Dec, 31, 2023 — TRULIANT FEDERAL CREDIT UNION is a federal credit union headquartered in WINSTON SALEM, NC with 41 branch locations and about $5.17 billion in total assets. Opened 72 years ago in 1952, TRULIANT FEDERAL CREDIT UNION has about 332,190 members and employs 890 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
Name: | TRULIANT FEDERAL CREDIT UNION |
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Address: (Main Office) | 3200 Truliant Way WINSTON SALEM, NC 27103 |
Phone: | (336) 659-1955 |
Fax: | (336) 659-5360 |
Website: | https://www.truliantfcu.org |
Branches: | 41 branch locations |
Members: | 332,190 |
Credit Union Type: | Federal Credit Union |
Charter Number: | 7840 |
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Membership Type: | Multiple common bond - other |
Corporate Credit Union: | No |
Year Opened: | 1952 |
Last Audited: | Dec 01, 2022 |
FHLB Member: | Yes |
Low Income Designation: | No |
Assets: | $5,172,802,730 |
CEO/Manager: | William Hall |
Chairperson: | James T Flythe, Jr |
ASSETS: | $ Amount |
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Cash & Equivalents | 630,086,299 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 868,949 |
Real Estate Loans | 1,918,261,048 |
Unsecured Loans | 472,224,764 |
Other Loans | 1,518,993,757 |
TOTAL LOANS | 3,909,479,569 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -45,750,000 |
Land And Building | 78,410,438 |
Other Fixed Assets | 20,804,888 |
NCUSIF Deposit | 36,713,456 |
All Other Assets | 996,825 |
TOTAL ASSETS | 5,172,802,730 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 136,663 |
Notes & Interest Payable | 232,400,000 |
Accounts Payable & Other Liabilities | 85,450,448 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 50,000,000 |
Share Drafts | 762,323,666 |
Regular shares | 961,353,184 |
All Other Shares & Deposits | 2,739,878,367 |
TOTAL SHARES & DEPOSITS | 4,463,555,216 |
TOTAL LIABILITIES | 4,831,542,327 |
Regular Reserve | 0 |
Other Reserves | -31,795,765 |
Undivided Earnings | 373,056,168 |
TOTAL EQUITY | 341,260,403 |
TOTAL LIABILITIES, SHARES, & EQUITY | 5,172,802,730 |
INCOME & EXPENSE | |
Loan Income | 225,960,622 |
Investment Income | 28,711,169 |
Other Income | 32,098,466 |
Total Employee Compensation & Benefits | 95,310,066 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 85,368,368 |
Non-operating Income & (Expense) | 112,026 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 45,246,474 |
Cost of Funds | 75,303,964 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | 30,809,678 |
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