TENN-AM WATER CO. FEDERAL CREDIT UNION is no longer an active credit union according to the NCUA.
Dec, 31, 2023 — TENN-AM WATER CO. FEDERAL CREDIT UNION is a federal credit union headquartered in Chattanooga, TN with 0 branch location and about $2.67 million in total assets. Opened 89 years ago in 1935, TENN-AM WATER CO. FEDERAL CREDIT UNION has about 378 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | TENN-AM WATER CO. FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 4321 Ringgold Rd, Ste.113 Chattanooga, TN 37412-2759 |
| Phone: | (423) 855-8466 |
| Fax: | (423) 892-1067 |
| Website: | n/a |
| Branches: | 0 branch locations |
| Members: | 378 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 617 |
|---|---|
| Membership Type: | Multiple common bond - Primarily communications and utilities |
| Corporate Credit Union: | No |
| Year Opened: | 1935 |
| Last Audited: | Mar 01, 2021 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $2,669,072 |
| CEO/Manager: | Bryan A Betty |
| Chairperson: | KATHLEEN A VAUGHN |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 955,919 |
| TOTAL INVESTMENTS | 278,695 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 0 |
| Unsecured Loans | 373,475 |
| Other Loans | 1,047,832 |
| TOTAL LOANS | 1,421,307 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -10,473 |
| Land And Building | 0 |
| Other Fixed Assets | 0 |
| NCUSIF Deposit | 20,823 |
| All Other Assets | 2,801 |
| TOTAL ASSETS | 2,669,072 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 14,657 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 0 |
| Regular shares | 1,515,679 |
| All Other Shares & Deposits | 337,495 |
| TOTAL SHARES & DEPOSITS | 1,853,174 |
| TOTAL LIABILITIES | 1,867,831 |
| Regular Reserve | 157,737 |
| Other Reserves | 0 |
| Undivided Earnings | 643,504 |
| TOTAL EQUITY | 801,241 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 2,669,072 |
| INCOME & EXPENSE | |
| Loan Income | 56,946 |
| Investment Income | 1,555 |
| Other Income | 2,045 |
| Total Employee Compensation & Benefits | 3,624 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 60,111 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 0 |
| Cost of Funds | 8,477 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | -11,666 |
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