Dec, 31, 2022 — TRULIANT FEDERAL CREDIT UNION is a federal credit union headquartered in WINSTON SALEM, NC with 40 branch locations and about $3.99 billion in total assets. Opened 71 years ago in 1952, TRULIANT FEDERAL CREDIT UNION has about 298,616 members and employs 903 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 |
|---|---|
| Address: (Main Office) | 3200 TRULIANT WAY WINSTON SALEM, NC 27103 |
| Phone: | (336) 659-1955 |
| Fax: | (336) 659-5360 |
| Website: | https://www.truliantfcu.org |
| Branches: | 40 branch locations |
| Members: | 298,616 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 7840 |
|---|---|
| Membership Type: | Multiple common bond - other |
| Corporate Credit Union: | No |
| Year Opened: | 1952 |
| Last Audited: | Dec 01, 2021 |
| FHLB Member: | Yes |
| Low Income Designation: | No |
| Assets: | $3,985,750,198 |
| CEO/Manager: | WILLIAM HALL |
| Chairperson: | JAMES T FLYTHE JR. |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 143,219,651 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 2,202,130 |
| Real Estate Loans | 1,511,334,295 |
| Unsecured Loans | 319,372,219 |
| Other Loans | 1,259,338,671 |
| TOTAL LOANS | 3,090,045,185 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -19,019,065 |
| Land And Building | 68,638,448 |
| Other Fixed Assets | 17,770,983 |
| NCUSIF Deposit | 31,600,824 |
| All Other Assets | 196,904 |
| TOTAL ASSETS | 3,985,750,198 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 1,171 |
| Notes & Interest Payable | 20,000,000 |
| Accounts Payable & Other Liabilities | 69,881,119 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 50,000,000 |
| Share Drafts | 807,345,603 |
| Regular shares | 1,144,103,867 |
| All Other Shares & Deposits | 1,584,330,973 |
| TOTAL SHARES & DEPOSITS | 3,535,780,443 |
| TOTAL LIABILITIES | 3,675,662,733 |
| Regular Reserve | 0 |
| Other Reserves | -42,539,786 |
| Undivided Earnings | 352,627,251 |
| TOTAL EQUITY | 310,087,465 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 3,985,750,198 |
| INCOME & EXPENSE | |
| Loan Income | 102,412,826 |
| Investment Income | 6,207,990 |
| Other Income | 23,247,630 |
| Total Employee Compensation & Benefits | 59,613,244 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 49,301,036 |
| Non-operating Income & (Expense) | 15,000 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 10,931,972 |
| Cost of Funds | 11,207,070 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 35,645,945 |
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