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GREENEVILLE CITY EMPLOYEES' CREDIT UNION

Mar, 31, 2021 — GREENEVILLE CITY EMPLOYEES' CREDIT UNION is a federally insured state chartered credit union headquartered in Greeneville, TN with 1 branch location and about $11.81 million in total assets. Opened 56 years ago in 1965, GREENEVILLE CITY EMPLOYEES' CREDIT UNION has about 1,418 members and employs 3 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:GREENEVILLE CITY EMPLOYEES' CREDIT UNION
Address:
(Main Office)
310 S Main St Ste 3
Greeneville, TN 37743-6176
Phone:(423) 639-0907
Fax:(423) 639-9107
Website:n/a
Branches:1 branch locations
Members:1,418
Credit Union Type:Federally Insured State Chartered Credit Union
Charter Number:68127
Membership Type:State chartered natural person
Corporate Credit Union:No
Year Opened:1965
Last Audited:Jun 01, 2020
FHLB Member:No
Low Income Designation:No
Assets:$11,814,485
CEO/Manager:Ann Hixson
Chairperson:Leon Bird

Call Report

  • Risk Based Loans

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 730,256
TOTAL INVESTMENTS 2,801,143
Loans Held for Sale 0
 
 Real Estate Loans 0
 Unsecured Loans 544,745
 Other Loans 7,638,687
 TOTAL LOANS 8,183,432
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -34,201
 Land And Building 0
 Other Fixed Assets 213
 NCUSIF Deposit 85,803
 All Other Assets 47,839
  TOTAL ASSETS 11,814,485
LIABILITIES & CAPITAL:  
 Dividends Payable 26,743
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 59,780
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 0
 Regular shares 3,547,926
 All Other Shares & Deposits 5,201,253
  TOTAL SHARES & DEPOSITS 8,749,179
  TOTAL LIABILITIES 8,835,702
 Regular Reserve 410,801
 Other Reserves 0
 Undivided Earnings 2,567,982
  TOTAL EQUITY 2,978,783
  TOTAL LIABILITIES, SHARES, & EQUITY 11,814,485
INCOME & EXPENSE  
 Loan Income 93,442
 Investment Income 10,445
 Other Income 2,318
 Total Employee Compensation & Benefits 44,519
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 11,808
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 3,749
 Cost of Funds 15,442
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 31,439
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