CEMC EMPLOYEES CREDIT UNION is no longer an active credit union according to the NCUA.
Sep, 30, 2025 — CEMC EMPLOYEES CREDIT UNION is a federally insured state chartered credit union headquartered in CLARKSVILLE, TN with 1 branch location and about $2.49 million in total assets. Opened 67 years ago in 1959, CEMC EMPLOYEES CREDIT UNION has about 556 members and employs 4 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | CEMC EMPLOYEES CREDIT UNION |
|---|---|
| Address: (Main Office) | PO BOX 3300 CLARKSVILLE, TN 37043 |
| Phone: | (931) 645-2481 |
| Fax: | (931) 221-4019 |
| Website: | n/a |
| Branches: | 1 branch locations |
| Members: | 556 |
| Credit Union Type: | Federally Insured State Chartered Credit Union |
| Charter Number: | 68149 |
|---|---|
| Membership Type: | State chartered natural person |
| Corporate Credit Union: | No |
| Year Opened: | 1959 |
| Last Audited: | May 01, 2021 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $2,492,584 |
| CEO/Manager: | LORI VON PALKO |
| Chairperson: | SCOTT BAGWELL |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 772,009 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 0 |
| Unsecured Loans | 281,907 |
| Other Loans | 1,182,175 |
| TOTAL LOANS | 1,464,082 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -18,301 |
| Land And Building | 0 |
| Other Fixed Assets | 849 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 19,167 |
| All Other Assets | 0 |
| TOTAL ASSETS | 2,492,584 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 521 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 10,136 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 0 |
| Regular shares | 828,432 |
| All Other Shares & Deposits | 1,213,838 |
| TOTAL SHARES & DEPOSITS | 2,042,270 |
| TOTAL LIABILITIES | 2,052,927 |
| Regular Reserve | 0 |
| Other Reserves | 0 |
| Undivided Earnings | 439,657 |
| TOTAL EQUITY | 439,657 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 2,492,584 |
| INCOME & EXPENSE | |
| Loan Income | 77,497 |
| Investment Income | 2,532 |
| Other Income | 14,816 |
| Total Employee Compensation & Benefits | 62,924 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 15,610 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 0 |
| Cost of Funds | 3,295 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 13,016 |
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