Credit Unions Near Me
National Credit Union Service Organization

TUSCALOOSA V A FEDERAL CREDIT UNION

Dec, 31, 2023 — TUSCALOOSA V A FEDERAL CREDIT UNION is a federal credit union headquartered in TUSCALOOSA, AL with 2 branch locations and about $44.81 million in total assets. Opened 73 years ago in 1951, TUSCALOOSA V A FEDERAL CREDIT UNION has about 3,247 members and employs 17 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


ABA Routing Number: 262277273
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:3,247
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:Sep 01, 2022
FHLB Member:No
Low Income Designation:No
Assets:$44,814,133
CEO/Manager:Phillip Blankenship
Chairperson:Nina Cephus

Call Report

  • Payday Alternative Loans (PAL Loans)
  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 6,375,722
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 7,026,787
 Unsecured Loans 1,232,774
 Other Loans 12,982,656
 TOTAL LOANS 21,242,217
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -229,340
 Land And Building 0
 Other Fixed Assets 76,761
 NCUSIF Deposit 415,370
 All Other Assets 15,000
  TOTAL ASSETS 44,814,133
LIABILITIES & CAPITAL:  
 Dividends Payable 1,099
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 397,216
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 7,543,968
 Regular shares 17,108,616
 All Other Shares & Deposits 15,271,051
  TOTAL SHARES & DEPOSITS 39,923,635
  TOTAL LIABILITIES 40,321,950
 Regular Reserve 0
 Other Reserves -1,409,033
 Undivided Earnings 5,901,216
  TOTAL EQUITY 4,492,183
  TOTAL LIABILITIES, SHARES, & EQUITY 44,814,133
INCOME & EXPENSE  
 Loan Income 961,603
 Investment Income 646,643
 Other Income 348,094
 Total Employee Compensation & Benefits 661,762
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 754,608
 Non-operating Income & (Expense) -46
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 34,300
 Cost of Funds 221,708
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 282,266
↑ Back to Top

Other Credit Unions

FOGCE FEDERAL CREDIT UNION
112 PRAIRIE AVE
EUTAW, AL 35462
NEW PILGRIM FEDERAL CREDIT UNION
641 Goldwire Way SW
BIRMINGHAM, AL 35211
MARVEL CITY FEDERAL CREDIT UNION
316 17th St N
BESSEMER, AL 35020
U S PIPE BESSEMER EMPLOYEES FEDERAL CREDIT UNION
2115 19th St N
BESSEMER, AL 35020-8840
SIXTH AVENUE BAPTIST FEDERAL CREDIT UNION
1101 MARTIN LUTHER KING JR DR
BIRMINGHAM, AL 35211-2841
DCH CREDIT UNION
1008 Veterans Memorial Pkwy
TUSCALOOSA, AL 35404
CITY CREDIT UNION
2302 JACK WARNER PKWY
TUSCALOOSA, AL 35401-1034
TUSCALOOSA COUNTY CREDIT UNION
2605 7th St
TUSCALOOSA, AL 35401-1803
LANDMARK CREDIT UNION
PO Box 150
FAIRFIELD, AL 35064-0150
JEFFERSON CREDIT UNION
5261 Ross Bridge Pkwy
HOOVER, AL 35226