LOCOGA Credit Union Profile

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LOCOGA

Charter #13516 | NCUA Region 2 | FCU
Low-Income Designation: Yes
Report Date: 2025

Headquarters Contact & Staff

Contact & Info

Phone: (229) 244-4513

Fax: (229) 244-5995

Founding Date: N/A

Website: http://www.locogafcu.com

Personnel & Operations

President: Walker, Calvin

Manager: Daniels, Peggy

FT Employees: 2

PT Employees: 0

Designations & Ratios

MDI Status: No

RBC Ratio: 0%

Membership Type: 04

Branches: 2

Hours: M-Thur 9-5 Friday 9-4:15

Credit Union Profile Summary

LOCOGA is a FCU Credit Union. With a total of 683 members [1], this institution manages approximately $4,611,217 in total assets [1]. It proudly serves as a Low-Income Designated institution. Key financial indicators show a solid Net Worth Ratio of 9.45% [1] and a strong Loan-to-Share Ratio, with loan growth over the last four quarters at -5.56% [1].

Financial Snapshot

Total Assets [1]
$4,611,217

Total economic resources.

Total Loans [1]
$2,730,435

Total value of outstanding loans.

Total Deposits [1]
$4,167,610

Total funds deposited by members.

Members [1]
683

Number of active members.

Performance Ratios

Net Worth Ratio [1]
9.45%

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]
0.67%

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

Loan-to-Share Ratio [1]
65.52%

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

Four-Quarter Growth

Asset Growth (4Q) [1]
0.40%

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

Loan Growth (4Q) [1]
-5.56%

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

Member Growth (4Q) [1]
-1.16%

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

Headquarters Location & Map

Headquarters Address

1592 Norman Dr

Valdosta, GA, 31601-3581

Member Ratings & Reviews

Average Member Rating:

N/A / 5.0

Total Approved Reviews:

0

Rate This Credit Union

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Branch Locations

Found 1 branches reported by LOCOGA (Charter #13516).

Main Office

Main Main Office

Type: Corporate Office

1592 Norman Dr

Valdosta, GA 31601-3581

Phone: (229) 244-4513

Services: Member Services

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