Jun, 30, 2024 — OCALA COMMUNITY CREDIT UNION is a federally insured state chartered credit union headquartered in OCALA, FL with 2 branch locations and about $48.15 million in total assets. Opened 72 years ago in 1953, OCALA COMMUNITY CREDIT UNION has about 2,936 members and employs 9 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
Name: | OCALA COMMUNITY CREDIT UNION |
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Address: (Main Office) | 2675 SE 36th Ave OCALA, FL 34471 |
Phone: | (352) 509-3200 |
Fax: | (352) 629-0663 |
Website: | https://www.ocalacommunitycu.com |
Branches: | 2 branch locations |
Members: | 2,936 |
Credit Union Type: | Federally Insured State Chartered Credit Union |
Charter Number: | 67938 |
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Membership Type: | State chartered natural person |
Corporate Credit Union: | No |
Year Opened: | 1953 |
Last Audited: | Mar 01, 2022 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $48,147,032 |
CEO/Manager: | Steven Nazaruk |
Chairperson: | Jackie Guti?rrez |
ASSETS: | $ Amount |
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Cash & Equivalents | 3,534,622 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 0 |
Real Estate Loans | 4,208,494 |
Unsecured Loans | 1,797,205 |
Other Loans | 11,622,740 |
TOTAL LOANS | 17,675,950 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -161,627 |
Land And Building | 983,133 |
Other Fixed Assets | 141,085 |
NCUSIF Deposit | 394,917 |
All Other Assets | 0 |
TOTAL ASSETS | 48,147,032 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 0 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 403,548 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 9,381,209 |
Regular shares | 25,221,453 |
All Other Shares & Deposits | 8,783,873 |
TOTAL SHARES & DEPOSITS | 43,386,535 |
TOTAL LIABILITIES | 43,790,083 |
Regular Reserve | 0 |
Other Reserves | 0 |
Undivided Earnings | 4,356,949 |
TOTAL EQUITY | 4,356,949 |
TOTAL LIABILITIES, SHARES, & EQUITY | 48,147,032 |
INCOME & EXPENSE | |
Loan Income | 628,320 |
Investment Income | 246,519 |
Other Income | 191,341 |
Total Employee Compensation & Benefits | 486,051 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 415,294 |
Non-operating Income & (Expense) | 4,693 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 57,112 |
Cost of Funds | 46,716 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | 77,714 |
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