Dec, 31, 2022 — GARLAND COUNTY EDUCATORS FEDERAL CREDIT UNION is a federal credit union headquartered in HOT SPRINGS, AR with 2 branch locations and about $4.90 million in total assets. Opened 55 years ago in 1968, GARLAND COUNTY EDUCATORS FEDERAL CREDIT UNION has about 768 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
Name: | GARLAND COUNTY EDUCATORS FEDERAL CREDIT UNION |
---|---|
Address: (Main Office) | 190 Aviation Plz Ste E HOT SPRINGS, AR 71913-5531 |
Phone: | (501) 623-9230 |
Fax: | (501) 318-2317 |
Website: | https://www.gcefcuhotsprings.org |
Branches: | 2 branch locations |
Members: | 768 |
Credit Union Type: | Federal Credit Union |
Charter Number: | 18814 |
---|---|
Membership Type: | Educational |
Corporate Credit Union: | No |
Year Opened: | 1968 |
Last Audited: | Dec 01, 2021 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $4,896,170 |
CEO/Manager: | Johnny Anderson |
Chairperson: | Steven Campbell |
ASSETS: | $ Amount |
---|---|
Cash & Equivalents | 1,060,671 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 0 |
Real Estate Loans | 0 |
Unsecured Loans | 485,445 |
Other Loans | 3,299,290 |
TOTAL LOANS | 3,784,735 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -24,112 |
Land And Building | 0 |
Other Fixed Assets | 2,075 |
NCUSIF Deposit | 52,409 |
All Other Assets | 0 |
TOTAL ASSETS | 4,896,170 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 0 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 3,317 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 0 |
Regular shares | 3,443,057 |
All Other Shares & Deposits | 853,063 |
TOTAL SHARES & DEPOSITS | 4,296,120 |
TOTAL LIABILITIES | 4,299,437 |
Regular Reserve | 0 |
Other Reserves | 0 |
Undivided Earnings | 596,733 |
TOTAL EQUITY | 596,733 |
TOTAL LIABILITIES, SHARES, & EQUITY | 4,896,170 |
INCOME & EXPENSE | |
Loan Income | 205,711 |
Investment Income | 4,532 |
Other Income | 18,168 |
Total Employee Compensation & Benefits | 73,618 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 56,631 |
Non-operating Income & (Expense) | -1,656 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 5,771 |
Cost of Funds | 15,839 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | 76,202 |
↑ Back to Top |