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FLINT RIVER EMPLOYEES FEDERAL CREDIT UNION

Jun, 30, 2021 — FLINT RIVER EMPLOYEES FEDERAL CREDIT UNION is a federal credit union headquartered in Oglethorpe, GA with 1 branch location and about $1.69 million in total assets. Opened 39 years ago in 1982, FLINT RIVER EMPLOYEES FEDERAL CREDIT UNION has about 342 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:FLINT RIVER EMPLOYEES FEDERAL CREDIT UNION
Address:
(Main Office)
2449 Stagecoach Road, P.O. Box 238
Oglethorpe, GA 31068
Phone:(478) 472-5524
Fax:
Website:n/a
Branches:1 branch locations
Members:342
Credit Union Type:Federal Credit Union
Charter Number:23908
Membership Type:Manufacturing - All Other
Corporate Credit Union:No
Year Opened:1982
Last Audited:Jul 01, 2021
FHLB Member:No
Low Income Designation:No
Assets:$1,691,334
CEO/Manager:Heather Wright
Chairperson:Niikki Brown

Call Report

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 366,446
TOTAL INVESTMENTS 300,000
Loans Held for Sale 0
 
 Real Estate Loans 0
 Unsecured Loans 225,473
 Other Loans 771,187
 TOTAL LOANS 996,660
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -4,028
 Land And Building 0
 Other Fixed Assets 0
 NCUSIF Deposit 10,567
 All Other Assets 21,689
  TOTAL ASSETS 1,691,334
LIABILITIES & CAPITAL:  
 Dividends Payable 947
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 8,301
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 0
 Regular shares 984,289
 All Other Shares & Deposits 105,968
  TOTAL SHARES & DEPOSITS 1,090,257
  TOTAL LIABILITIES 1,099,505
 Regular Reserve 83,032
 Other Reserves 0
 Undivided Earnings 508,797
  TOTAL EQUITY 591,829
  TOTAL LIABILITIES, SHARES, & EQUITY 1,691,334
INCOME & EXPENSE  
 Loan Income 44,027
 Investment Income 469
 Other Income 2,270
 Total Employee Compensation & Benefits 16,787
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 13,529
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 0
 Cost of Funds 2,711
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 13,739
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