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GULF COAST COMMUNITY FEDERAL CREDIT UNION

Sep, 30, 2025 — GULF COAST COMMUNITY FEDERAL CREDIT UNION is a federal credit union headquartered in GULFPORT, MS with 4 branch locations and about $123.50 million in total assets. Opened 91 years ago in 1935, GULF COAST COMMUNITY FEDERAL CREDIT UNION has about 12,053 members and employs 56 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:GULF COAST COMMUNITY FEDERAL CREDIT UNION
Address:
(Main Office)
12364 Highway 49
GULFPORT, MS 39503
Phone:(228) 539-7029
Fax:(228) 539-6322
Website:n/a
Branches:4 branch locations
Members:12,053
Credit Union Type:Federal Credit Union
Charter Number:242
Membership Type:Community credit unions, urban or rural, other than those designated 'low income'
Corporate Credit Union:No
Year Opened:1935
Last Audited:Dec 01, 2024
FHLB Member:Yes
Low Income Designation:No
Assets:$123,501,733
CEO/Manager:Lisa Graham
Chairperson:Elmer Dickens

Call Report

  • Payday Alternative Loans (PAL Loans)
  • First Time Homebuyer Program
  • International Remittances
  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 11,934,676
TOTAL INVESTMENTS 0
Loans Held for Sale 161,141
 
 Real Estate Loans 41,934,668
 Unsecured Loans 4,683,902
 Other Loans 31,601,917
 TOTAL LOANS 78,220,487
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -1,114,887
 Land And Building 3,348,699
 Other Fixed Assets 1,335,061
 NCUSIF (National Credit Union Share Insurance Fund) Deposit 925,338
 All Other Assets 207,024
  TOTAL ASSETS 123,501,733
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 2,515,671
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 28,278,267
 Regular shares 35,486,830
 All Other Shares & Deposits 35,593,617
  TOTAL SHARES & DEPOSITS 99,358,714
  TOTAL LIABILITIES 101,874,385
 Regular Reserve 0
 Other Reserves -190,542
 Undivided Earnings 21,817,890
  TOTAL EQUITY 21,627,348
  TOTAL LIABILITIES, SHARES, & EQUITY 123,501,733
INCOME & EXPENSE  
 Loan Income 4,386,342
 Investment Income 642,420
 Other Income 3,146,035
 Total Employee Compensation & Benefits 3,007,164
 NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense 0
 Total Other Operating Expenses 3,266,568
 Non-operating Income & (Expense) -14,542
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 678,275
 Cost of Funds 1,103,282
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 138,317
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