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KNOX CO. EMPLOYEES CREDIT UNION

Dec, 31, 2023 — KNOX CO. EMPLOYEES CREDIT UNION is a federally insured state chartered credit union headquartered in KNOXVILLE, TN with 2 branch locations and about $11.09 million in total assets. Opened 50 years ago in 1974, KNOX CO. EMPLOYEES CREDIT UNION has about 1,389 members and employs 5 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


ABA Routing Number: 264279541
Name:KNOX CO. EMPLOYEES CREDIT UNION
Address:
(Main Office)
400 W Main St RM 355
KNOXVILLE, TN 37902
Phone:(865) 215-2364
Fax:(865) 215-4319
Website:https://www.knoxcountyecu.com
Branches:2 branch locations
Members:1,389
Credit Union Type:Federally Insured State Chartered Credit Union
Charter Number:67793
Membership Type:State chartered natural person
Corporate Credit Union:No
Year Opened:1974
Last Audited:Sep 01, 2022
FHLB Member:No
Low Income Designation:No
Assets:$11,086,499
CEO/Manager:KERRI R HAYNES
Chairperson:JENNIFER SCHROEDER

Call Report

  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 691,927
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 0
 Unsecured Loans 724,287
 Other Loans 6,584,988
 TOTAL LOANS 7,309,275
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -19,972
 Land And Building 0
 Other Fixed Assets 0
 NCUSIF Deposit 98,486
 All Other Assets 0
  TOTAL ASSETS 11,086,499
LIABILITIES & CAPITAL:  
 Dividends Payable 8,145
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities -16,139
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 1,446,114
 Regular shares 6,404,197
 All Other Shares & Deposits 1,328,109
  TOTAL SHARES & DEPOSITS 9,178,420
  TOTAL LIABILITIES 9,170,426
 Regular Reserve 0
 Other Reserves 0
 Undivided Earnings 1,916,073
  TOTAL EQUITY 1,916,073
  TOTAL LIABILITIES, SHARES, & EQUITY 11,086,499
INCOME & EXPENSE  
 Loan Income 320,646
 Investment Income 81,211
 Other Income 34,709
 Total Employee Compensation & Benefits 163,080
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 184,101
 Non-operating Income & (Expense) 1,710
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 26,086
 Cost of Funds 22,511
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 91,963
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