Dec, 31, 2023 — GO ENERGY FINANCIAL CREDIT UNION is a federally insured state chartered credit union headquartered in TUCKER, GA with 3 branch locations and about $143.42 million in total assets. Opened 55 years ago in 1969, GO ENERGY FINANCIAL CREDIT UNION has about 11,185 members and employs 31 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | GO ENERGY FINANCIAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 2100 E Exchange Pl Ste 101 TUCKER, GA 30084-5313 |
| Phone: | (470) 514-3000 |
| Fax: | (770) 938-9221 |
| Website: | https://goenergyfin.com |
| Branches: | 3 branch locations |
| Members: | 11,185 |
| Credit Union Type: | Federally Insured State Chartered Credit Union |
| Charter Number: | 68698 |
|---|---|
| Membership Type: | State chartered natural person |
| Corporate Credit Union: | No |
| Year Opened: | 1969 |
| Last Audited: | Sep 01, 2023 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $143,415,851 |
| CEO/Manager: | Mark Nofi |
| Chairperson: | Shaun Mock |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 4,163,903 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 38,288,534 |
| Unsecured Loans | 7,732,678 |
| Other Loans | 50,908,706 |
| TOTAL LOANS | 96,929,921 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -570,246 |
| Land And Building | 3,008,524 |
| Other Fixed Assets | 317,383 |
| NCUSIF Deposit | 1,274,460 |
| All Other Assets | 0 |
| TOTAL ASSETS | 143,415,851 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 657 |
| Notes & Interest Payable | 3,000,000 |
| Accounts Payable & Other Liabilities | 1,210,297 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 22,814,748 |
| Regular shares | 63,302,567 |
| All Other Shares & Deposits | 40,240,509 |
| TOTAL SHARES & DEPOSITS | 126,357,824 |
| TOTAL LIABILITIES | 130,568,778 |
| Regular Reserve | 0 |
| Other Reserves | -3,059,484 |
| Undivided Earnings | 15,906,557 |
| TOTAL EQUITY | 12,847,073 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 143,415,851 |
| INCOME & EXPENSE | |
| Loan Income | 4,811,520 |
| Investment Income | 1,072,761 |
| Other Income | 380,477 |
| Total Employee Compensation & Benefits | 2,844,206 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 2,393,513 |
| Non-operating Income & (Expense) | 864,274 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 306,042 |
| Cost of Funds | 677,419 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 1,847,293 |
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