TALLAHASSEE COMMUNITY FEDERAL CREDIT UNION is no longer an active credit union according to the NCUA. If available, you can view their website at https://www.tallahasseecfcu.com for more information.
Dec, 31, 2023 — TALLAHASSEE COMMUNITY FEDERAL CREDIT UNION is a federal credit union headquartered in TALLAHASSEE, FL with 1 branch location and about $6.88 million in total assets. Opened 85 years ago in 1939, TALLAHASSEE COMMUNITY FEDERAL CREDIT UNION has about 591 members and employs 3 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | TALLAHASSEE COMMUNITY FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | P O BOX 1366 TALLAHASSEE, FL 32302 |
| Phone: | (850) 222-1421 |
| Fax: | (850) 222-5554 |
| Website: | https://www.tallahasseecfcu.com |
| Branches: | 1 branch locations |
| Members: | 591 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 3404 |
|---|---|
| Membership Type: | Community credit unions, urban or rural, other than those designated 'low income' |
| Corporate Credit Union: | No |
| Year Opened: | 1939 |
| Last Audited: | Sep 01, 2021 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $6,880,859 |
| CEO/Manager: | Jack D Davis |
| Chairperson: | David A Mandell |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 1,184,898 |
| TOTAL INVESTMENTS | 1,995,000 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 1,158,140 |
| Unsecured Loans | 51,029 |
| Other Loans | 1,960,400 |
| TOTAL LOANS | 3,606,994 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -16,713 |
| Land And Building | 0 |
| Other Fixed Assets | 6,618 |
| NCUSIF Deposit | 46,928 |
| All Other Assets | 57,134 |
| TOTAL ASSETS | 6,880,859 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 7,304 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 393,234 |
| Regular shares | 2,470,631 |
| All Other Shares & Deposits | 3,286,071 |
| TOTAL SHARES & DEPOSITS | 6,149,936 |
| TOTAL LIABILITIES | 6,157,240 |
| Regular Reserve | 110,343 |
| Other Reserves | 0 |
| Undivided Earnings | 613,276 |
| TOTAL EQUITY | 723,619 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 6,880,859 |
| INCOME & EXPENSE | |
| Loan Income | 285,769 |
| Investment Income | 14,543 |
| Other Income | 30,378 |
| Total Employee Compensation & Benefits | 167,484 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 143,251 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 3,000 |
| Cost of Funds | 10,691 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 24,213 |
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