Credit Unions Near Me
National Credit Union Service Organization

E L C O FEDERAL CREDIT UNION

Dec, 31, 2020 — E L C O FEDERAL CREDIT UNION is a federal credit union headquartered in Elberton, GA with 1 branch location and about $3.31 million in total assets. Opened 46 years ago in 1975, E L C O FEDERAL CREDIT UNION has about 666 members and employs 4 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:E L C O FEDERAL CREDIT UNION
Address:
(Main Office)
PO Box 6129
Elberton, GA 30635
Phone:(706) 213-4186
Fax:(706) 283-6601
Website:n/a
Branches:1 branch locations
Members:666
Credit Union Type:Federal Credit Union
Charter Number:22083
Membership Type:Educational
Corporate Credit Union:No
Year Opened:1975
Last Audited:Jun 01, 2020
FHLB Member:No
Low Income Designation:No
Assets:$3,309,314
CEO/Manager:Joanne S Dyal
Chairperson:Kathy Poss

Call Report

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 545,442
TOTAL INVESTMENTS 466,562
Loans Held for Sale 0
 
 Real Estate Loans 0
 Unsecured Loans 488,915
 Other Loans 1,846,277
 TOTAL LOANS 2,335,192
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -76,079
 Land And Building 0
 Other Fixed Assets 2,341
 NCUSIF Deposit 24,459
 All Other Assets 11,397
  TOTAL ASSETS 3,309,314
LIABILITIES & CAPITAL:  
 Dividends Payable 4,822
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 7,873
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 0
 Regular shares 2,126,865
 All Other Shares & Deposits 403,559
  TOTAL SHARES & DEPOSITS 2,530,424
  TOTAL LIABILITIES 2,543,119
 Regular Reserve 59,299
 Other Reserves 0
 Undivided Earnings 706,896
  TOTAL EQUITY 766,195
  TOTAL LIABILITIES, SHARES, & EQUITY 3,309,314
INCOME & EXPENSE  
 Loan Income 157,491
 Investment Income 5,541
 Other Income 18,896
 Total Employee Compensation & Benefits 67,083
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 45,908
 Non-operating Income & (Expense) -2,246
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense -300
 Cost of Funds 16,018
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 50,973
↑ Back to Top

Other Credit Unions

TABERNACLE FEDERAL CREDIT UNION
1223 Laney Walker Blvd.
AUGUSTA, GA 30901-2795
PATTERSON PUMP FEDERAL CREDIT UNION
P O Box 790
TOCCOA, GA 30577
OMEGA PSI PHI FRATERNITY FEDERAL CREDIT UNION
568 Liberty Hill Rd, c/o Peach Stat
TOCCOA, GA 30577-7996
UNITED NEIGHBORHOOD FEDERAL CREDIT UNION
1434 Poplar St
AUGUSTA, GA 30901
FIRST RELIANCE FEDERAL CREDIT UNION
PO BOX 80505
ATHENS, GA 30608
THE WRIGHT CREDIT UNION
PO BOX 238
TOCCOA, GA 30577
FIELDALE CREDIT UNION
PO BOX 558
BALDWIN, GA 30511
NORTH MAIN CREDIT UNION
255 N MAIN ST
CORNELIA, GA 30531
NORTH GEORGIA CREDIT UNION
P.O. Box 280
TOCCOA, GA 30577