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MACON FIREMEN'S CREDIT UNION

Dec, 31, 2020 — MACON FIREMEN'S CREDIT UNION is a federally insured state chartered credit union headquartered in MACON, GA with 1 branch location and about $4.78 million in total assets. Opened 79 years ago in 1942, MACON FIREMEN'S CREDIT UNION has about 671 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:MACON FIREMEN'S CREDIT UNION
Address:
(Main Office)
899 Oglethorpe St
MACON, GA 31201-6801
Phone:(478) 741-4006
Fax:(478) 755-9900
Website:n/a
Branches:1 branch locations
Members:671
Credit Union Type:Federally Insured State Chartered Credit Union
Charter Number:67687
Membership Type:State chartered natural person
Corporate Credit Union:No
Year Opened:1942
Last Audited:Jun 01, 2020
FHLB Member:No
Low Income Designation:No
Assets:$4,776,289
CEO/Manager:LINDA HARDWICK
Chairperson:ROBY FULLER

Call Report

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 447,972
TOTAL INVESTMENTS 1,351,631
Loans Held for Sale 0
 
 Real Estate Loans 0
 Unsecured Loans 1,070,135
 Other Loans 1,896,259
 TOTAL LOANS 2,966,394
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -84,640
 Land And Building 49,940
 Other Fixed Assets 112
 NCUSIF Deposit 33,784
 All Other Assets 11,096
  TOTAL ASSETS 4,776,289
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 3,833
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 0
 Regular shares 2,243,647
 All Other Shares & Deposits 1,171,280
  TOTAL SHARES & DEPOSITS 3,414,927
  TOTAL LIABILITIES 3,418,760
 Regular Reserve 124,780
 Other Reserves 0
 Undivided Earnings 1,232,749
  TOTAL EQUITY 1,357,529
  TOTAL LIABILITIES, SHARES, & EQUITY 4,776,289
INCOME & EXPENSE  
 Loan Income 235,430
 Investment Income 25,689
 Other Income 18,244
 Total Employee Compensation & Benefits 101,229
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 98,447
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 30,000
 Cost of Funds 36,473
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 13,214
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