Credit Unions Near Me
National Credit Union Service Organization

SMART CHOICE CREDIT UNION

Dec, 31, 2023 — SMART CHOICE CREDIT UNION is a federally insured state chartered credit union headquartered in CLEVELAND, TN with 2 branch locations and about $3.67 million in total assets. Opened 21 years ago in 2003, SMART CHOICE CREDIT UNION has about 942 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:SMART CHOICE CREDIT UNION
Address:
(Main Office)
1075 Blythe Ave SE
CLEVELAND, TN 37311-2948
Phone:(423) 559-1181
Fax:(423) 339-1056
Website:https://smartchoicecreditunion.com
Branches:2 branch locations
Members:942
Credit Union Type:Federally Insured State Chartered Credit Union
Charter Number:68513
Membership Type:State chartered natural person
Corporate Credit Union:No
Year Opened:2003
Last Audited:Mar 01, 2023
FHLB Member:No
Low Income Designation:No
Assets:$3,669,137
CEO/Manager:DENIS COLLINS
Chairperson:James T Neaton

Call Report

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 1,249,459
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 24,017
 Unsecured Loans 267,229
 Other Loans 1,077,793
 TOTAL LOANS 1,369,039
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -40,692
 Land And Building 0
 Other Fixed Assets 0
 NCUSIF Deposit 33,206
 All Other Assets 0
  TOTAL ASSETS 3,669,137
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 22,920
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 0
 Regular shares 1,490,411
 All Other Shares & Deposits 1,799,200
  TOTAL SHARES & DEPOSITS 3,289,612
  TOTAL LIABILITIES 3,312,532
 Regular Reserve 0
 Other Reserves 0
 Undivided Earnings 356,605
  TOTAL EQUITY 356,605
  TOTAL LIABILITIES, SHARES, & EQUITY 3,669,137
INCOME & EXPENSE  
 Loan Income 139,894
 Investment Income 56,336
 Other Income 18,969
 Total Employee Compensation & Benefits 131,534
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 58,120
 Non-operating Income & (Expense) 1
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 0
 Cost of Funds 11,159
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 14,387
↑ Back to Top

Other Credit Unions

B. M. H. FEDERAL CREDIT UNION
2305 CHAMBLISS AVE NW
CLEVELAND, TN 37311
PATHWAY CREDIT UNION
2751 RALPH BUCKNER BLVD NE
CLEVELAND, TN 37311-1454
BASF CHATTANOOGA FEDERAL CREDIT UNION
2120 Polymer Dr
CHATTANOOGA, TN 37421-2207
MEMORIAL CREDIT UNION
6800 Longview Rd
CHATTANOOGA, TN 37421
APPLIANCE CREDIT UNION
150 Linden Ave SE
CLEVELAND, TN 37311
COLLEGEDALE CREDIT UNION
5046 University Drive
COLLEGEDALE, TN 37315
O.M.C. EMPLOYEES' CREDIT UNION
1186 Old Lower River Rd NW
CHARLESTON, TN 37310
I B E W 175 FEDERAL CREDIT UNION
3922 VOLUNTEER DR STE 11
CHATTANOOGA, TN 37416-3901
CLEVELAND-BRADLEY CTY TEACHER FEDERAL CREDIT UNION
420 Central Ave NW
CLEVELAND, TN 37311
CHATTANOOGA FEDERAL EMPLOYEES CREDIT UNION
2011 Stein Dr
CHATTANOOGA, TN 37421-1692