Credit Unions Near Me
National Credit Union Service Organization

LANIER FEDERAL CREDIT UNION

Dec, 31, 2023 — LANIER FEDERAL CREDIT UNION is a federal credit union headquartered in OAKWOOD, GA with 3 branch locations and about $66.60 million in total assets. Opened 55 years ago in 1969, LANIER FEDERAL CREDIT UNION has about 7,309 members and employs 21 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


ABA Routing Number: 261173352
Name:LANIER FEDERAL CREDIT UNION
Address:
(Main Office)
3718 Mundy Mill Rd
OAKWOOD, GA 30566-3417
Phone:(770) 503-1765
Fax:(770) 503-1865
Website:https://www.lanierfcu.org
Branches:3 branch locations
Members:7,309
Credit Union Type:Federal Credit Union
Charter Number:19552
Membership Type:Community credit unions, urban or rural, other than those designated 'low income'
Corporate Credit Union:No
Year Opened:1969
Last Audited:Jun 01, 2023
FHLB Member:No
Low Income Designation:No
Assets:$66,602,927
CEO/Manager:Todd A Jones
Chairperson:Danny J Owen

Call Report

  • Payday Alternative Loans (PAL Loans)
  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 6,206,702
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 8,262,147
 Unsecured Loans 3,904,234
 Other Loans 41,511,555
 TOTAL LOANS 54,493,851
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -61,258
 Land And Building 1,723,007
 Other Fixed Assets 906,829
 NCUSIF Deposit 599,526
 All Other Assets 256,296
  TOTAL ASSETS 66,602,927
LIABILITIES & CAPITAL:  
 Dividends Payable 93,576
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 431,924
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 9,589,189
 Regular shares 26,527,449
 All Other Shares & Deposits 23,914,505
  TOTAL SHARES & DEPOSITS 60,031,143
  TOTAL LIABILITIES 60,556,643
 Regular Reserve 0
 Other Reserves 682,848
 Undivided Earnings 5,363,436
  TOTAL EQUITY 6,046,284
  TOTAL LIABILITIES, SHARES, & EQUITY 66,602,927
INCOME & EXPENSE  
 Loan Income 2,842,548
 Investment Income 440,056
 Other Income 190,090
 Total Employee Compensation & Benefits 1,329,376
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 1,939,406
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 47,318
 Cost of Funds 439,206
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 770,844
↑ Back to Top

Other Credit Unions

FIELDALE CREDIT UNION
PO BOX 558
BALDWIN, GA 30511
GENUINE PARTS CREDIT UNION
5420 Peachtree Industrial Blvd
NORCROSS, GA 30071
NORTH MAIN CREDIT UNION
255 N MAIN ST
CORNELIA, GA 30531
ON THE GRID FINANCIAL FEDERAL CREDIT UNION
5901 Peachtree Dunwoody Rd Ste A275
ATLANTA, GA 30328-7173
FIRST RELIANCE FEDERAL CREDIT UNION
PO BOX 80505
ATHENS, GA 30608
HALLCO COMMUNITY CREDIT UNION
2601 Limestone Pkwy
GAINESVILLE, GA 30501
PLATINUM FEDERAL CREDIT UNION
1815 Satellite Blvd Ste 200
DULUTH, GA 30097
EXCEL FEDERAL CREDIT UNION
5070 Peachtree Industrial Blvd
PEACHTREE CORNERS, GA 30071-1587
GO ENERGY FINANCIAL CREDIT UNION
2100 E Exchange Pl Ste 101
TUCKER, GA 30084-5313
CDC FEDERAL CREDIT UNION
2301 Parklake Dr NE
ATLANTA, GA 30345-2912