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LOWLAND CREDIT UNION

Sep, 30, 2025 — LOWLAND CREDIT UNION is a federally insured state chartered credit union headquartered in Morristown, TN with 3 branch locations and about $135.90 million in total assets. Opened 73 years ago in 1953, LOWLAND CREDIT UNION has about 11,297 members and employs 33 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: 264280035
Name:LOWLAND CREDIT UNION
Address:
(Main Office)
1216 E Main St
Morristown, TN 37814
Phone:(423) 581-8345
Fax:(423) 581-9229
Website:https://lowlandcu.org
Branches:3 branch locations
Members:11,297
Credit Union Type:Federally Insured State Chartered Credit Union
Charter Number:60527
Membership Type:State chartered natural person
Corporate Credit Union:No
Year Opened:1953
Last Audited:Sep 01, 2021
FHLB Member:No
Low Income Designation:No
Assets:$135,902,330
CEO/Manager:Mark Creech
Chairperson:Tommy A Musser

Call Report

  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 10,151,237
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 7,574,769
 Unsecured Loans 4,686,182
 Other Loans 79,434,868
 TOTAL LOANS 91,695,819
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -597,440
 Land And Building 6,051,864
 Other Fixed Assets 1,128,171
 NCUSIF (National Credit Union Share Insurance Fund) Deposit 1,200,598
 All Other Assets 612,230
  TOTAL ASSETS 135,902,330
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 649,311
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 23,632,160
 Regular shares 61,754,580
 All Other Shares & Deposits 42,779,465
  TOTAL SHARES & DEPOSITS 128,166,205
  TOTAL LIABILITIES 128,815,516
 Regular Reserve 0
 Other Reserves -2,804,947
 Undivided Earnings 9,891,761
  TOTAL EQUITY 7,086,814
  TOTAL LIABILITIES, SHARES, & EQUITY 135,902,330
INCOME & EXPENSE  
 Loan Income 3,172,819
 Investment Income 322,526
 Other Income 927,721
 Total Employee Compensation & Benefits 1,843,261
 NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense 0
 Total Other Operating Expenses 1,906,126
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 320,000
 Cost of Funds 129,635
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 439,554
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