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O.M.C. EMPLOYEES' CREDIT UNION

Sep, 30, 2025 — O.M.C. EMPLOYEES' CREDIT UNION is a federally insured state chartered credit union headquartered in CHARLESTON, TN with 0 branch location and about $27.30 million in total assets. Opened 57 years ago in 1969, O.M.C. EMPLOYEES' CREDIT UNION has about 1,980 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:O.M.C. EMPLOYEES' CREDIT UNION
Address:
(Main Office)
1186 Old Lower River Rd NW
CHARLESTON, TN 37310
Phone:(423) 336-4331
Fax:(423) 336-4614
Website:https://www.omcecu.com
Branches:0 branch locations
Members:1,980
Credit Union Type:Federally Insured State Chartered Credit Union
Charter Number:67946
Membership Type:State chartered natural person
Corporate Credit Union:No
Year Opened:1969
Last Audited:Mar 01, 2025
FHLB Member:No
Low Income Designation:No
Assets:$27,298,480
CEO/Manager:Stephanie C Young
Chairperson:Trendel Hodges

Call Report

  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 7,018,875
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 5,438,459
 Unsecured Loans 641,701
 Other Loans 6,695,424
 TOTAL LOANS 12,775,584
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -41,903
 Land And Building 0
 Other Fixed Assets 6,183
 NCUSIF (National Credit Union Share Insurance Fund) Deposit 243,823
 All Other Assets 0
  TOTAL ASSETS 27,298,480
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 159,811
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 2,684,883
 Regular shares 11,798,329
 All Other Shares & Deposits 9,720,885
  TOTAL SHARES & DEPOSITS 24,204,097
  TOTAL LIABILITIES 24,363,908
 Regular Reserve 0
 Other Reserves 0
 Undivided Earnings 2,934,572
  TOTAL EQUITY 2,934,572
  TOTAL LIABILITIES, SHARES, & EQUITY 27,298,480
INCOME & EXPENSE  
 Loan Income 470,066
 Investment Income 348,697
 Other Income 75,736
 Total Employee Compensation & Benefits 231,954
 NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense 0
 Total Other Operating Expenses 280,024
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 8,563
 Cost of Funds 242,932
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 142,760
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