Sep, 30, 2025 — GREENSBORO MUNICIPAL FEDERAL CREDIT UNION is a federal credit union headquartered in GREENSBORO, NC with 3 branch locations and about $79.14 million in total assets. Opened 89 years ago in 1937, GREENSBORO MUNICIPAL FEDERAL CREDIT UNION has about 5,916 members and employs 19 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | GREENSBORO MUNICIPAL FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 217 N Greene St GREENSBORO, NC 27401 |
| Phone: | (336) 373-2090 |
| Fax: | (336) 373-5896 |
| Website: | https://www.revityfcu.org |
| Branches: | 3 branch locations |
| Members: | 5,916 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 24840 |
|---|---|
| Membership Type: | Multiple common bond - other |
| Corporate Credit Union: | No |
| Year Opened: | 1937 |
| Last Audited: | Sep 01, 2024 |
| FHLB Member: | Yes |
| Low Income Designation: | No |
| Assets: | $79,138,375 |
| CEO/Manager: | Jerry A Wise |
| Chairperson: | Gregory L Jenkins, II |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 6,047,574 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 30,258,702 |
| Unsecured Loans | 7,155,270 |
| Other Loans | 14,834,114 |
| TOTAL LOANS | 52,248,086 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -762,277 |
| Land And Building | 7,684,524 |
| Other Fixed Assets | 507,615 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 652,170 |
| All Other Assets | 75,793 |
| TOTAL ASSETS | 79,138,375 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 37,654 |
| Notes & Interest Payable | 2,000,000 |
| Accounts Payable & Other Liabilities | 674,654 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 9,876,604 |
| Regular shares | 27,416,535 |
| All Other Shares & Deposits | 31,665,141 |
| TOTAL SHARES & DEPOSITS | 68,958,280 |
| TOTAL LIABILITIES | 71,670,588 |
| Regular Reserve | 0 |
| Other Reserves | -108,071 |
| Undivided Earnings | 7,575,858 |
| TOTAL EQUITY | 7,467,787 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 79,138,375 |
| INCOME & EXPENSE | |
| Loan Income | 2,842,286 |
| Investment Income | 323,876 |
| Other Income | 272,109 |
| Total Employee Compensation & Benefits | 1,197,303 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 1,928,520 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 201,174 |
| Cost of Funds | 989,302 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | -334,892 |
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