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COWETA CITIES & COUNTY EMPLOYEES FEDERAL CREDIT UNION

Mar, 31, 2022 — COWETA CITIES & COUNTY EMPLOYEES FEDERAL CREDIT UNION is a federal credit union headquartered in NEWNAN, GA with 1 branch location and about $28.80 million in total assets. Opened 51 years ago in 1971, COWETA CITIES & COUNTY EMPLOYEES FEDERAL CREDIT UNION has about 3,086 members and employs 5 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:COWETA CITIES & COUNTY EMPLOYEES FEDERAL CREDIT UNION
Address:
(Main Office)
43 Jefferson Pkwy
NEWNAN, GA 30263-5813
Phone:(770) 253-2273
Fax:(770) 253-4218
Website:http://www.cccefcu.org
Branches:1 branch locations
Members:3,086
Credit Union Type:Federal Credit Union
Charter Number:20509
Membership Type:Multiple common bond - Primarily federal, state, local government
Corporate Credit Union:No
Year Opened:1971
Last Audited:May 01, 2021
FHLB Member:No
Low Income Designation:No
Assets:$28,801,372
CEO/Manager:Rebecca A McCollum
Chairperson:Travis W Hall

Call Report

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 1,989,019
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 0
 Unsecured Loans 354,810
 Other Loans 8,086,275
 TOTAL LOANS 8,441,085
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -21,300
 Land And Building 273,254
 Other Fixed Assets 19,868
 NCUSIF Deposit 204,881
 All Other Assets 0
  TOTAL ASSETS 28,801,372
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 24,881
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 113,040
 Regular shares 21,775,300
 All Other Shares & Deposits 3,082,836
  TOTAL SHARES & DEPOSITS 24,971,176
  TOTAL LIABILITIES 24,996,057
 Regular Reserve 0
 Other Reserves 0
 Undivided Earnings 3,805,315
  TOTAL EQUITY 3,805,315
  TOTAL LIABILITIES, SHARES, & EQUITY 28,801,372
INCOME & EXPENSE  
 Loan Income 100,759
 Investment Income 12,933
 Other Income 11,249
 Total Employee Compensation & Benefits 66,721
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 52,601
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 0
 Cost of Funds 3,615
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 2,004
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