Dec, 31, 2023 — COMMUNITY CREDIT UNION is a federally insured state chartered credit union headquartered in ROCKLEDGE, FL with 8 branch locations and about $1.28 billion in total assets. Opened 71 years ago in 1953, COMMUNITY CREDIT UNION has about 57,088 members and employs 161 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
Name: | COMMUNITY CREDIT UNION |
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Address: (Main Office) | 1030 US Highway 1 ROCKLEDGE, FL 32955-2716 |
Phone: | (321) 690-2328 |
Fax: | (321) 690-2509 |
Website: | https://www.ccuflorida.org |
Branches: | 8 branch locations |
Members: | 57,088 |
Credit Union Type: | Federally Insured State Chartered Credit Union |
Charter Number: | 60816 |
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Membership Type: | State chartered natural person |
Corporate Credit Union: | No |
Year Opened: | 1953 |
Last Audited: | Dec 01, 2022 |
FHLB Member: | Yes |
Low Income Designation: | No |
Assets: | $1,278,730,528 |
CEO/Manager: | Laurie Cappelli |
Chairperson: | James Platman |
ASSETS: | $ Amount |
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Cash & Equivalents | 88,345,335 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 0 |
Real Estate Loans | 524,956,472 |
Unsecured Loans | 54,376,684 |
Other Loans | 375,782,585 |
TOTAL LOANS | 955,488,618 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -9,159,637 |
Land And Building | 20,301,766 |
Other Fixed Assets | 3,692,289 |
NCUSIF Deposit | 9,002,604 |
All Other Assets | 217,775 |
TOTAL ASSETS | 1,278,730,528 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 33,508 |
Notes & Interest Payable | 66,500,000 |
Accounts Payable & Other Liabilities | 14,250,866 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 186,157,290 |
Regular shares | 370,015,234 |
All Other Shares & Deposits | 501,041,217 |
TOTAL SHARES & DEPOSITS | 1,057,213,741 |
TOTAL LIABILITIES | 1,137,998,115 |
Regular Reserve | 0 |
Other Reserves | 823,827 |
Undivided Earnings | 139,908,586 |
TOTAL EQUITY | 140,732,413 |
TOTAL LIABILITIES, SHARES, & EQUITY | 1,278,730,528 |
INCOME & EXPENSE | |
Loan Income | 49,576,425 |
Investment Income | 5,903,976 |
Other Income | 4,172,344 |
Total Employee Compensation & Benefits | 16,026,576 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 15,010,992 |
Non-operating Income & (Expense) | 940,290 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 4,662,140 |
Cost of Funds | 17,793,789 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | 11,275,535 |
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