Sep, 30, 2025 — CLINCHFIELD FEDERAL CREDIT UNION is a federal credit union headquartered in ERWIN, TN with 1 branch location and about $130.21 million in total assets. Opened 79 years ago in 1947, CLINCHFIELD FEDERAL CREDIT UNION has about 6,538 members and employs 25 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | CLINCHFIELD FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 1038 N Main Ave ERWIN, TN 37650 |
| Phone: | (423) 743-9192 |
| Fax: | (423) 743-6156 |
| Website: | https://www.clinchfieldcu.com |
| Branches: | 1 branch locations |
| Members: | 6,538 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 5549 |
|---|---|
| Membership Type: | Multiple common bond - Primarily transportation |
| Corporate Credit Union: | No |
| Year Opened: | 1947 |
| Last Audited: | Dec 01, 2024 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $130,212,256 |
| CEO/Manager: | Amy R Banks |
| Chairperson: | Wade Tilson |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 17,032,794 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 39,296,518 |
| Unsecured Loans | 3,971,012 |
| Other Loans | 18,127,198 |
| TOTAL LOANS | 61,959,036 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -549,336 |
| Land And Building | 1,716,324 |
| Other Fixed Assets | 264,575 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 1,103,587 |
| All Other Assets | 0 |
| TOTAL ASSETS | 130,212,256 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 258,670 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 15,698,695 |
| Regular shares | 55,428,163 |
| All Other Shares & Deposits | 42,401,059 |
| TOTAL SHARES & DEPOSITS | 113,527,917 |
| TOTAL LIABILITIES | 113,787,587 |
| Regular Reserve | 0 |
| Other Reserves | -109,737 |
| Undivided Earnings | 16,534,406 |
| TOTAL EQUITY | 16,424,669 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 130,212,256 |
| INCOME & EXPENSE | |
| Loan Income | 2,729,917 |
| Investment Income | 1,683,692 |
| Other Income | 223,251 |
| Total Employee Compensation & Benefits | 1,405,257 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 1,357,677 |
| Non-operating Income & (Expense) | 675 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | -63,333 |
| Cost of Funds | 1,395,256 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 1,174,034 |
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