Sep, 30, 2025 — CHATTANOOGA AREA SCHOOLS FEDERAL CREDIT UNION is a federal credit union headquartered in CHATTANOOGA, TN with 1 branch location and about $189.35 million in total assets. Opened 91 years ago in 1935, CHATTANOOGA AREA SCHOOLS FEDERAL CREDIT UNION has about 12,412 members and employs 13 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | CHATTANOOGA AREA SCHOOLS FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 1201 Bailey Ave CHATTANOOGA, TN 37404-2806 |
| Phone: | (423) 624-9094 |
| Fax: | (423) 622-3845 |
| Website: | https://www.casfcu.com/ |
| Branches: | 1 branch locations |
| Members: | 12,412 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 690 |
|---|---|
| Membership Type: | Educational |
| Corporate Credit Union: | No |
| Year Opened: | 1935 |
| Last Audited: | Dec 01, 2024 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $189,348,442 |
| CEO/Manager: | David A Siatkowski |
| Chairperson: | Richard F Allison |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 5,700,667 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 38,308,242 |
| Unsecured Loans | 5,103,345 |
| Other Loans | 44,997,494 |
| TOTAL LOANS | 88,409,081 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -174,342 |
| Land And Building | 400,000 |
| Other Fixed Assets | 92,745 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 1,500,636 |
| All Other Assets | 0 |
| TOTAL ASSETS | 189,348,442 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 857,784 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 380,542 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 0 |
| Regular shares | 49,126,084 |
| All Other Shares & Deposits | 115,551,416 |
| TOTAL SHARES & DEPOSITS | 164,677,500 |
| TOTAL LIABILITIES | 165,915,826 |
| Regular Reserve | 0 |
| Other Reserves | 10,368,194 |
| Undivided Earnings | 13,064,422 |
| TOTAL EQUITY | 23,432,616 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 189,348,442 |
| INCOME & EXPENSE | |
| Loan Income | 3,621,560 |
| Investment Income | 1,909,430 |
| Other Income | 0 |
| Total Employee Compensation & Benefits | 1,122,849 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 757,852 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 0 |
| Cost of Funds | 3,158,958 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 524,662 |
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