LANDMARK CREDIT UNION is no longer an active credit union according to the NCUA. If available, you can view their website at https://www.landmarkcu.net for more information.
Dec, 31, 2023 — LANDMARK CREDIT UNION is a non-federally insured state credit union headquartered in Fairfield, AL with 3 branch locations and about $43.58 million in total assets. Opened 96 years ago in 1928, LANDMARK CREDIT UNION has about 3,169 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.
Name: | LANDMARK CREDIT UNION |
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Address: (Main Office) | PO Box 150 Fairfield, AL 35064-0150 |
Phone: | (205) 783-9100 |
Fax: | (205) 783-9115 |
Website: | https://www.landmarkcu.net |
Branches: | 3 branch locations |
Members: | 3,169 |
Credit Union Type: | Non-Federally Insured State Credit Union |
Charter Number: | 97083 |
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Membership Type: | State chartered natural person |
Corporate Credit Union: | No |
Year Opened: | 1928 |
Last Audited: | Mar 01, 2019 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $43,583,378 |
CEO/Manager: | Dow Hill |
Chairperson: | Henry Piasky |
ASSETS: | $ Amount |
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Cash & Equivalents | 6,153,435 |
TOTAL INVESTMENTS | 9,815,399 |
Loans Held for Sale | 0 |
Real Estate Loans | 18,225,407 |
Unsecured Loans | 1,194,943 |
Other Loans | 5,746,960 |
TOTAL LOANS | 25,167,310 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -130,582 |
Land And Building | 1,221,059 |
Other Fixed Assets | 239,294 |
NCUSIF Deposit | 0 |
All Other Assets | 1,117,463 |
TOTAL ASSETS | 43,583,378 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 0 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 532,322 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 5,856,063 |
Regular shares | 10,405,212 |
All Other Shares & Deposits | 23,859,819 |
TOTAL SHARES & DEPOSITS | 40,121,094 |
TOTAL LIABILITIES | 40,653,416 |
Regular Reserve | 3,720,263 |
Other Reserves | -1,347,234 |
Undivided Earnings | 556,933 |
TOTAL EQUITY | 2,929,962 |
TOTAL LIABILITIES, SHARES, & EQUITY | 43,583,378 |
INCOME & EXPENSE | |
Loan Income | 1,504,666 |
Investment Income | 119,362 |
Other Income | 422,262 |
Total Employee Compensation & Benefits | 1,213,326 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 1,646,846 |
Non-operating Income & (Expense) | 36,643 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 0 |
Cost of Funds | 341,785 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | -1,119,024 |
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» See also Statement of Financial Condition