Jun, 30, 2024 — EXCEL FEDERAL CREDIT UNION is a federal credit union headquartered in PEACHTREE CORNERS, GA with 3 branch locations and about $158.40 million in total assets. Opened 73 years ago in 1952, EXCEL FEDERAL CREDIT UNION has about 14,628 members and employs 48 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | EXCEL FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 5070 Peachtree Industrial Blvd PEACHTREE CORNERS, GA 30071-1587 |
| Phone: | (770) 441-9235 |
| Fax: | (770) 582-3877 |
| Website: | https://www.excelfcu.org |
| Branches: | 3 branch locations |
| Members: | 14,628 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 7825 |
|---|---|
| Membership Type: | Community credit unions, urban or rural, other than those designated 'low income' |
| Corporate Credit Union: | No |
| Year Opened: | 1952 |
| Last Audited: | Jun 01, 2022 |
| FHLB Member: | Yes |
| Low Income Designation: | No |
| Assets: | $158,403,912 |
| CEO/Manager: | Thomas Hayden |
| Chairperson: | Moses Brown |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 18,850,693 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 710,048 |
| Real Estate Loans | 70,071,113 |
| Unsecured Loans | 5,112,985 |
| Other Loans | 34,002,230 |
| TOTAL LOANS | 109,186,328 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -488,847 |
| Land And Building | 1,930,726 |
| Other Fixed Assets | 333,158 |
| NCUSIF Deposit | 933,284 |
| All Other Assets | 0 |
| TOTAL ASSETS | 158,403,912 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 666,668 |
| Accounts Payable & Other Liabilities | 16,601,585 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 30,116,597 |
| Regular shares | 42,684,978 |
| All Other Shares & Deposits | 54,222,571 |
| TOTAL SHARES & DEPOSITS | 127,024,146 |
| TOTAL LIABILITIES | 144,292,399 |
| Regular Reserve | 0 |
| Other Reserves | -204,274 |
| Undivided Earnings | 14,315,787 |
| TOTAL EQUITY | 14,111,513 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 158,403,912 |
| INCOME & EXPENSE | |
| Loan Income | 2,851,172 |
| Investment Income | 422,853 |
| Other Income | 3,289,366 |
| Total Employee Compensation & Benefits | 3,160,132 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 4,295,464 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 0 |
| Cost of Funds | 346,420 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 1,094,192 |
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