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ALLVAC SAVINGS AND CREDIT UNION

Sep, 30, 2025 — ALLVAC SAVINGS AND CREDIT UNION is a federally insured state chartered credit union headquartered in MONROE, NC with 1 branch location and about $8.76 million in total assets. Opened 62 years ago in 1964, ALLVAC SAVINGS AND CREDIT UNION has about 1,605 members and employs 3 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:ALLVAC SAVINGS AND CREDIT UNION
Address:
(Main Office)
2020 Ashcraft Ave
MONROE, NC 28110-3720
Phone:(704) 291-7112
Fax:(704) 291-7312
Website:https://www.allvaccu.com
Branches:1 branch locations
Members:1,605
Credit Union Type:Federally Insured State Chartered Credit Union
Charter Number:60660
Membership Type:State chartered natural person
Corporate Credit Union:No
Year Opened:1964
Last Audited:Jun 01, 2025
FHLB Member:No
Low Income Designation:No
Assets:$8,762,777
CEO/Manager:JOY T PAGE
Chairperson:RONALD J HOWIE

Call Report

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 2,129,966
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 0
 Unsecured Loans 656,310
 Other Loans 4,558,071
 TOTAL LOANS 5,214,381
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -21,648
 Land And Building 0
 Other Fixed Assets 211,406
 NCUSIF (National Credit Union Share Insurance Fund) Deposit 67,638
 All Other Assets 0
  TOTAL ASSETS 8,762,777
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 110,896
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 810,870
 Regular shares 5,500,587
 All Other Shares & Deposits 786,959
  TOTAL SHARES & DEPOSITS 7,098,416
  TOTAL LIABILITIES 7,209,312
 Regular Reserve 0
 Other Reserves 0
 Undivided Earnings 1,553,465
  TOTAL EQUITY 1,553,465
  TOTAL LIABILITIES, SHARES, & EQUITY 8,762,777
INCOME & EXPENSE  
 Loan Income 258,322
 Investment Income 72,339
 Other Income 74,999
 Total Employee Compensation & Benefits 139,155
 NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense 0
 Total Other Operating Expenses 181,250
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 4,082
 Cost of Funds 36,075
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 85,440
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