SAVASTATE TEACHERS FEDERAL CREDIT UNION is no longer an active credit union according to the NCUA.
Sep, 30, 2025 — SAVASTATE TEACHERS FEDERAL CREDIT UNION is a federal credit union headquartered in SAVANNAH, GA with 1 branch location and about $3.04 million in total assets. Opened 76 years ago in 1950, SAVASTATE TEACHERS FEDERAL CREDIT UNION has about 747 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | SAVASTATE TEACHERS FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | PO BOX 20001 SAVANNAH, GA 31404 |
| Phone: | (912) 358-4178 |
| Fax: | (912) 356-2056 |
| Website: | n/a |
| Branches: | 1 branch locations |
| Members: | 747 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 6582 |
|---|---|
| Membership Type: | Educational |
| Corporate Credit Union: | No |
| Year Opened: | 1950 |
| Last Audited: | Jun 01, 2022 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $3,044,249 |
| CEO/Manager: | Chinkqua S Beard |
| Chairperson: | Alfred Brown |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 378,872 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 0 |
| Unsecured Loans | 88,328 |
| Other Loans | 338,977 |
| TOTAL LOANS | 427,305 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -24,137 |
| Land And Building | 0 |
| Other Fixed Assets | 5,112 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 22,702 |
| All Other Assets | 0 |
| TOTAL ASSETS | 3,044,249 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 2,621 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 0 |
| Regular shares | 2,431,231 |
| All Other Shares & Deposits | 0 |
| TOTAL SHARES & DEPOSITS | 2,431,231 |
| TOTAL LIABILITIES | 2,433,852 |
| Regular Reserve | 0 |
| Other Reserves | 36,216 |
| Undivided Earnings | 574,181 |
| TOTAL EQUITY | 610,397 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 3,044,249 |
| INCOME & EXPENSE | |
| Loan Income | 18,245 |
| Investment Income | 15,993 |
| Other Income | 2,097 |
| Total Employee Compensation & Benefits | 38,755 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 8,971 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 2,105 |
| Cost of Funds | 6,271 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | -19,767 |
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