Sep, 30, 2025 — TVA COMMUNITY CREDIT UNION is a federally insured state chartered credit union headquartered in MUSCLE SHOALS, AL with 11 branch locations and about $405.28 million in total assets. Opened 90 years ago in 1936, TVA COMMUNITY CREDIT UNION has about 19,921 members and employs 79 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | TVA COMMUNITY CREDIT UNION |
|---|---|
| Address: (Main Office) | 1405 S Wilson Dam Rd MUSCLE SHOALS, AL 35661 |
| Phone: | (256) 383-1019 |
| Fax: | (256) 386-1257 |
| Website: | https://www.tvaccu.com |
| Branches: | 11 branch locations |
| Members: | 19,921 |
| Credit Union Type: | Federally Insured State Chartered Credit Union |
| Charter Number: | 68559 |
|---|---|
| Membership Type: | State chartered natural person |
| Corporate Credit Union: | No |
| Year Opened: | 1936 |
| Last Audited: | Jun 01, 2025 |
| FHLB Member: | Yes |
| Low Income Designation: | No |
| Assets: | $405,277,508 |
| CEO/Manager: | Samuel Clements |
| Chairperson: | Larry G Softley, Jr |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 44,078,626 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 79,600,682 |
| Unsecured Loans | 11,350,397 |
| Other Loans | 64,025,209 |
| TOTAL LOANS | 154,976,290 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -902,524 |
| Land And Building | 6,986,235 |
| Other Fixed Assets | 216,986 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 3,425,941 |
| All Other Assets | 63,308 |
| TOTAL ASSETS | 405,277,508 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | -2,236,797 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 68,232,532 |
| Regular shares | 150,491,638 |
| All Other Shares & Deposits | 135,797,300 |
| TOTAL SHARES & DEPOSITS | 354,521,471 |
| TOTAL LIABILITIES | 352,296,084 |
| Regular Reserve | 0 |
| Other Reserves | -450,851 |
| Undivided Earnings | 53,432,275 |
| TOTAL EQUITY | 52,981,424 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 405,277,508 |
| INCOME & EXPENSE | |
| Loan Income | 7,218,589 |
| Investment Income | 4,699,976 |
| Other Income | 1,380,895 |
| Total Employee Compensation & Benefits | 3,223,988 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 2,939,815 |
| Non-operating Income & (Expense) | -37,824 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 293,167 |
| Cost of Funds | 3,549,236 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 3,680,116 |
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