LOCAL 461 FEDERAL CREDIT UNION is no longer an active credit union according to the NCUA.
Dec, 31, 2023 — LOCAL 461 FEDERAL CREDIT UNION is a federal credit union headquartered in MACON, GA with 1 branch location and about $1.35 million in total assets. Opened 51 years ago in 1973, LOCAL 461 FEDERAL CREDIT UNION has about 541 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
Name: | LOCAL 461 FEDERAL CREDIT UNION |
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Address: (Main Office) | 1038 GUY PAINE RD MACON, GA 31206 |
Phone: | (478) 788-2539 |
Fax: | (478) 781-5163 |
Website: | n/a |
Branches: | 1 branch locations |
Members: | 541 |
Credit Union Type: | Federal Credit Union |
Charter Number: | 21297 |
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Membership Type: | Manufacturing - All Other |
Corporate Credit Union: | No |
Year Opened: | 1973 |
Last Audited: | Jun 01, 2021 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $1,351,172 |
CEO/Manager: | MARCI W BARTON |
Chairperson: | WILLIAM R FLOWERS |
ASSETS: | $ Amount |
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Cash & Equivalents | 263,345 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 0 |
Real Estate Loans | 0 |
Unsecured Loans | 74,985 |
Other Loans | 840,628 |
TOTAL LOANS | 915,613 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -5,267 |
Land And Building | 0 |
Other Fixed Assets | 5 |
NCUSIF Deposit | 11,339 |
All Other Assets | 0 |
TOTAL ASSETS | 1,351,172 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 372 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 10,175 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 0 |
Regular shares | 861,373 |
All Other Shares & Deposits | 286,351 |
TOTAL SHARES & DEPOSITS | 1,147,724 |
TOTAL LIABILITIES | 1,158,271 |
Regular Reserve | 0 |
Other Reserves | 49,288 |
Undivided Earnings | 143,613 |
TOTAL EQUITY | 192,901 |
TOTAL LIABILITIES, SHARES, & EQUITY | 1,351,172 |
INCOME & EXPENSE | |
Loan Income | 54,046 |
Investment Income | 2,929 |
Other Income | 2,855 |
Total Employee Compensation & Benefits | 38,917 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 20,971 |
Non-operating Income & (Expense) | 0 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 0 |
Cost of Funds | 2,121 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | 920 |
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