Dec, 31, 2023 — COWETA CITIES & COUNTY EMPLOYEES FEDERAL CREDIT UNION is a federal credit union headquartered in NEWNAN, GA with 1 branch location and about $28.30 million in total assets. Opened 53 years ago in 1971, COWETA CITIES & COUNTY EMPLOYEES FEDERAL CREDIT UNION has about 3,038 members and employs 6 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
Name: | COWETA CITIES & COUNTY EMPLOYEES FEDERAL CREDIT UNION |
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Address: (Main Office) | 43 Jefferson Pkwy NEWNAN, GA 30263-5813 |
Phone: | (770) 253-2273 |
Fax: | (770) 253-4218 |
Website: | https://www.cccefcu.org |
Branches: | 1 branch locations |
Members: | 3,038 |
Credit Union Type: | Federal Credit Union |
Charter Number: | 20509 |
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Membership Type: | Multiple common bond - Primarily federal, state, local government |
Corporate Credit Union: | No |
Year Opened: | 1971 |
Last Audited: | Mar 01, 2023 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $28,303,839 |
CEO/Manager: | Dora Dumas |
Chairperson: | Travis W Hall |
ASSETS: | $ Amount |
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Cash & Equivalents | 1,936,762 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 0 |
Real Estate Loans | 0 |
Unsecured Loans | 470,806 |
Other Loans | 9,105,130 |
TOTAL LOANS | 9,575,936 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -18,280 |
Land And Building | 255,919 |
Other Fixed Assets | 18,930 |
NCUSIF Deposit | 251,099 |
All Other Assets | 0 |
TOTAL ASSETS | 28,303,839 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 0 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 22,051 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 112,850 |
Regular shares | 20,819,343 |
All Other Shares & Deposits | 2,872,093 |
TOTAL SHARES & DEPOSITS | 23,804,286 |
TOTAL LIABILITIES | 23,826,337 |
Regular Reserve | 0 |
Other Reserves | 0 |
Undivided Earnings | 4,477,502 |
TOTAL EQUITY | 4,477,502 |
TOTAL LIABILITIES, SHARES, & EQUITY | 28,303,839 |
INCOME & EXPENSE | |
Loan Income | 495,223 |
Investment Income | 589,913 |
Other Income | 50,388 |
Total Employee Compensation & Benefits | 299,743 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 256,708 |
Non-operating Income & (Expense) | 0 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 23,016 |
Cost of Funds | 77,763 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | 478,294 |
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