COVINGTON SCHOOLS Credit Union Profile

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COVINGTON SCHOOLS

Charter #11950 | NCUA Region 2 | FCU
Low-Income Designation: Yes
Report Date: 2025

Headquarters Contact & Staff

Contact & Info

Phone: (334) 222-2169

Fax: (334) 222-4363

Founding Date: N/A

Personnel & Operations

President: Hines, William

Manager: Dillman, William

FT Employees: 2

PT Employees: 0

Designations & Ratios

MDI Status: No

RBC Ratio: 0%

Membership Type: 04

Branches: 0

Hours: Monday - Friday: 8:00 to 5:00 Thursday: 8:

Credit Union Profile Summary

COVINGTON SCHOOLS is a FCU Credit Union. With a total of 1,603 members [1], this institution manages approximately $21,456,127 in total assets [1]. It proudly serves as a Low-Income Designated institution. Key financial indicators show a solid Net Worth Ratio of 38.29% [1] and a strong Loan-to-Share Ratio, with loan growth over the last four quarters at -15.74% [1].

Financial Snapshot

Total Assets [1]
$21,456,127

Total economic resources.

Total Loans [1]
$10,942,563

Total value of outstanding loans.

Total Deposits [1]
$13,106,988

Total funds deposited by members.

Members [1]
1,603

Number of active members.

Performance Ratios

Net Worth Ratio [1]
38.29%

This is the credit union's safety cushion; 7.0% is the regulatory minimum. A higher ratio means the credit union is stable.

Return on Assets (ROAA) [1]
-0.50%

Measures profitability. Shows profit generated per dollar of assets. Near 1.0% is considered strong.

Loan-to-Share Ratio [1]
83.49%

Measures lending activity using member deposits. Below 100% is generally healthy, balancing lending and liquidity.

Four-Quarter Growth

Asset Growth (4Q) [1]
-0.07%

Indicates change in total size. Positive growth means the credit union is expanding its operations.

Loan Growth (4Q) [1]
-15.74%

Shows change in lending activity. Positive growth means they are actively increasing their lending business.

Member Growth (4Q) [1]
-0.87%

Indicates change in member count. Positive growth is a sign of a healthy, expanding member base.

Headquarters Location & Map

Headquarters Address

931 River Falls St

Andalusia, AL, 36420

Member Ratings & Reviews

Average Member Rating:

N/A / 5.0

Total Approved Reviews:

0

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Branch Locations

Found 1 branches reported by COVINGTON SCHOOLS (Charter #11950).

Main Office

Covington Schools Federal CU Main Office

Type: Corporate Office

931 River Falls St

Andalusia, AL 36420

Phone: (334) 222-2169

Services: None specified

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