Dec, 31, 2023 — G E A EMPLOYEES FEDERAL CREDIT UNION is a federal credit union headquartered in PEARISBURG, VA with 1 branch location and about $1.92 million in total assets. Opened 58 years ago in 1966, G E A EMPLOYEES FEDERAL CREDIT UNION has about 328 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
Name: | G E A EMPLOYEES FEDERAL CREDIT UNION |
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Address: (Main Office) | 100 Deerfield Acres St PEARISBURG, VA 24134 |
Phone: | (540) 921-2404 |
Fax: | |
Website: | n/a |
Branches: | 1 branch locations |
Members: | 328 |
Credit Union Type: | Federal Credit Union |
Charter Number: | 17675 |
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Membership Type: | Educational |
Corporate Credit Union: | No |
Year Opened: | 1966 |
Last Audited: | Sep 01, 2023 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $1,921,375 |
CEO/Manager: | Babette F Martin |
Chairperson: | Robert M Lilly JR |
ASSETS: | $ Amount |
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Cash & Equivalents | 222,315 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 0 |
Real Estate Loans | 0 |
Unsecured Loans | 126,261 |
Other Loans | 991,317 |
TOTAL LOANS | 1,117,578 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -14,489 |
Land And Building | 0 |
Other Fixed Assets | 2 |
NCUSIF Deposit | 12,990 |
All Other Assets | 0 |
TOTAL ASSETS | 1,921,375 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 0 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 0 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 0 |
Regular shares | 1,453,978 |
All Other Shares & Deposits | 0 |
TOTAL SHARES & DEPOSITS | 1,453,978 |
TOTAL LIABILITIES | 1,453,978 |
Regular Reserve | 0 |
Other Reserves | 67,519 |
Undivided Earnings | 399,878 |
TOTAL EQUITY | 467,397 |
TOTAL LIABILITIES, SHARES, & EQUITY | 1,921,375 |
INCOME & EXPENSE | |
Loan Income | 38,475 |
Investment Income | 29,151 |
Other Income | 52 |
Total Employee Compensation & Benefits | 0 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 42,052 |
Non-operating Income & (Expense) | 0 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 0 |
Cost of Funds | 19,578 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | 6,048 |
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