Sep, 30, 2025 — LANIER FEDERAL CREDIT UNION is a federal credit union headquartered in OAKWOOD, GA with 3 branch locations and about $70.25 million in total assets. Opened 57 years ago in 1969, LANIER FEDERAL CREDIT UNION has about 8,608 members and employs 21 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | LANIER FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 3718 Mundy Mill Rd OAKWOOD, GA 30566-3417 |
| Phone: | (770) 503-1765 |
| Fax: | (770) 503-1865 |
| Website: | https://www.lanierfcu.org |
| Branches: | 3 branch locations |
| Members: | 8,608 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 19552 |
|---|---|
| Membership Type: | Community credit unions, urban or rural, other than those designated 'low income' |
| Corporate Credit Union: | No |
| Year Opened: | 1969 |
| Last Audited: | Jun 01, 2025 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $70,254,706 |
| CEO/Manager: | Todd A Jones |
| Chairperson: | Danny J Owen |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 6,929,925 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 9,579,228 |
| Unsecured Loans | 3,576,578 |
| Other Loans | 43,223,589 |
| TOTAL LOANS | 57,270,419 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -5,028 |
| Land And Building | 1,674,533 |
| Other Fixed Assets | 782,923 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 594,565 |
| All Other Assets | 141,768 |
| TOTAL ASSETS | 70,254,706 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 308,975 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 563,320 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 11,295,185 |
| Regular shares | 26,362,361 |
| All Other Shares & Deposits | 24,941,035 |
| TOTAL SHARES & DEPOSITS | 62,598,580 |
| TOTAL LIABILITIES | 63,470,875 |
| Regular Reserve | 0 |
| Other Reserves | 682,848 |
| Undivided Earnings | 6,100,983 |
| TOTAL EQUITY | 6,783,831 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 70,254,706 |
| INCOME & EXPENSE | |
| Loan Income | 2,355,781 |
| Investment Income | 463,157 |
| Other Income | 185,791 |
| Total Employee Compensation & Benefits | 1,117,016 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 1,598,253 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 72,198 |
| Cost of Funds | 545,432 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 476,144 |
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