Sep, 30, 2025 — WINSOUTH CREDIT UNION (WCU) is a federally insured state chartered credit union headquartered in GADSDEN, AL with 9 branch locations and about $451.25 million in total assets. Opened 75 years ago in 1951, WINSOUTH CREDIT UNION (WCU) has about 36,133 members and employs 128 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | WINSOUTH CREDIT UNION |
|---|---|
| Address: (Main Office) | 110 S 26TH ST GADSDEN, AL 35904-1935 |
| Phone: | (256) 543-7302 |
| Fax: | (256) 543-7387 |
| Website: | https://www.winsouthcu.com |
| Branches: | 9 branch locations |
| Members: | 36,133 |
| Credit Union Type: | Federally Insured State Chartered Credit Union |
| Charter Number: | 68744 |
|---|---|
| Membership Type: | State chartered natural person |
| Corporate Credit Union: | No |
| Year Opened: | 1951 |
| Last Audited: | Mar 01, 2025 |
| FHLB Member: | Yes |
| Low Income Designation: | No |
| Assets: | $451,253,728 |
| CEO/Manager: | DAVID EUBANKS |
| Chairperson: | DON SMITH |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 45,418,976 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 120,427,929 |
| Unsecured Loans | 14,419,915 |
| Other Loans | 156,302,311 |
| TOTAL LOANS | 291,714,186 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -2,344,483 |
| Land And Building | 5,574,720 |
| Other Fixed Assets | 253,106 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 3,895,070 |
| All Other Assets | 319,926 |
| TOTAL ASSETS | 451,253,728 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 9,866 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 3,903,807 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 67,227,235 |
| Regular shares | 120,672,784 |
| All Other Shares & Deposits | 226,802,991 |
| TOTAL SHARES & DEPOSITS | 414,703,010 |
| TOTAL LIABILITIES | 418,616,683 |
| Regular Reserve | 0 |
| Other Reserves | -13,218,467 |
| Undivided Earnings | 45,855,512 |
| TOTAL EQUITY | 32,637,045 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 451,253,728 |
| INCOME & EXPENSE | |
| Loan Income | 12,705,625 |
| Investment Income | 3,209,748 |
| Other Income | 2,500,797 |
| Total Employee Compensation & Benefits | 5,926,634 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 6,944,075 |
| Non-operating Income & (Expense) | 337,652 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 1,200,000 |
| Cost of Funds | 5,343,977 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 2,313,013 |
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