NORTH MAIN CREDIT UNION is no longer an active credit union according to the NCUA. If available, you can view their website at https://www.northmaincu.org for more information.
Sep, 30, 2025 — NORTH MAIN CREDIT UNION is a federally insured state chartered credit union headquartered in CORNELIA, GA with 1 branch location and about $30.20 million in total assets. Opened 47 years ago in 1979, NORTH MAIN CREDIT UNION has about 3,353 members and employs 11 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | NORTH MAIN CREDIT UNION |
|---|---|
| Address: (Main Office) | 255 N MAIN ST CORNELIA, GA 30531 |
| Phone: | (706) 894-9060 |
| Fax: | (706) 894-9070 |
| Website: | https://www.northmaincu.org |
| Branches: | 1 branch locations |
| Members: | 3,353 |
| Credit Union Type: | Federally Insured State Chartered Credit Union |
| Charter Number: | 67391 |
|---|---|
| Membership Type: | State chartered natural person |
| Corporate Credit Union: | No |
| Year Opened: | 1979 |
| Last Audited: | Sep 01, 2021 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $30,201,696 |
| CEO/Manager: | Melany B Ward |
| Chairperson: | William R McAllister |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 1,088,180 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 4,484,660 |
| Unsecured Loans | 1,906,458 |
| Other Loans | 13,905,856 |
| TOTAL LOANS | 20,296,974 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -144,588 |
| Land And Building | 428,288 |
| Other Fixed Assets | 45,284 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 242,166 |
| All Other Assets | 0 |
| TOTAL ASSETS | 30,201,696 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 8,723 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 268,397 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 3,605,967 |
| Regular shares | 14,525,260 |
| All Other Shares & Deposits | 7,520,322 |
| TOTAL SHARES & DEPOSITS | 25,651,549 |
| TOTAL LIABILITIES | 25,928,669 |
| Regular Reserve | 0 |
| Other Reserves | 0 |
| Undivided Earnings | 4,273,027 |
| TOTAL EQUITY | 4,273,027 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 30,201,696 |
| INCOME & EXPENSE | |
| Loan Income | 837,104 |
| Investment Income | 47,034 |
| Other Income | 231,025 |
| Total Employee Compensation & Benefits | 549,570 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 419,193 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 20,700 |
| Cost of Funds | 13,088 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 229,456 |
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