INTERSTATE UNLIMITED FEDERAL CREDIT UNION is no longer an active credit union according to the NCUA. If available, you can view their website at https://iufcu.org for more information.
Dec, 31, 2023 — INTERSTATE UNLIMITED FEDERAL CREDIT UNION is a federal credit union headquartered in Jesup, GA with 5 branch locations and about $211.58 million in total assets. Opened 56 years ago in 1968, INTERSTATE UNLIMITED FEDERAL CREDIT UNION has about 25,011 members and employs 59 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
Name: | INTERSTATE UNLIMITED FEDERAL CREDIT UNION |
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Address: (Main Office) | 705 West Cherry Street Jesup, GA 31545 |
Phone: | (912) 427-3904 |
Fax: | (912) 559-6025 |
Website: | https://iufcu.org |
Branches: | 5 branch locations |
Members: | 25,011 |
Credit Union Type: | Federal Credit Union |
Charter Number: | 18707 |
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Membership Type: | Community - Rural District |
Corporate Credit Union: | No |
Year Opened: | 1968 |
Last Audited: | Jun 01, 2019 |
FHLB Member: | Yes |
Low Income Designation: | No |
Assets: | $211,583,507 |
CEO/Manager: | Stacie B Branch |
Chairperson: | Jerry Jones |
ASSETS: | $ Amount |
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Cash & Equivalents | 26,899,931 |
TOTAL INVESTMENTS | 21,143,708 |
Loans Held for Sale | 0 |
Real Estate Loans | 26,214,227 |
Unsecured Loans | 13,623,706 |
Other Loans | 110,843,324 |
TOTAL LOANS | 150,681,257 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -875,830 |
Land And Building | 4,679,578 |
Other Fixed Assets | 486,609 |
NCUSIF Deposit | 1,463,557 |
All Other Assets | 7,104,697 |
TOTAL ASSETS | 211,583,507 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 0 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 2,698,273 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 34,806,339 |
Regular shares | 50,506,057 |
All Other Shares & Deposits | 92,093,261 |
TOTAL SHARES & DEPOSITS | 177,405,657 |
TOTAL LIABILITIES | 180,103,930 |
Regular Reserve | 660,723 |
Other Reserves | 7,758,053 |
Undivided Earnings | 23,060,801 |
TOTAL EQUITY | 31,479,577 |
TOTAL LIABILITIES, SHARES, & EQUITY | 211,583,507 |
INCOME & EXPENSE | |
Loan Income | 4,124,527 |
Investment Income | 262,176 |
Other Income | 2,209,722 |
Total Employee Compensation & Benefits | 1,810,034 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 2,189,138 |
Non-operating Income & (Expense) | 0 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 451,996 |
Cost of Funds | 893,421 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | 1,251,836 |
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