DIXIE CRAFT EMPLOYEES CREDIT UNION is no longer an active credit union according to the NCUA.
Sep, 30, 2025 — DIXIE CRAFT EMPLOYEES CREDIT UNION is a federally insured state chartered credit union headquartered in Goodwater, AL with 1 branch location and about $1.34 million in total assets. Opened 52 years ago in 1974, DIXIE CRAFT EMPLOYEES CREDIT UNION has about 493 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | DIXIE CRAFT EMPLOYEES CREDIT UNION |
|---|---|
| Address: (Main Office) | P O Box 177 Goodwater, AL 35072 |
| Phone: | (256) 839-6354 |
| Fax: | (256) 839-5932 |
| Website: | n/a |
| Branches: | 1 branch locations |
| Members: | 493 |
| Credit Union Type: | Federally Insured State Chartered Credit Union |
| Charter Number: | 62798 |
|---|---|
| Membership Type: | State chartered natural person |
| Corporate Credit Union: | No |
| Year Opened: | 1974 |
| Last Audited: | Jan 01, 2022 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $1,335,966 |
| CEO/Manager: | Dinah Thomas |
| Chairperson: | Scott Simpson |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 282,413 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 0 |
| Unsecured Loans | 147,003 |
| Other Loans | 101,732 |
| TOTAL LOANS | 248,735 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -13,370 |
| Land And Building | 0 |
| Other Fixed Assets | 0 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 12,600 |
| All Other Assets | 0 |
| TOTAL ASSETS | 1,335,966 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 3,633 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 0 |
| Regular shares | 1,159,981 |
| All Other Shares & Deposits | 0 |
| TOTAL SHARES & DEPOSITS | 1,159,981 |
| TOTAL LIABILITIES | 1,163,614 |
| Regular Reserve | 0 |
| Other Reserves | 34,121 |
| Undivided Earnings | 138,231 |
| TOTAL EQUITY | 172,352 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 1,335,966 |
| INCOME & EXPENSE | |
| Loan Income | 18,330 |
| Investment Income | 2,876 |
| Other Income | 13,117 |
| Total Employee Compensation & Benefits | 39,951 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 15,437 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 0 |
| Cost of Funds | 961 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | -22,026 |
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