Dec, 31, 2023 — OLD HICKORY CREDIT UNION is a federally insured state chartered credit union headquartered in NASHVILLE, TN with 8 branch locations and about $326.83 million in total assets. Opened 90 years ago in 1934, OLD HICKORY CREDIT UNION has about 21,884 members and employs 83 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | OLD HICKORY CREDIT UNION |
|---|---|
| Address: (Main Office) | 410 Donelson Pike NASHVILLE, TN 37214 |
| Phone: | (615) 847-4043 |
| Fax: | (615) 847-7399 |
| Website: | https://www.ohcu.org |
| Branches: | 8 branch locations |
| Members: | 21,884 |
| Credit Union Type: | Federally Insured State Chartered Credit Union |
| Charter Number: | 67982 |
|---|---|
| Membership Type: | State chartered natural person |
| Corporate Credit Union: | No |
| Year Opened: | 1934 |
| Last Audited: | Dec 01, 2022 |
| FHLB Member: | Yes |
| Low Income Designation: | No |
| Assets: | $326,833,249 |
| CEO/Manager: | Bonnette A Dawson |
| Chairperson: | William Jennings Jr |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 13,381,784 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 111,602,327 |
| Unsecured Loans | 6,686,607 |
| Other Loans | 135,171,312 |
| TOTAL LOANS | 253,460,246 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -3,749,455 |
| Land And Building | 13,080,486 |
| Other Fixed Assets | 3,746,668 |
| NCUSIF Deposit | 2,971,894 |
| All Other Assets | 952,977 |
| TOTAL ASSETS | 326,833,249 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 4,259,906 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 86,882,867 |
| Regular shares | 136,107,552 |
| All Other Shares & Deposits | 71,479,339 |
| TOTAL SHARES & DEPOSITS | 294,469,758 |
| TOTAL LIABILITIES | 298,729,664 |
| Regular Reserve | 0 |
| Other Reserves | -1,479,468 |
| Undivided Earnings | 29,583,053 |
| TOTAL EQUITY | 28,103,585 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 326,833,249 |
| INCOME & EXPENSE | |
| Loan Income | 12,602,371 |
| Investment Income | 522,181 |
| Other Income | 2,154,953 |
| Total Employee Compensation & Benefits | 6,511,969 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 5,956,769 |
| Non-operating Income & (Expense) | 14,390 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 2,031,170 |
| Cost of Funds | 2,009,716 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 2,429,714 |
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