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CORE CREDIT UNION

Mar, 31, 2022 — CORE CREDIT UNION is a federally insured state chartered credit union headquartered in STATESBORO, GA with 3 branch locations and about $130.56 million in total assets. Opened 31 years ago in 1991, CORE CREDIT UNION has about 12,773 members and employs 40 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


ABA Routing Number: 261287633
Name:CORE CREDIT UNION
Address:
(Main Office)
43 N Main St
STATESBORO, GA 30458
Phone:(912) 764-9846
Fax:(912) 764-5386
Website:https://www.corecu.org
Branches:3 branch locations
Members:12,773
Credit Union Type:Federally Insured State Chartered Credit Union
Charter Number:67371
Membership Type:State chartered natural person
Corporate Credit Union:No
Year Opened:1991
Last Audited:Sep 01, 2021
FHLB Member:No
Low Income Designation:No
Assets:$130,560,012
CEO/Manager:Robert Clampett
Chairperson:Joseph Ruhland

Call Report

  • Credit Builder
  • First Time Homebuyer Program
  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 25,333,828
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 19,882,670
 Unsecured Loans 5,916,306
 Other Loans 47,019,508
 TOTAL LOANS 72,818,484
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -377,757
 Land And Building 4,733,328
 Other Fixed Assets 924,319
 NCUSIF Deposit 1,070,088
 All Other Assets 7,800
  TOTAL ASSETS 130,560,012
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 1,702,656
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 36,976,243
 Regular shares 48,944,995
 All Other Shares & Deposits 30,491,687
  TOTAL SHARES & DEPOSITS 116,412,925
  TOTAL LIABILITIES 118,115,581
 Regular Reserve 0
 Other Reserves 4,969,214
 Undivided Earnings 7,475,217
  TOTAL EQUITY 12,444,431
  TOTAL LIABILITIES, SHARES, & EQUITY 130,560,012
INCOME & EXPENSE  
 Loan Income 856,067
 Investment Income 48,367
 Other Income 467,839
 Total Employee Compensation & Benefits 765,768
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 584,371
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 0
 Cost of Funds 80,576
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 31,075
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