Dec, 31, 2023 — GREENEVILLE CITY EMPLOYEES' CREDIT UNION is a federally insured state chartered credit union headquartered in GREENEVILLE, TN with 1 branch location and about $12.22 million in total assets. Opened 59 years ago in 1965, GREENEVILLE CITY EMPLOYEES' CREDIT UNION has about 1,499 members and employs 3 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | GREENEVILLE CITY EMPLOYEES' CREDIT UNION |
|---|---|
| Address: (Main Office) | 310 S Main St Ste 3 GREENEVILLE, TN 37743-6176 |
| Phone: | (423) 639-0907 |
| Fax: | (423) 639-9107 |
| Website: | n/a |
| Branches: | 1 branch locations |
| Members: | 1,499 |
| Credit Union Type: | Federally Insured State Chartered Credit Union |
| Charter Number: | 68127 |
|---|---|
| Membership Type: | State chartered natural person |
| Corporate Credit Union: | No |
| Year Opened: | 1965 |
| Last Audited: | Jun 01, 2023 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $12,224,744 |
| CEO/Manager: | April Humphreys |
| Chairperson: | Mike French |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 726,502 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 0 |
| Unsecured Loans | 638,786 |
| Other Loans | 8,386,812 |
| TOTAL LOANS | 9,025,598 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -39,137 |
| Land And Building | 0 |
| Other Fixed Assets | 0 |
| NCUSIF Deposit | 93,152 |
| All Other Assets | 0 |
| TOTAL ASSETS | 12,224,744 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 102,613 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 14,642 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 0 |
| Regular shares | 3,712,919 |
| All Other Shares & Deposits | 5,013,641 |
| TOTAL SHARES & DEPOSITS | 8,726,560 |
| TOTAL LIABILITIES | 8,843,815 |
| Regular Reserve | 0 |
| Other Reserves | 0 |
| Undivided Earnings | 3,380,929 |
| TOTAL EQUITY | 3,380,929 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 12,224,744 |
| INCOME & EXPENSE | |
| Loan Income | 457,108 |
| Investment Income | 74,939 |
| Other Income | 10,452 |
| Total Employee Compensation & Benefits | 180,762 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 47,539 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 6,616 |
| Cost of Funds | 141,816 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 168,322 |
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