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ORNL FEDERAL CREDIT UNION

Sep, 30, 2025 — ORNL FEDERAL CREDIT UNION is a federal credit union headquartered in OAK RIDGE, TN with 31 branch locations and about $4.54 billion in total assets. Opened 78 years ago in 1948, ORNL FEDERAL CREDIT UNION has about 225,234 members and employs 576 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: 264281416
Name:ORNL FEDERAL CREDIT UNION
Address:
(Main Office)
221 S Rutgers Ave
OAK RIDGE, TN 37830-6770
Phone:(865) 688-9555
Fax:
Website:https://www.ornlfcu.com
Branches:31 branch locations
Members:225,234
Credit Union Type:Federal Credit Union
Charter Number:5797
Membership Type:Community credit unions, urban or rural, other than those designated 'low income'
Corporate Credit Union:No
Year Opened:1948
Last Audited:Jun 01, 2025
FHLB Member:Yes
Low Income Designation:No
Assets:$4,544,737,207
CEO/Manager:Jenny Vipperman
Chairperson:William R Gorman

Call Report

  • Payday Alternative Loans (PAL Loans)
  • First Time Homebuyer Program
  • International Remittances
  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 342,081,140
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 2,025,796,843
 Unsecured Loans 102,924,751
 Other Loans 1,510,022,817
 TOTAL LOANS 3,638,898,455
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -41,628,676
 Land And Building 57,792,203
 Other Fixed Assets 34,694,221
 NCUSIF (National Credit Union Share Insurance Fund) Deposit 32,166,168
 All Other Assets 3,471,356
  TOTAL ASSETS 4,544,737,207
LIABILITIES & CAPITAL:  
 Dividends Payable 231
 Notes & Interest Payable 280,000,000
 Accounts Payable & Other Liabilities 56,623,780
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 826,335,950
 Regular shares 922,213,863
 All Other Shares & Deposits 1,955,104,226
  TOTAL SHARES & DEPOSITS 3,703,654,039
  TOTAL LIABILITIES 4,040,288,869
 Regular Reserve 0
 Other Reserves 2,529,223
 Undivided Earnings 501,919,115
  TOTAL EQUITY 504,448,338
  TOTAL LIABILITIES, SHARES, & EQUITY 4,544,737,207
INCOME & EXPENSE  
 Loan Income 153,444,282
 Investment Income 25,034,422
 Other Income 13,797,480
 Total Employee Compensation & Benefits 43,646,699
 NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense 0
 Total Other Operating Expenses 42,750,563
 Non-operating Income & (Expense) 1,592,409
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 17,896,541
 Cost of Funds 66,910,959
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 45,941,987
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