Dec, 31, 2023 — MACON-BIBB EMPLOYEES CREDIT UNION is a federally insured state chartered credit union headquartered in MACON, GA with 1 branch location and about $3.59 million in total assets. Opened 73 years ago in 1951, MACON-BIBB EMPLOYEES CREDIT UNION has about 975 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
Name: | MACON-BIBB EMPLOYEES CREDIT UNION |
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Address: (Main Office) | 150 Willie Smokie Glover Dr MACON, GA 31201-2822 |
Phone: | (478) 219-1162 |
Fax: | (478) 751-7044 |
Website: | https://maconbibbecu.org |
Branches: | 1 branch locations |
Members: | 975 |
Credit Union Type: | Federally Insured State Chartered Credit Union |
Charter Number: | 67688 |
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Membership Type: | State chartered natural person |
Corporate Credit Union: | No |
Year Opened: | 1951 |
Last Audited: | Dec 01, 2022 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $3,586,961 |
CEO/Manager: | Rita Dean |
Chairperson: | Wanzina Jackson |
ASSETS: | $ Amount |
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Cash & Equivalents | 569,590 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 0 |
Real Estate Loans | 0 |
Unsecured Loans | 268,916 |
Other Loans | 2,047,178 |
TOTAL LOANS | 2,316,094 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -12,091 |
Land And Building | 0 |
Other Fixed Assets | 2,043 |
NCUSIF Deposit | 32,222 |
All Other Assets | 14,050 |
TOTAL ASSETS | 3,586,961 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 0 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 7,523 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 0 |
Regular shares | 2,164,642 |
All Other Shares & Deposits | 973,586 |
TOTAL SHARES & DEPOSITS | 3,138,228 |
TOTAL LIABILITIES | 3,145,751 |
Regular Reserve | 0 |
Other Reserves | 0 |
Undivided Earnings | 441,210 |
TOTAL EQUITY | 441,210 |
TOTAL LIABILITIES, SHARES, & EQUITY | 3,586,961 |
INCOME & EXPENSE | |
Loan Income | 211,472 |
Investment Income | 29,533 |
Other Income | 23,933 |
Total Employee Compensation & Benefits | 109,360 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 158,572 |
Non-operating Income & (Expense) | -4,018 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | -2,256 |
Cost of Funds | 30,040 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | -30,624 |
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