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SAVANNAH POSTAL CREDIT UNION

Sep, 30, 2025 — SAVANNAH POSTAL CREDIT UNION is a federally insured state chartered credit union headquartered in SAVANNAH, GA with 1 branch location and about $23.94 million in total assets. Opened 35 years ago in 1991, SAVANNAH POSTAL CREDIT UNION has about 2,083 members and employs 6 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:SAVANNAH POSTAL CREDIT UNION
Address:
(Main Office)
22 Oglethorpe Professional Blvd
SAVANNAH, GA 31406
Phone:(912) 691-2087
Fax:(912) 351-9120
Website:https://www.savannahpostalcu.com
Branches:1 branch locations
Members:2,083
Credit Union Type:Federally Insured State Chartered Credit Union
Charter Number:67364
Membership Type:State chartered natural person
Corporate Credit Union:No
Year Opened:1991
Last Audited:Mar 01, 2025
FHLB Member:No
Low Income Designation:No
Assets:$23,937,664
CEO/Manager:Nichole Williams
Chairperson:David E Usher

Call Report

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Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 3,500,606
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 1,818,522
 Unsecured Loans 1,772,302
 Other Loans 9,129,788
 TOTAL LOANS 13,050,441
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -109,320
 Land And Building 396,196
 Other Fixed Assets 36,861
 NCUSIF (National Credit Union Share Insurance Fund) Deposit 201,176
 All Other Assets 78,425
  TOTAL ASSETS 23,937,664
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 298,569
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 4,519,072
 Regular shares 12,313,253
 All Other Shares & Deposits 3,021,524
  TOTAL SHARES & DEPOSITS 19,853,850
  TOTAL LIABILITIES 20,152,419
 Regular Reserve 0
 Other Reserves 0
 Undivided Earnings 3,785,245
  TOTAL EQUITY 3,785,245
  TOTAL LIABILITIES, SHARES, & EQUITY 23,937,664
INCOME & EXPENSE  
 Loan Income 708,628
 Investment Income 293,605
 Other Income 151,781
 Total Employee Compensation & Benefits 336,627
 NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense 0
 Total Other Operating Expenses 570,795
 Non-operating Income & (Expense) -3,695
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 89,000
 Cost of Funds 37,146
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 235,144
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