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FLOWERS FOODS EMPLOYEES CREDIT LEAGUE

Mar, 31, 2022 — FLOWERS FOODS EMPLOYEES CREDIT LEAGUE is a federally insured state chartered credit union headquartered in THOMASVILLE, GA with 1 branch location and about $26.26 million in total assets. Opened 51 years ago in 1971, FLOWERS FOODS EMPLOYEES CREDIT LEAGUE has about 5,052 members and employs 7 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:5,052
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, 2020
FHLB Member:No
Low Income Designation:No
Assets:$26,263,691
CEO/Manager:Jack Singletary
Chairperson:Dan Stone

Call Report

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 6,748,554
TOTAL INVESTMENTS 8,814,506
Loans Held for Sale 0
 
 Real Estate Loans 0
 Unsecured Loans 2,206,668
 Other Loans 7,904,948
 TOTAL LOANS 10,111,616
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -232,791
 Land And Building 259,226
 Other Fixed Assets 0
 NCUSIF Deposit 171,784
 All Other Assets 390,796
  TOTAL ASSETS 26,263,691
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 130,472
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 0
 Regular shares 16,015,047
 All Other Shares & Deposits 3,063,085
  TOTAL SHARES & DEPOSITS 19,078,132
  TOTAL LIABILITIES 19,208,604
 Regular Reserve 1,210,000
 Other Reserves 0
 Undivided Earnings 5,845,087
  TOTAL EQUITY 7,055,087
  TOTAL LIABILITIES, SHARES, & EQUITY 26,263,691
INCOME & EXPENSE  
 Loan Income 655,919
 Investment Income 103,574
 Other Income 36,035
 Total Employee Compensation & Benefits 435,347
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 289,054
 Non-operating Income & (Expense) -112,726
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 114,874
 Cost of Funds 29,730
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) -156,481
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