Sep, 30, 2022 — ANDALUSIA MILLS EMPLOYEES CREDIT UNION is a federal credit union headquartered in ANDALUSIA, AL with 1 branch location and about $3.51 million in total assets. Opened 40 years ago in 1983, ANDALUSIA MILLS EMPLOYEES CREDIT UNION has about 1,018 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
Name: | ANDALUSIA MILLS EMPLOYEES CREDIT UNION |
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Address: (Main Office) | 200 Waits Dr ANDALUSIA, AL 36421 |
Phone: | (334) 427-3616 |
Fax: | (334) 427-3651 |
Website: | n/a |
Branches: | 1 branch locations |
Members: | 1,018 |
Credit Union Type: | Federal Credit Union |
Charter Number: | 23990 |
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Membership Type: | Manufacturing - All Other |
Corporate Credit Union: | No |
Year Opened: | 1983 |
Last Audited: | Nov 01, 2021 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $3,505,314 |
CEO/Manager: | Tina M Gantt |
Chairperson: | Greg Sport |
ASSETS: | $ Amount |
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Cash & Equivalents | 938,255 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 0 |
Real Estate Loans | 0 |
Unsecured Loans | 442,372 |
Other Loans | 575,392 |
TOTAL LOANS | 1,017,764 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -3,514 |
Land And Building | 0 |
Other Fixed Assets | 2,267 |
NCUSIF Deposit | 26,962 |
All Other Assets | 0 |
TOTAL ASSETS | 3,505,314 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 479 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 4,376 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 0 |
Regular shares | 2,537,745 |
All Other Shares & Deposits | 355,853 |
TOTAL SHARES & DEPOSITS | 2,893,598 |
TOTAL LIABILITIES | 2,898,453 |
Regular Reserve | 0 |
Other Reserves | 0 |
Undivided Earnings | 606,861 |
TOTAL EQUITY | 606,861 |
TOTAL LIABILITIES, SHARES, & EQUITY | 3,505,314 |
INCOME & EXPENSE | |
Loan Income | 64,488 |
Investment Income | 13,122 |
Other Income | 25,026 |
Total Employee Compensation & Benefits | 73,721 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 34,466 |
Non-operating Income & (Expense) | 0 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | -2,343 |
Cost of Funds | 1,447 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | -2,880 |
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