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CHEMCO CREDIT UNION

Sep, 30, 2025 — CHEMCO CREDIT UNION is a federally insured state chartered credit union headquartered in MC INTOSH, AL with 1 branch location and about $5.28 million in total assets. Opened 73 years ago in 1953, CHEMCO CREDIT UNION has about 361 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:CHEMCO CREDIT UNION
Address:
(Main Office)
1638 INDUSTRIAL Rd
MC INTOSH, AL 36553-6609
Phone:(251) 944-3297
Fax:(251) 944-3212
Website:n/a
Branches:1 branch locations
Members:361
Credit Union Type:Federally Insured State Chartered Credit Union
Charter Number:61277
Membership Type:State chartered natural person
Corporate Credit Union:No
Year Opened:1953
Last Audited:Jun 01, 2025
FHLB Member:No
Low Income Designation:No
Assets:$5,277,054
CEO/Manager:Rhonda Goldman
Chairperson:SEAN WORK

Call Report

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 1,496,734
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 0
 Unsecured Loans 342,373
 Other Loans 2,474,146
 TOTAL LOANS 2,816,519
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -24,945
 Land And Building 0
 Other Fixed Assets 0
 NCUSIF (National Credit Union Share Insurance Fund) Deposit 39,243
 All Other Assets 0
  TOTAL ASSETS 5,277,054
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 5,705
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 525,033
 Regular shares 3,710,960
 All Other Shares & Deposits 0
  TOTAL SHARES & DEPOSITS 4,235,993
  TOTAL LIABILITIES 4,241,698
 Regular Reserve 0
 Other Reserves 298,598
 Undivided Earnings 736,758
  TOTAL EQUITY 1,035,356
  TOTAL LIABILITIES, SHARES, & EQUITY 5,277,054
INCOME & EXPENSE  
 Loan Income 133,768
 Investment Income 64,339
 Other Income 15,732
 Total Employee Compensation & Benefits 64,150
 NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense 0
 Total Other Operating Expenses 65,470
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense -4,867
 Cost of Funds 10,200
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 78,886
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