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ON THE GRID FINANCIAL FEDERAL CREDIT UNION

Mar, 31, 2022 — ON THE GRID FINANCIAL FEDERAL CREDIT UNION is a federal credit union headquartered in ATLANTA, GA with 1 branch location and about $50.58 million in total assets. Opened 87 years ago in 1935, ON THE GRID FINANCIAL FEDERAL CREDIT UNION has about 4,568 members and employs 6 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


ABA Routing Number: 261071412
Name:ON THE GRID FINANCIAL FEDERAL CREDIT UNION
Address:
(Main Office)
5901 Peachtree Dunwoody Rd Ste A275
ATLANTA, GA 30328-7173
Phone:(770) 396-9005
Fax:(770) 396-0777
Website:http://www.cuonthegrid.com
Branches:1 branch locations
Members:4,568
Credit Union Type:Federal Credit Union
Charter Number:383
Membership Type:Service - Communications and Utilities
Corporate Credit Union:No
Year Opened:1935
Last Audited:Mar 01, 2021
FHLB Member:No
Low Income Designation:No
Assets:$50,582,627
CEO/Manager:Tracy Moyer
Chairperson:Joseph B Thomas Jr

Call Report

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 5,435,748
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 2,824,191
 Unsecured Loans 2,483,352
 Other Loans 10,106,731
 TOTAL LOANS 15,500,149
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -15,606
 Land And Building 0
 Other Fixed Assets 63,416
 NCUSIF Deposit 380,013
 All Other Assets 0
  TOTAL ASSETS 50,582,627
LIABILITIES & CAPITAL:  
 Dividends Payable 17,550
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 285,220
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 10,833,471
 Regular shares 19,639,733
 All Other Shares & Deposits 14,166,256
  TOTAL SHARES & DEPOSITS 44,639,460
  TOTAL LIABILITIES 44,942,230
 Regular Reserve 0
 Other Reserves 1,403,658
 Undivided Earnings 4,236,739
  TOTAL EQUITY 5,640,397
  TOTAL LIABILITIES, SHARES, & EQUITY 50,582,627
INCOME & EXPENSE  
 Loan Income 182,433
 Investment Income 27,076
 Other Income 73,309
 Total Employee Compensation & Benefits 113,170
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 206,814
 Non-operating Income & (Expense) 19
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense -23,292
 Cost of Funds 24,120
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 15,429
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