Sep, 30, 2025 — SYCAMORE FEDERAL CREDIT UNION is a federal credit union headquartered in TALLADEGA, AL with 1 branch location and about $66.54 million in total assets. Opened 81 years ago in 1945, SYCAMORE FEDERAL CREDIT UNION has about 2,814 members and employs 14 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | SYCAMORE FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 18070 AL Highway 21 TALLADEGA, AL 35160 |
| Phone: | (256) 245-5887 |
| Fax: | (256) 249-0560 |
| Website: | https://www.sycamorefcu.com |
| Branches: | 1 branch locations |
| Members: | 2,814 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 5241 |
|---|---|
| Membership Type: | Multiple common bond - Primarily educational |
| Corporate Credit Union: | No |
| Year Opened: | 1945 |
| Last Audited: | Jan 01, 2025 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $66,536,383 |
| CEO/Manager: | Marshall McGrady |
| Chairperson: | Lewis Lackey |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 2,711,033 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 31,598,184 |
| Unsecured Loans | 677,214 |
| Other Loans | 16,519,328 |
| TOTAL LOANS | 48,955,590 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -159,697 |
| Land And Building | 628,130 |
| Other Fixed Assets | 17,799 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 430,412 |
| All Other Assets | 20,000 |
| TOTAL ASSETS | 66,536,383 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 190,582 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 2,046,938 |
| Regular shares | 39,587,987 |
| All Other Shares & Deposits | 13,226,221 |
| TOTAL SHARES & DEPOSITS | 54,861,146 |
| TOTAL LIABILITIES | 55,051,728 |
| Regular Reserve | 0 |
| Other Reserves | 0 |
| Undivided Earnings | 11,484,655 |
| TOTAL EQUITY | 11,484,655 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 66,536,383 |
| INCOME & EXPENSE | |
| Loan Income | 2,916,608 |
| Investment Income | 358,189 |
| Other Income | 506,865 |
| Total Employee Compensation & Benefits | 717,160 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 407,781 |
| Non-operating Income & (Expense) | 12,142 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 111,500 |
| Cost of Funds | 1,668,732 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 916,260 |
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