LANGSTON BAG CO. EMPLS. SAV. ASSN. CREDIT UNION is no longer an active credit union according to the NCUA.
Jun, 30, 2024 — LANGSTON BAG CO. EMPLS. SAV. ASSN. CREDIT UNION is a federally insured state chartered credit union headquartered in MEMPHIS, TN with 0 branch location and about $56,622 in total assets. Opened 60 years ago in 1964, LANGSTON BAG CO. EMPLS. SAV. ASSN. CREDIT UNION has about 26 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
Name: | LANGSTON BAG CO. EMPLS. SAV. ASSN. CREDIT UNION |
---|---|
Address: (Main Office) | 1760 S 3RD ST MEMPHIS, TN 38109-7712 |
Phone: | (901) 774-4440 |
Fax: | (901) 942-5402 |
Website: | n/a |
Branches: | 0 branch locations |
Members: | 26 |
Credit Union Type: | Federally Insured State Chartered Credit Union |
Charter Number: | 68164 |
---|---|
Membership Type: | State chartered natural person |
Corporate Credit Union: | No |
Year Opened: | 1964 |
Last Audited: | Dec 01, 2019 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $56,622 |
CEO/Manager: | Roy Wooten |
Chairperson: | George Parkey |
ASSETS: | $ Amount |
---|---|
Cash & Equivalents | 37,111 |
TOTAL INVESTMENTS | 19,961 |
Loans Held for Sale | 0 |
Real Estate Loans | 0 |
Unsecured Loans | 2,864 |
Other Loans | 0 |
TOTAL LOANS | 2,864 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -3,900 |
Land And Building | 0 |
Other Fixed Assets | 0 |
NCUSIF Deposit | 371 |
All Other Assets | 215 |
TOTAL ASSETS | 56,622 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 0 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 1,042 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 0 |
Regular shares | 38,938 |
All Other Shares & Deposits | 0 |
TOTAL SHARES & DEPOSITS | 38,938 |
TOTAL LIABILITIES | 39,980 |
Regular Reserve | 1,063 |
Other Reserves | 0 |
Undivided Earnings | 15,579 |
TOTAL EQUITY | 16,642 |
TOTAL LIABILITIES, SHARES, & EQUITY | 56,622 |
INCOME & EXPENSE | |
Loan Income | 1,118 |
Investment Income | 338 |
Other Income | 636 |
Total Employee Compensation & Benefits | 0 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 288 |
Non-operating Income & (Expense) | 0 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 588 |
Cost of Funds | 0 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | 1,216 |
↑ Back to Top |