TBC FEDERAL CREDIT UNION is no longer an active credit union according to the NCUA.
Dec, 31, 2023 — TBC FEDERAL CREDIT UNION is a federal credit union headquartered in RICHMOND, VA with 1 branch location and about $116,635 in total assets. Opened 26 years ago in 1998, TBC FEDERAL CREDIT UNION has about 111 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | TBC FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 2811 FENDALL AVE RICHMOND, VA 23222 |
| Phone: | (804) 321-2427 |
| Fax: | |
| Website: | n/a |
| Branches: | 1 branch locations |
| Members: | 111 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 24616 |
|---|---|
| Membership Type: | Associational - Religious, other than those designated 'low-income' |
| Corporate Credit Union: | No |
| Year Opened: | 1998 |
| Last Audited: | Jan 01, 2021 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $116,635 |
| CEO/Manager: | Nancy Allen |
| Chairperson: | Robert L Coleman |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 95,426 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 0 |
| Unsecured Loans | 18,598 |
| Other Loans | 0 |
| TOTAL LOANS | 18,598 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -1,600 |
| Land And Building | 0 |
| Other Fixed Assets | 0 |
| NCUSIF Deposit | 1,192 |
| All Other Assets | 0 |
| TOTAL ASSETS | 116,635 |
| 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 | 92,600 |
| All Other Shares & Deposits | 0 |
| TOTAL SHARES & DEPOSITS | 92,600 |
| TOTAL LIABILITIES | 92,600 |
| Regular Reserve | 0 |
| Other Reserves | 3,162 |
| Undivided Earnings | 20,873 |
| TOTAL EQUITY | 24,035 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 116,635 |
| INCOME & EXPENSE | |
| Loan Income | 1,993 |
| Investment Income | 529 |
| Other Income | 118 |
| Total Employee Compensation & Benefits | 0 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 2,312 |
| Non-operating Income & (Expense) | 423 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 0 |
| Cost of Funds | 0 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 751 |
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