Sep, 30, 2025 — HALLCO COMMUNITY CREDIT UNION is a federally insured state chartered credit union headquartered in GAINESVILLE, GA with 9 branch locations and about $239.37 million in total assets. Opened 55 years ago in 1971, HALLCO COMMUNITY CREDIT UNION has about 20,307 members and employs 62 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | HALLCO COMMUNITY CREDIT UNION |
|---|---|
| Address: (Main Office) | 2601 Limestone Pkwy GAINESVILLE, GA 30501 |
| Phone: | (770) 534-4255 |
| Fax: | (770) 534-8005 |
| Website: | https://www.mygacu.com |
| Branches: | 9 branch locations |
| Members: | 20,307 |
| Credit Union Type: | Federally Insured State Chartered Credit Union |
| Charter Number: | 68602 |
|---|---|
| Membership Type: | State chartered natural person |
| Corporate Credit Union: | No |
| Year Opened: | 1971 |
| Last Audited: | Mar 01, 2025 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $239,372,345 |
| CEO/Manager: | Joe Foster |
| Chairperson: | Lamar Gailey |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 16,147,837 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 33,514,839 |
| Unsecured Loans | 11,635,544 |
| Other Loans | 105,950,898 |
| TOTAL LOANS | 151,992,835 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -1,587,500 |
| Land And Building | 3,036,603 |
| Other Fixed Assets | 4,268,955 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 1,872,993 |
| All Other Assets | 0 |
| TOTAL ASSETS | 239,372,345 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 4,224,555 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 37,024,155 |
| Regular shares | 69,628,023 |
| All Other Shares & Deposits | 101,777,991 |
| TOTAL SHARES & DEPOSITS | 208,430,169 |
| TOTAL LIABILITIES | 212,654,724 |
| Regular Reserve | 0 |
| Other Reserves | 4,991,265 |
| Undivided Earnings | 21,726,356 |
| TOTAL EQUITY | 26,717,621 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 239,372,345 |
| INCOME & EXPENSE | |
| Loan Income | 7,867,025 |
| Investment Income | 2,190,795 |
| Other Income | 1,962,085 |
| Total Employee Compensation & Benefits | 3,496,567 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 3,315,424 |
| Non-operating Income & (Expense) | 270,640 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 1,019,825 |
| Cost of Funds | 2,618,671 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 2,152,054 |
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