Sep, 30, 2025 — KIMBERLY CLARK CREDIT UNION is a federally insured state chartered credit union headquartered in MEMPHIS, TN with 1 branch location and about $142.56 million in total assets. Opened 55 years ago in 1971, KIMBERLY CLARK CREDIT UNION has about 8,317 members and employs 24 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | KIMBERLY CLARK CREDIT UNION |
|---|---|
| Address: (Main Office) | 1520 N 2nd St MEMPHIS, TN 38107-1004 |
| Phone: | (901) 521-4646 |
| Fax: | (901) 521-4644 |
| Website: | https://www.kimberlyclarkcu.org |
| Branches: | 1 branch locations |
| Members: | 8,317 |
| Credit Union Type: | Federally Insured State Chartered Credit Union |
| Charter Number: | 60928 |
|---|---|
| Membership Type: | State chartered natural person |
| Corporate Credit Union: | No |
| Year Opened: | 1971 |
| Last Audited: | Sep 01, 2024 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $142,562,138 |
| CEO/Manager: | Joel C Forbess |
| Chairperson: | Keith D Bingham |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 23,586,778 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 19,850,320 |
| Unsecured Loans | 9,750,338 |
| Other Loans | 52,595,950 |
| TOTAL LOANS | 82,196,608 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -1,360,862 |
| Land And Building | 121,271 |
| Other Fixed Assets | 9,165 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 984,554 |
| All Other Assets | 96,656 |
| TOTAL ASSETS | 142,562,138 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 1,180,807 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 8,194,874 |
| Regular shares | 40,211,440 |
| All Other Shares & Deposits | 61,217,128 |
| TOTAL SHARES & DEPOSITS | 109,623,442 |
| TOTAL LIABILITIES | 110,804,249 |
| Regular Reserve | 0 |
| Other Reserves | 4,545,000 |
| Undivided Earnings | 27,212,889 |
| TOTAL EQUITY | 31,757,889 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 142,562,138 |
| INCOME & EXPENSE | |
| Loan Income | 4,223,903 |
| Investment Income | 1,452,139 |
| Other Income | 306,432 |
| Total Employee Compensation & Benefits | 1,883,673 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 1,641,667 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 580,000 |
| Cost of Funds | 1,978,109 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 416,557 |
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