Sep, 30, 2025 — GULF TRUST FEDERAL CREDIT UNION is a federal credit union headquartered in PASCAGOULA, MS with 1 branch location and about $25.92 million in total assets. Opened 54 years ago in 1972, GULF TRUST FEDERAL CREDIT UNION has about 2,754 members and employs 10 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 TRUST FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 2533 Denny Ave PASCAGOULA, MS 39567 |
| Phone: | (228) 762-0659 |
| Fax: | (228) 762-0377 |
| Website: | https://www.gulftrustcu.org |
| Branches: | 1 branch locations |
| Members: | 2,754 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 24908 |
|---|---|
| Membership Type: | Associational - Religious, other than those designated 'low-income' |
| Corporate Credit Union: | No |
| Year Opened: | 1972 |
| Last Audited: | Sep 01, 2024 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $25,923,093 |
| CEO/Manager: | Jennifer Spiriti |
| Chairperson: | David Lowery |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 1,639,194 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 8,921,215 |
| Unsecured Loans | 2,442,400 |
| Other Loans | 6,701,178 |
| TOTAL LOANS | 18,064,793 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -107,122 |
| Land And Building | 551,995 |
| Other Fixed Assets | 30,017 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 203,488 |
| All Other Assets | 0 |
| TOTAL ASSETS | 25,923,093 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 605 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 125,044 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 2,664,411 |
| Regular shares | 9,967,721 |
| All Other Shares & Deposits | 7,767,701 |
| TOTAL SHARES & DEPOSITS | 20,399,833 |
| TOTAL LIABILITIES | 20,525,482 |
| Regular Reserve | 0 |
| Other Reserves | 0 |
| Undivided Earnings | 5,397,611 |
| TOTAL EQUITY | 5,397,611 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 25,923,093 |
| INCOME & EXPENSE | |
| Loan Income | 790,723 |
| Investment Income | 224,310 |
| Other Income | 340,204 |
| Total Employee Compensation & Benefits | 456,037 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 464,409 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 120,291 |
| Cost of Funds | 162,964 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 167,145 |
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