MEMBERS UNITED CREDIT UNION is no longer an active credit union according to the NCUA. If available, you can view their website at https://www.membersunitedcreditunion for more information.
Dec, 31, 2023 — MEMBERS UNITED CREDIT UNION is a federally insured state chartered credit union headquartered in Albany, GA with 3 branch locations and about $68.86 million in total assets. Opened 90 years ago in 1934, MEMBERS UNITED CREDIT UNION has about 7,778 members and employs 22 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
Name: | MEMBERS UNITED CREDIT UNION |
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Address: (Main Office) | 1115 N Westover Blvd Albany, GA 31707 |
Phone: | (229) 439-1448 |
Fax: | (229) 432-6374 |
Website: | https://www.membersunitedcreditunion |
Branches: | 3 branch locations |
Members: | 7,778 |
Credit Union Type: | Federally Insured State Chartered Credit Union |
Charter Number: | 67394 |
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Membership Type: | State chartered natural person |
Corporate Credit Union: | No |
Year Opened: | 1934 |
Last Audited: | Dec 01, 2019 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $68,860,349 |
CEO/Manager: | Janet L Gilmore |
Chairperson: | James H Hammond |
ASSETS: | $ Amount |
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Cash & Equivalents | 7,320,723 |
TOTAL INVESTMENTS | 35,270,525 |
Loans Held for Sale | 0 |
Real Estate Loans | 2,327,190 |
Unsecured Loans | 1,763,504 |
Other Loans | 19,063,065 |
TOTAL LOANS | 23,153,759 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -505,403 |
Land And Building | 2,766,017 |
Other Fixed Assets | 72,768 |
NCUSIF Deposit | 559,532 |
All Other Assets | 222,428 |
TOTAL ASSETS | 68,860,349 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 49,184 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 67,882 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 10,959,877 |
Regular shares | 24,612,834 |
All Other Shares & Deposits | 24,224,383 |
TOTAL SHARES & DEPOSITS | 59,797,094 |
TOTAL LIABILITIES | 59,914,160 |
Regular Reserve | 1,220,281 |
Other Reserves | 0 |
Undivided Earnings | 7,725,908 |
TOTAL EQUITY | 8,946,189 |
TOTAL LIABILITIES, SHARES, & EQUITY | 68,860,349 |
INCOME & EXPENSE | |
Loan Income | 1,087,080 |
Investment Income | 210,806 |
Other Income | 584,771 |
Total Employee Compensation & Benefits | 1,007,443 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 934,299 |
Non-operating Income & (Expense) | 0 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | -90,000 |
Cost of Funds | 241,822 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | -168,722 |
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