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FOGCE FEDERAL CREDIT UNION

Mar, 31, 2021 — FOGCE FEDERAL CREDIT UNION is a federal credit union headquartered in Eutaw, AL with 1 branch location and about $1.49 million in total assets. Opened 46 years ago in 1975, FOGCE FEDERAL CREDIT UNION has about 808 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:FOGCE FEDERAL CREDIT UNION
Address:
(Main Office)
PO Box 543
Eutaw, AL 35462
Phone:(205) 372-9025
Fax:(205) 372-3627
Website:n/a
Branches:1 branch locations
Members:808
Credit Union Type:Federal Credit Union
Charter Number:22131
Membership Type:Community credit unions, urban or rural, other than those designated 'low income'
Corporate Credit Union:No
Year Opened:1975
Last Audited:Dec 01, 2019
FHLB Member:No
Low Income Designation:No
Assets:$1,487,311
CEO/Manager:JOYCE M PHAM
Chairperson:Carol P Zippert

Call Report

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 363,199
TOTAL INVESTMENTS 728,017
Loans Held for Sale 0
 
 Real Estate Loans 0
 Unsecured Loans 60,602
 Other Loans 294,114
 TOTAL LOANS 354,716
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -8,288
 Land And Building 25,572
 Other Fixed Assets 6,622
 NCUSIF Deposit 10,462
 All Other Assets 7,011
  TOTAL ASSETS 1,487,311
LIABILITIES & CAPITAL:  
 Dividends Payable 62
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 5,620
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 0
 Regular shares 1,062,714
 All Other Shares & Deposits 100,000
  TOTAL SHARES & DEPOSITS 1,162,714
  TOTAL LIABILITIES 1,168,396
 Regular Reserve 74,342
 Other Reserves 0
 Undivided Earnings 244,573
  TOTAL EQUITY 318,915
  TOTAL LIABILITIES, SHARES, & EQUITY 1,487,311
INCOME & EXPENSE  
 Loan Income 7,332
 Investment Income 1,491
 Other Income 1,055
 Total Employee Compensation & Benefits 9,315
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 7,088
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 0
 Cost of Funds 524
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) -5,965
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