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LOCAL 461 FEDERAL CREDIT UNION

Mar, 31, 2021 — LOCAL 461 FEDERAL CREDIT UNION is a federal credit union headquartered in MACON, GA with 1 branch location and about $1.34 million in total assets. Opened 48 years ago in 1973, LOCAL 461 FEDERAL CREDIT UNION has about 547 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:LOCAL 461 FEDERAL CREDIT UNION
Address:
(Main Office)
1038 GUY PAINE RD
MACON, GA 31206
Phone:(478) 788-2539
Fax:(478) 781-5163
Website:n/a
Branches:1 branch locations
Members:547
Credit Union Type:Federal Credit Union
Charter Number:21297
Membership Type:Manufacturing - All Other
Corporate Credit Union:No
Year Opened:1973
Last Audited:Mar 01, 2021
FHLB Member:No
Low Income Designation:No
Assets:$1,337,155
CEO/Manager:MARCI W BARTON
Chairperson:WILLIAM R FLOWERS

Call Report

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 223,449
TOTAL INVESTMENTS 157,453
Loans Held for Sale 0
 
 Real Estate Loans 0
 Unsecured Loans 77,455
 Other Loans 866,238
 TOTAL LOANS 943,693
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -3,292
 Land And Building 0
 Other Fixed Assets 5
 NCUSIF Deposit 10,040
 All Other Assets 5,807
  TOTAL ASSETS 1,337,155
LIABILITIES & CAPITAL:  
 Dividends Payable 81
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 8,255
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 0
 Regular shares 945,932
 All Other Shares & Deposits 188,273
  TOTAL SHARES & DEPOSITS 1,134,205
  TOTAL LIABILITIES 1,142,541
 Regular Reserve 49,288
 Other Reserves 0
 Undivided Earnings 145,326
  TOTAL EQUITY 194,614
  TOTAL LIABILITIES, SHARES, & EQUITY 1,337,155
INCOME & EXPENSE  
 Loan Income 18,714
 Investment Income 543
 Other Income 529
 Total Employee Compensation & Benefits 12,299
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 5,137
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 0
 Cost of Funds 799
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 2,685
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