Dec, 31, 2023 — FANNIN COUNTY TEACHERS FEDERAL CREDIT UNION is a federal credit union headquartered in BONHAM, TX with 1 branch location and about $10.61 million in total assets. Opened 55 years ago in 1969, FANNIN COUNTY TEACHERS FEDERAL CREDIT UNION has about 1,145 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
Name: | FANNIN COUNTY TEACHERS FEDERAL CREDIT UNION |
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Address: (Main Office) | 621 N CENTER ST BONHAM, TX 75418 |
Phone: | (903) 583-4326 |
Fax: | (903) 583-7851 |
Website: | https://fanninteachersfcu.com |
Branches: | 1 branch locations |
Members: | 1,145 |
Credit Union Type: | Federal Credit Union |
Charter Number: | 19741 |
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Membership Type: | Multiple common bond - Primarily educational |
Corporate Credit Union: | No |
Year Opened: | 1969 |
Last Audited: | Jun 01, 2023 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $10,607,885 |
CEO/Manager: | PAMELA D COMPTON |
Chairperson: | DON MANHART |
ASSETS: | $ Amount |
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Cash & Equivalents | 352,972 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 0 |
Real Estate Loans | 0 |
Unsecured Loans | 663,341 |
Other Loans | 7,423,967 |
TOTAL LOANS | 8,087,308 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -41,523 |
Land And Building | 147,825 |
Other Fixed Assets | 63,266 |
NCUSIF Deposit | 91,902 |
All Other Assets | 0 |
TOTAL ASSETS | 10,607,885 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 21,059 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 45,196 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 0 |
Regular shares | 7,746,720 |
All Other Shares & Deposits | 200,955 |
TOTAL SHARES & DEPOSITS | 7,947,674 |
TOTAL LIABILITIES | 8,013,929 |
Regular Reserve | 0 |
Other Reserves | 0 |
Undivided Earnings | 2,593,956 |
TOTAL EQUITY | 2,593,956 |
TOTAL LIABILITIES, SHARES, & EQUITY | 10,607,885 |
INCOME & EXPENSE | |
Loan Income | 413,612 |
Investment Income | 70,906 |
Other Income | 1,899 |
Total Employee Compensation & Benefits | 191,869 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 109,140 |
Non-operating Income & (Expense) | 9,600 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 2,700 |
Cost of Funds | 69,811 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | 123,058 |
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