Dec, 31, 2023 — ANDERSON COUNTY FEDERAL CREDIT UNION is a federal credit union headquartered in PALESTINE, TX with 1 branch location and about $23.67 million in total assets. Opened 70 years ago in 1954, ANDERSON COUNTY FEDERAL CREDIT UNION has about 1,965 members and employs 5 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
Name: | ANDERSON COUNTY FEDERAL CREDIT UNION |
---|---|
Address: (Main Office) | 2307 W Oak St PALESTINE, TX 75801-4063 |
Phone: | (903) 729-6788 |
Fax: | (903) 723-5728 |
Website: | https://www.ancfcu.com |
Branches: | 1 branch locations |
Members: | 1,965 |
Credit Union Type: | Federal Credit Union |
Charter Number: | 9880 |
---|---|
Membership Type: | Community credit unions, urban or rural, other than those designated 'low income' |
Corporate Credit Union: | No |
Year Opened: | 1954 |
Last Audited: | Sep 01, 2023 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $23,667,130 |
CEO/Manager: | Jessica L Rampy |
Chairperson: | Gary Missildine |
ASSETS: | $ Amount |
---|---|
Cash & Equivalents | 2,893,604 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 18,000 |
Real Estate Loans | 0 |
Unsecured Loans | 717,781 |
Other Loans | 6,695,008 |
TOTAL LOANS | 7,412,790 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -75,722 |
Land And Building | 58,038 |
Other Fixed Assets | 77 |
NCUSIF Deposit | 202,620 |
All Other Assets | 0 |
TOTAL ASSETS | 23,667,130 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 5,472 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 29,055 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 2,350,113 |
Regular shares | 9,112,896 |
All Other Shares & Deposits | 8,620,242 |
TOTAL SHARES & DEPOSITS | 20,083,252 |
TOTAL LIABILITIES | 20,117,779 |
Regular Reserve | 0 |
Other Reserves | 739,986 |
Undivided Earnings | 2,809,365 |
TOTAL EQUITY | 3,549,351 |
TOTAL LIABILITIES, SHARES, & EQUITY | 23,667,130 |
INCOME & EXPENSE | |
Loan Income | 506,349 |
Investment Income | 405,934 |
Other Income | 110,299 |
Total Employee Compensation & Benefits | 297,544 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 343,802 |
Non-operating Income & (Expense) | 26,866 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 21,994 |
Cost of Funds | 63,255 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | 322,853 |
↑ Back to Top |