Dec, 31, 2023 — COMBINED EMPLOYEES CREDIT UNION is a federally insured state chartered credit union headquartered in WARNER ROBINS, GA with 1 branch location and about $15.65 million in total assets. Opened 55 years ago in 1969, COMBINED EMPLOYEES CREDIT UNION has about 3,480 members and employs 10 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
Name: | COMBINED EMPLOYEES CREDIT UNION |
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Address: (Main Office) | 593 Russell Pkwy WARNER ROBINS, GA 31088 |
Phone: | (478) 929-5700 |
Fax: | (478) 929-1999 |
Website: | https://www.combinedecu.com |
Branches: | 1 branch locations |
Members: | 3,480 |
Credit Union Type: | Federally Insured State Chartered Credit Union |
Charter Number: | 60825 |
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Membership Type: | State chartered natural person |
Corporate Credit Union: | No |
Year Opened: | 1969 |
Last Audited: | Jun 01, 2023 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $15,646,567 |
CEO/Manager: | Robert T Glore, Jr. |
Chairperson: | Ricky Harlowe |
ASSETS: | $ Amount |
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Cash & Equivalents | 1,084,270 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 0 |
Real Estate Loans | 0 |
Unsecured Loans | 1,695,155 |
Other Loans | 10,998,375 |
TOTAL LOANS | 12,693,530 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -105,243 |
Land And Building | 417,529 |
Other Fixed Assets | 26,809 |
NCUSIF Deposit | 123,590 |
All Other Assets | 0 |
TOTAL ASSETS | 15,646,567 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 0 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 31,461 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 0 |
Regular shares | 5,636,467 |
All Other Shares & Deposits | 8,585,943 |
TOTAL SHARES & DEPOSITS | 14,222,410 |
TOTAL LIABILITIES | 14,253,871 |
Regular Reserve | 0 |
Other Reserves | 0 |
Undivided Earnings | 1,392,696 |
TOTAL EQUITY | 1,392,696 |
TOTAL LIABILITIES, SHARES, & EQUITY | 15,646,567 |
INCOME & EXPENSE | |
Loan Income | 887,395 |
Investment Income | 87,367 |
Other Income | 44,498 |
Total Employee Compensation & Benefits | 460,351 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 314,767 |
Non-operating Income & (Expense) | 0 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 48,006 |
Cost of Funds | 175,621 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | 66,368 |
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» See also Statement of Financial Condition