Sep, 30, 2025 — COMTRUST FEDERAL CREDIT UNION is a federal credit union headquartered in CHATTANOOGA, TN with 6 branch locations and about $413.98 million in total assets. Opened 91 years ago in 1935, COMTRUST FEDERAL CREDIT UNION has about 18,121 members and employs 58 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | COMTRUST FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 1020 Riverfront Pkwy CHATTANOOGA, TN 37402 |
| Phone: | (423) 756-3300 |
| Fax: | (423) 752-0290 |
| Website: | https://www.comtrustfcu.com |
| Branches: | 6 branch locations |
| Members: | 18,121 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 606 |
|---|---|
| Membership Type: | Multiple common bond - other |
| Corporate Credit Union: | No |
| Year Opened: | 1935 |
| Last Audited: | Dec 01, 2024 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $413,980,445 |
| CEO/Manager: | Johnny R Phillips |
| Chairperson: | Jesse T Vann |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 45,196,779 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 58,117,563 |
| Unsecured Loans | 2,813,721 |
| Other Loans | 36,291,089 |
| TOTAL LOANS | 97,222,373 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -146,684 |
| Land And Building | 12,528,845 |
| Other Fixed Assets | 319,745 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 3,365,155 |
| All Other Assets | 4,877 |
| TOTAL ASSETS | 413,980,445 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 203,105 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 693,956 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 60,213,784 |
| Regular shares | 111,994,346 |
| All Other Shares & Deposits | 193,336,237 |
| TOTAL SHARES & DEPOSITS | 365,544,367 |
| TOTAL LIABILITIES | 366,441,428 |
| Regular Reserve | 0 |
| Other Reserves | 6,931,884 |
| Undivided Earnings | 40,607,133 |
| TOTAL EQUITY | 47,539,017 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 413,980,445 |
| INCOME & EXPENSE | |
| Loan Income | 3,603,789 |
| Investment Income | 6,759,903 |
| Other Income | 727,863 |
| Total Employee Compensation & Benefits | 3,255,186 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 2,418,468 |
| Non-operating Income & (Expense) | -24,647 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 75,000 |
| Cost of Funds | 4,567,634 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 1,581,266 |
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