Dec, 31, 2023 — US COMMUNITY CREDIT UNION is a federally insured state chartered credit union headquartered in NASHVILLE, TN with 7 branch locations and about $294.73 million in total assets. Opened 56 years ago in 1968, US COMMUNITY CREDIT UNION has about 26,934 members and employs 99 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
Name: | US COMMUNITY CREDIT UNION |
---|---|
Address: (Main Office) | 2622 Old Lebanon Pike Ste 100 NASHVILLE, TN 37214-2417 |
Phone: | (615) 256-8712 |
Fax: | (615) 724-2343 |
Website: | https://www.usccu.org |
Branches: | 7 branch locations |
Members: | 26,934 |
Credit Union Type: | Federally Insured State Chartered Credit Union |
Charter Number: | 67720 |
---|---|
Membership Type: | State chartered natural person |
Corporate Credit Union: | No |
Year Opened: | 1968 |
Last Audited: | Dec 01, 2022 |
FHLB Member: | Yes |
Low Income Designation: | No |
Assets: | $294,732,281 |
CEO/Manager: | Ben Johnson |
Chairperson: | Roy Jones |
ASSETS: | $ Amount |
---|---|
Cash & Equivalents | 20,154,098 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 0 |
Real Estate Loans | 99,085,975 |
Unsecured Loans | 14,117,657 |
Other Loans | 106,445,913 |
TOTAL LOANS | 220,419,599 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -2,763,861 |
Land And Building | 10,277,383 |
Other Fixed Assets | 592,174 |
NCUSIF Deposit | 2,380,787 |
All Other Assets | 30,071 |
TOTAL ASSETS | 294,732,281 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 987 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 7,476,346 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 43,957,233 |
Regular shares | 112,971,406 |
All Other Shares & Deposits | 100,319,319 |
TOTAL SHARES & DEPOSITS | 257,247,959 |
TOTAL LIABILITIES | 264,725,292 |
Regular Reserve | 0 |
Other Reserves | -3,968,930 |
Undivided Earnings | 33,975,919 |
TOTAL EQUITY | 30,006,989 |
TOTAL LIABILITIES, SHARES, & EQUITY | 294,732,281 |
INCOME & EXPENSE | |
Loan Income | 11,996,373 |
Investment Income | 1,092,529 |
Other Income | 3,141,015 |
Total Employee Compensation & Benefits | 7,238,981 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 6,141,192 |
Non-operating Income & (Expense) | 273,939 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 891,996 |
Cost of Funds | 3,072,743 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | 2,172,954 |
↑ Back to Top |