Dec, 31, 2023 — HURD EMPLOYEES CREDIT UNION is a federally insured state chartered credit union headquartered in GREENEVILLE, TN with 1 branch location and about $4.39 million in total assets. Opened 56 years ago in 1968, HURD EMPLOYEES CREDIT UNION has about 429 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | HURD EMPLOYEES CREDIT UNION |
|---|---|
| Address: (Main Office) | 200 W Church St GREENEVILLE, TN 37745-3806 |
| Phone: | (423) 639-4371 |
| Fax: | (423) 639-3923 |
| Website: | n/a |
| Branches: | 1 branch locations |
| Members: | 429 |
| Credit Union Type: | Federally Insured State Chartered Credit Union |
| Charter Number: | 68144 |
|---|---|
| Membership Type: | State chartered natural person |
| Corporate Credit Union: | No |
| Year Opened: | 1968 |
| Last Audited: | Sep 01, 2022 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $4,394,168 |
| CEO/Manager: | Carole Thornburg |
| Chairperson: | Anthony Morelock |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 439,581 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 0 |
| Unsecured Loans | 22,706 |
| Other Loans | 3,096,454 |
| TOTAL LOANS | 3,119,159 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -90,257 |
| Land And Building | 0 |
| Other Fixed Assets | 0 |
| NCUSIF Deposit | 28,083 |
| All Other Assets | 0 |
| TOTAL ASSETS | 4,394,168 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 10,989 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 0 |
| Regular shares | 427,128 |
| All Other Shares & Deposits | 2,469,573 |
| TOTAL SHARES & DEPOSITS | 2,896,701 |
| TOTAL LIABILITIES | 2,907,690 |
| Regular Reserve | 0 |
| Other Reserves | 0 |
| Undivided Earnings | 1,486,478 |
| TOTAL EQUITY | 1,486,478 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 4,394,168 |
| INCOME & EXPENSE | |
| Loan Income | 162,931 |
| Investment Income | 14,365 |
| Other Income | 12,933 |
| Total Employee Compensation & Benefits | 62,099 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 54,250 |
| Non-operating Income & (Expense) | 100 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 60,647 |
| Cost of Funds | 61,984 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | -48,651 |
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