Credit Unions Near Me
National Credit Union Service Organization

ARCADE CREDIT UNION

Dec, 31, 2023 — ARCADE CREDIT UNION is a federally insured state chartered credit union headquartered in ASHEVILLE, NC with 1 branch location and about $7.95 million in total assets. Opened 72 years ago in 1952, ARCADE CREDIT UNION has about 813 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:ARCADE CREDIT UNION
Address:
(Main Office)
151 Patton Ave Ste 280
ASHEVILLE, NC 28801
Phone:(828) 254-1582
Fax:(828) 254-9809
Website:https://arcadecu.com
Branches:1 branch locations
Members:813
Credit Union Type:Federally Insured State Chartered Credit Union
Charter Number:62114
Membership Type:State chartered natural person
Corporate Credit Union:No
Year Opened:1952
Last Audited:Dec 01, 2023
FHLB Member:No
Low Income Designation:No
Assets:$7,952,182
CEO/Manager:Shelly R Fender
Chairperson:Vann B Gibbs

Call Report

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 613,362
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 1,096,817
 Unsecured Loans 126,787
 Other Loans 3,490,356
 TOTAL LOANS 4,713,968
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -3,733
 Land And Building 0
 Other Fixed Assets 2,266
 NCUSIF Deposit 66,511
 All Other Assets 0
  TOTAL ASSETS 7,952,182
LIABILITIES & CAPITAL:  
 Dividends Payable 23,051
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 40,302
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 1,045,813
 Regular shares 2,814,389
 All Other Shares & Deposits 3,076,508
  TOTAL SHARES & DEPOSITS 6,936,710
  TOTAL LIABILITIES 7,000,063
 Regular Reserve 0
 Other Reserves 0
 Undivided Earnings 952,119
  TOTAL EQUITY 952,119
  TOTAL LIABILITIES, SHARES, & EQUITY 7,952,182
INCOME & EXPENSE  
 Loan Income 245,513
 Investment Income 92,075
 Other Income 7,492
 Total Employee Compensation & Benefits 128,048
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 124,080
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 0
 Cost of Funds 46,100
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 83,317
↑ Back to Top

Other Credit Unions

HSM FEDERAL CREDIT UNION
235 2ND AVE NW
HICKORY, NC 28601
PIEDMONT CREDIT UNION
1913 W Front St
STATESVILLE, NC 28677-3646
OTEEN V. A. FEDERAL CREDIT UNION
1100 Tunnel Rd Unit 24
ASHEVILLE, NC 28805-2577
MCDOWELL CORNERSTONE CREDIT UNION
2031 RUTHERFORD RD
MARION, NC 28752
SHUFORD FEDERAL CREDIT UNION
882 16th St NE
HICKORY, NC 28601
LITHIUM FEDERAL CREDIT UNION
1111 BESSEMER CITY KINGS MTN HWY
BESSEMER CITY, NC 28016-9640
CS CREDIT UNION
6519 Comm Scope Rd
CATAWBA, NC 28609
ECUSTA CREDIT UNION
P.O. Box 910
PISGAH FOREST, NC 28768
CAROLINA FEDERAL CREDIT UNION
1200 E Church St
CHERRYVILLE, NC 28021-9211
TELCO COMMUNITY CREDIT UNION
1137 Smokey Park Hwy
CANDLER, NC 28715-8240