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FLOWERS FOODS EMPLOYEES CREDIT LEAGUE

Dec, 31, 2020 — FLOWERS FOODS EMPLOYEES CREDIT LEAGUE is a federally insured state chartered credit union headquartered in THOMASVILLE, GA with 1 branch location and about $24.84 million in total assets. Opened 50 years ago in 1971, FLOWERS FOODS EMPLOYEES CREDIT LEAGUE has about 5,233 members and employs 9 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:FLOWERS FOODS EMPLOYEES CREDIT LEAGUE
Address:
(Main Office)
P. O. BOX 3137
THOMASVILLE, GA 31799
Phone:(229) 228-6860
Fax:(229) 228-9233
Website:http://www.creditleague.org
Branches:1 branch locations
Members:5,233
Credit Union Type:Federally Insured State Chartered Credit Union
Charter Number:67392
Membership Type:State chartered natural person
Corporate Credit Union:No
Year Opened:1971
Last Audited:Dec 01, 2019
FHLB Member:No
Low Income Designation:No
Assets:$24,839,820
CEO/Manager:Jack Singletary
Chairperson:Dan Stone

Call Report

  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 4,717,333
TOTAL INVESTMENTS 8,864,506
Loans Held for Sale 0
 
 Real Estate Loans 0
 Unsecured Loans 2,616,451
 Other Loans 8,282,325
 TOTAL LOANS 10,898,776
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -260,040
 Land And Building 264,851
 Other Fixed Assets 26,818
 NCUSIF Deposit 153,816
 All Other Assets 173,760
  TOTAL ASSETS 24,839,820
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 234,748
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 0
 Regular shares 13,521,910
 All Other Shares & Deposits 3,871,595
  TOTAL SHARES & DEPOSITS 17,393,505
  TOTAL LIABILITIES 17,628,253
 Regular Reserve 1,210,000
 Other Reserves 0
 Undivided Earnings 6,001,567
  TOTAL EQUITY 7,211,567
  TOTAL LIABILITIES, SHARES, & EQUITY 24,839,820
INCOME & EXPENSE  
 Loan Income 933,286
 Investment Income 210,823
 Other Income 89,834
 Total Employee Compensation & Benefits 616,387
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 361,852
 Non-operating Income & (Expense) -61,393
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 130,947
 Cost of Funds 96,417
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) -33,053
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