Sep, 30, 2025 — TUSCALOOSA V A FEDERAL CREDIT UNION is a federal credit union headquartered in TUSCALOOSA, AL with 2 branch locations and about $49.87 million in total assets. Opened 75 years ago in 1951, TUSCALOOSA V A FEDERAL CREDIT UNION has about 3,442 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: | TUSCALOOSA V A FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 3701 Loop Rd TUSCALOOSA, AL 35404 |
| Phone: | (205) 556-7819 |
| Fax: | (205) 553-1629 |
| Website: | https://www.tvacu.com |
| Branches: | 2 branch locations |
| Members: | 3,442 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 7532 |
|---|---|
| Membership Type: | Community credit unions, urban or rural, other than those designated 'low income' |
| Corporate Credit Union: | No |
| Year Opened: | 1951 |
| Last Audited: | Aug 01, 2024 |
| FHLB Member: | Yes |
| Low Income Designation: | No |
| Assets: | $49,867,626 |
| CEO/Manager: | Phillip Blankenship |
| Chairperson: | Nina Cephus |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 7,666,421 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 5,295,403 |
| Unsecured Loans | 8,000,058 |
| Other Loans | 13,513,801 |
| TOTAL LOANS | 26,809,262 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -320,467 |
| Land And Building | 0 |
| Other Fixed Assets | 156,748 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 410,123 |
| All Other Assets | 15,500 |
| TOTAL ASSETS | 49,867,626 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 253,247 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 7,772,390 |
| Regular shares | 18,583,899 |
| All Other Shares & Deposits | 17,683,628 |
| TOTAL SHARES & DEPOSITS | 44,039,917 |
| TOTAL LIABILITIES | 44,293,164 |
| Regular Reserve | 0 |
| Other Reserves | -843,963 |
| Undivided Earnings | 6,418,425 |
| TOTAL EQUITY | 5,574,462 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 49,867,626 |
| INCOME & EXPENSE | |
| Loan Income | 1,230,241 |
| Investment Income | 483,949 |
| Other Income | 241,434 |
| Total Employee Compensation & Benefits | 601,603 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 655,291 |
| Non-operating Income & (Expense) | -10,244 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 131,000 |
| Cost of Funds | 311,605 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 245,881 |
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