Dec, 31, 2023 — HARRIS EMPLOYEES CREDIT UNION is a federally insured state chartered credit union headquartered in CORDELE, GA with 1 branch location and about $703,075 in total assets. Opened 77 years ago in 1947, HARRIS EMPLOYEES CREDIT UNION has about 181 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | HARRIS EMPLOYEES CREDIT UNION |
|---|---|
| Address: (Main Office) | 315 W 12th Ave CORDELE, GA 31015-2333 |
| Phone: | (229) 273-2500 |
| Fax: | |
| Website: | n/a |
| Branches: | 1 branch locations |
| Members: | 181 |
| Credit Union Type: | Federally Insured State Chartered Credit Union |
| Charter Number: | 67563 |
|---|---|
| Membership Type: | State chartered natural person |
| Corporate Credit Union: | No |
| Year Opened: | 1947 |
| Last Audited: | Sep 01, 2022 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $703,075 |
| CEO/Manager: | Kay Burton |
| Chairperson: | Philip Walls |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 150,191 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 16,374 |
| Unsecured Loans | 35,823 |
| Other Loans | 338,989 |
| TOTAL LOANS | 391,185 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -52,163 |
| Land And Building | 0 |
| Other Fixed Assets | 8,274 |
| NCUSIF Deposit | 5,088 |
| All Other Assets | 0 |
| TOTAL ASSETS | 703,075 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 13,558 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 0 |
| Regular shares | 468,278 |
| All Other Shares & Deposits | 0 |
| TOTAL SHARES & DEPOSITS | 468,278 |
| TOTAL LIABILITIES | 481,836 |
| Regular Reserve | 0 |
| Other Reserves | 76,790 |
| Undivided Earnings | 144,449 |
| TOTAL EQUITY | 221,239 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 703,075 |
| INCOME & EXPENSE | |
| Loan Income | 37,702 |
| Investment Income | 9,300 |
| Other Income | 10,700 |
| Total Employee Compensation & Benefits | 31,774 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 25,271 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 9,479 |
| Cost of Funds | 2,974 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | -11,796 |
| ↑ Back to Top | |