Sep, 30, 2025 — NAHEOLA CREDIT UNION is a federally insured state chartered credit union headquartered in PENNINGTON, AL with 4 branch locations and about $214.66 million in total assets. Opened 67 years ago in 1959, NAHEOLA CREDIT UNION has about 12,635 members and employs 35 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | NAHEOLA CREDIT UNION |
|---|---|
| Address: (Main Office) | 5480 Main St PENNINGTON, AL 36916 |
| Phone: | (205) 844-5527 |
| Fax: | (205) 844-5514 |
| Website: | https://www.naheola.com |
| Branches: | 4 branch locations |
| Members: | 12,635 |
| Credit Union Type: | Federally Insured State Chartered Credit Union |
| Charter Number: | 62661 |
|---|---|
| Membership Type: | State chartered natural person |
| Corporate Credit Union: | No |
| Year Opened: | 1959 |
| Last Audited: | Mar 01, 2024 |
| FHLB Member: | Yes |
| Low Income Designation: | No |
| Assets: | $214,662,434 |
| CEO/Manager: | Mark J Johnson |
| Chairperson: | Joseph M Moody |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 29,186,642 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 100,232,454 |
| Unsecured Loans | 6,467,538 |
| Other Loans | 48,606,446 |
| TOTAL LOANS | 155,306,442 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -1,986,399 |
| Land And Building | 2,305,806 |
| Other Fixed Assets | 179,490 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 1,375,500 |
| All Other Assets | 43,000 |
| TOTAL ASSETS | 214,662,434 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 633 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 1,813,768 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 19,294,516 |
| Regular shares | 58,425,811 |
| All Other Shares & Deposits | 99,153,584 |
| TOTAL SHARES & DEPOSITS | 176,873,911 |
| TOTAL LIABILITIES | 178,688,312 |
| Regular Reserve | 0 |
| Other Reserves | 3,524,079 |
| Undivided Earnings | 32,450,043 |
| TOTAL EQUITY | 35,974,122 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 214,662,434 |
| INCOME & EXPENSE | |
| Loan Income | 8,118,109 |
| Investment Income | 1,103,912 |
| Other Income | 1,021,254 |
| Total Employee Compensation & Benefits | 2,084,623 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 2,035,167 |
| Non-operating Income & (Expense) | -24,145 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 675,000 |
| Cost of Funds | 3,395,463 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 2,657,469 |
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