIE JOHNS ST
BLOUNTSTOWN, FL 32424