Sep, 30, 2025 — GREENSBORO CREDIT UNION is a federally insured state chartered credit union headquartered in GREENSBORO, NC with 3 branch locations and about $16.56 million in total assets. Opened 98 years ago in 1928, GREENSBORO CREDIT UNION has about 1,459 members and employs 5 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | GREENSBORO CREDIT UNION |
|---|---|
| Address: (Main Office) | 3701 W Wendover Ave GREENSBORO, NC 27495-0001 |
| Phone: | (336) 855-0662 |
| Fax: | (336) 855-3448 |
| Website: | https://www.gsocu.org |
| Branches: | 3 branch locations |
| Members: | 1,459 |
| Credit Union Type: | Federally Insured State Chartered Credit Union |
| Charter Number: | 63445 |
|---|---|
| Membership Type: | State chartered natural person |
| Corporate Credit Union: | No |
| Year Opened: | 1928 |
| Last Audited: | Mar 01, 2025 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $16,562,848 |
| CEO/Manager: | Pamala Douglas |
| Chairperson: | Larry Shuler |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 3,392,063 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 4,194,977 |
| Unsecured Loans | 384,609 |
| Other Loans | 4,271,601 |
| TOTAL LOANS | 8,851,187 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -70,750 |
| Land And Building | 0 |
| Other Fixed Assets | 38,254 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 116,343 |
| All Other Assets | 0 |
| TOTAL ASSETS | 16,562,848 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 96,371 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 1,888,914 |
| Regular shares | 9,237,450 |
| All Other Shares & Deposits | 0 |
| TOTAL SHARES & DEPOSITS | 11,126,364 |
| TOTAL LIABILITIES | 11,222,735 |
| Regular Reserve | 0 |
| Other Reserves | 0 |
| Undivided Earnings | 5,340,113 |
| TOTAL EQUITY | 5,340,113 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 16,562,848 |
| INCOME & EXPENSE | |
| Loan Income | 323,280 |
| Investment Income | 231,913 |
| Other Income | 39,444 |
| Total Employee Compensation & Benefits | 322,447 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 260,154 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 16,273 |
| Cost of Funds | 13,024 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 5,215 |
| ↑ Back to Top | |