Dec, 31, 2023 — NORTHSIDE FEDERAL CREDIT UNION is a federal credit union headquartered in ATLANTA, GA with 2 branch locations and about $21.84 million in total assets. Opened 54 years ago in 1970, NORTHSIDE FEDERAL CREDIT UNION has about 6,236 members and employs 7 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
Name: | NORTHSIDE FEDERAL CREDIT UNION |
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Address: (Main Office) | 980 Johnson Ferry Rd ATLANTA, GA 30342 |
Phone: | (404) 851-6389 |
Fax: | (404) 845-5033 |
Website: | https://www.northsidefcu.com |
Branches: | 2 branch locations |
Members: | 6,236 |
Credit Union Type: | Federal Credit Union |
Charter Number: | 20410 |
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Membership Type: | Service - Health Care |
Corporate Credit Union: | No |
Year Opened: | 1970 |
Last Audited: | Sep 01, 2023 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $21,842,069 |
CEO/Manager: | Amy Brown |
Chairperson: | Teresa M Wood |
ASSETS: | $ Amount |
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Cash & Equivalents | 2,382,210 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 0 |
Real Estate Loans | 0 |
Unsecured Loans | 1,729,158 |
Other Loans | 12,103,350 |
TOTAL LOANS | 13,832,508 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -124,220 |
Land And Building | 0 |
Other Fixed Assets | 21,170 |
NCUSIF Deposit | 203,091 |
All Other Assets | 0 |
TOTAL ASSETS | 21,842,069 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 355 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 11,773 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 0 |
Regular shares | 18,495,687 |
All Other Shares & Deposits | 124,043 |
TOTAL SHARES & DEPOSITS | 18,619,730 |
TOTAL LIABILITIES | 18,631,858 |
Regular Reserve | 0 |
Other Reserves | 248,885 |
Undivided Earnings | 2,961,326 |
TOTAL EQUITY | 3,210,211 |
TOTAL LIABILITIES, SHARES, & EQUITY | 21,842,069 |
INCOME & EXPENSE | |
Loan Income | 660,975 |
Investment Income | 257,203 |
Other Income | 160,048 |
Total Employee Compensation & Benefits | 357,735 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 253,439 |
Non-operating Income & (Expense) | 0 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 75,917 |
Cost of Funds | 36,381 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | 365,285 |
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