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REGIONAL MEMBERS FEDERAL CREDIT UNION

Sep, 30, 2025 — REGIONAL MEMBERS FEDERAL CREDIT UNION is a federal credit union headquartered in COLUMBUS, GA with 1 branch location and about $9.10 million in total assets. Opened 91 years ago in 1935, REGIONAL MEMBERS FEDERAL CREDIT UNION has about 1,282 members and employs 4 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:REGIONAL MEMBERS FEDERAL CREDIT UNION
Address:
(Main Office)
1044 15th ST
COLUMBUS, GA 31901-2209
Phone:(706) 323-4213
Fax:(706) 323-4232
Website:https://www.rmfcu.org
Branches:1 branch locations
Members:1,282
Credit Union Type:Federal Credit Union
Charter Number:376
Membership Type:Multiple common bond - Primarily transportation
Corporate Credit Union:No
Year Opened:1935
Last Audited:Mar 01, 2025
FHLB Member:No
Low Income Designation:No
Assets:$9,095,631
CEO/Manager:BEVERLY M McCORMICK
Chairperson:Barry Forrest

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Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 266,674
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 210,787
 Unsecured Loans 252,262
 Other Loans 5,576,666
 TOTAL LOANS 6,039,715
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -61,018
 Land And Building 23,039
 Other Fixed Assets 2,582
 NCUSIF (National Credit Union Share Insurance Fund) Deposit 78,743
 All Other Assets 0
  TOTAL ASSETS 9,095,631
LIABILITIES & CAPITAL:  
 Dividends Payable 31,244
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 29,560
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 576,660
 Regular shares 3,898,980
 All Other Shares & Deposits 3,232,948
  TOTAL SHARES & DEPOSITS 7,708,589
  TOTAL LIABILITIES 7,769,393
 Regular Reserve 0
 Other Reserves 169,600
 Undivided Earnings 1,156,638
  TOTAL EQUITY 1,326,238
  TOTAL LIABILITIES, SHARES, & EQUITY 9,095,631
INCOME & EXPENSE  
 Loan Income 358,950
 Investment Income 118,530
 Other Income 12,693
 Total Employee Compensation & Benefits 126,590
 NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense 0
 Total Other Operating Expenses 125,909
 Non-operating Income & (Expense) 1,800
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 50,000
 Cost of Funds 136,750
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 72,399
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