Credit Unions Near Me
National Credit Union Service Organization

SOUTHERN PINE CREDIT UNION

Jun, 30, 2021 — SOUTHERN PINE CREDIT UNION is a federally insured state chartered credit union headquartered in VALDOSTA, GA with 1 branch location and about $43.35 million in total assets. Opened 30 years ago in 1991, SOUTHERN PINE CREDIT UNION has about 1,610 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:SOUTHERN PINE CREDIT UNION
Address:
(Main Office)
PO Box 1048
VALDOSTA, GA 31603-1048
Phone:(229) 559-3311
Fax:(229) 559-3333
Website:http://www.southernpinecu.org
Branches:1 branch locations
Members:1,610
Credit Union Type:Federally Insured State Chartered Credit Union
Charter Number:67403
Membership Type:State chartered natural person
Corporate Credit Union:No
Year Opened:1991
Last Audited:Sep 01, 2019
FHLB Member:No
Low Income Designation:No
Assets:$43,352,913
CEO/Manager:Samuel H Dawson
Chairperson:

Call Report

  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 9,816,485
TOTAL INVESTMENTS 7,166,100
Loans Held for Sale 0
 
 Real Estate Loans 17,978,470
 Unsecured Loans 1,110,596
 Other Loans 7,112,448
 TOTAL LOANS 26,201,514
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -373,033
 Land And Building 0
 Other Fixed Assets 5,874
 NCUSIF Deposit 388,508
 All Other Assets 147,465
  TOTAL ASSETS 43,352,913
LIABILITIES & CAPITAL:  
 Dividends Payable 16,815
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 145,402
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 2,116,601
 Regular shares 29,255,515
 All Other Shares & Deposits 8,862,293
  TOTAL SHARES & DEPOSITS 40,234,409
  TOTAL LIABILITIES 40,396,626
 Regular Reserve 833,432
 Other Reserves 0
 Undivided Earnings 2,122,855
  TOTAL EQUITY 2,956,287
  TOTAL LIABILITIES, SHARES, & EQUITY 43,352,913
INCOME & EXPENSE  
 Loan Income 629,160
 Investment Income 61,180
 Other Income 11,027
 Total Employee Compensation & Benefits 180,534
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 389,242
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense -29,882
 Cost of Funds 49,543
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 162,762
↑ Back to Top

Other Credit Unions

BERRIEN TEACHERS FEDERAL CREDIT UNION
P.O. BOX 625
NASHVILLE, GA 31639
HARRIS EMPLOYEES CREDIT UNION
P. O. BOX 998
CORDELE, GA 31010
LOCOGA FEDERAL CREDIT UNION
PO Box 5787
VALDOSTA, GA 31603
COLQUITT COUNTY TEACHER FEDERAL CREDIT UNION
PO Box 2708
MOULTRIE, GA 31776
COFFEE COUNTY TEACHERS FEDERAL CREDIT UNION
1006 MADISON AVE N
DOUGLAS, GA 31533-3128
CRMC EMPLOYEES CREDIT UNION
PO BOX 1287
DOUGLAS, GA 31533
WARE COUNTY SCHOOL EMPLOYEES FEDERAL CREDIT UNION
1301 BAILEY ST
WAYCROSS, GA 31501
VALDOSTA TEACHERS FEDERAL CREDIT UNION
102 E. Force Street
VALDOSTA, GA 31601-3904
GEORGIA POWER VALDOSTA FEDERAL CREDIT UNION
1707 DOW STREET
VALDOSTA, GA 31601
FLOWERS FOODS EMPLOYEES CREDIT LEAGUE
P. O. BOX 3137
THOMASVILLE, GA 31799