Dec, 31, 2023 — EMPLOYEES UNITED FEDERAL CREDIT UNION is a federal credit union headquartered in PARIS, TX with 1 branch location and about $13.34 million in total assets. Opened 49 years ago in 1975, EMPLOYEES UNITED FEDERAL CREDIT UNION has about 1,307 members and employs 4 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
Name: | EMPLOYEES UNITED FEDERAL CREDIT UNION |
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Address: (Main Office) | 2285 19th St NW PARIS, TX 75460 |
Phone: | (903) 784-6861 |
Fax: | (903) 784-7409 |
Website: | https://www.employeesunited.org |
Branches: | 1 branch locations |
Members: | 1,307 |
Credit Union Type: | Federal Credit Union |
Charter Number: | 21904 |
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Membership Type: | Multiple common bond - other |
Corporate Credit Union: | No |
Year Opened: | 1975 |
Last Audited: | Aug 01, 2023 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $13,342,504 |
CEO/Manager: | Delayna L Gray |
Chairperson: | William H Brumley Jr. |
ASSETS: | $ Amount |
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Cash & Equivalents | 1,790,666 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 0 |
Real Estate Loans | 0 |
Unsecured Loans | 559,792 |
Other Loans | 2,479,161 |
TOTAL LOANS | 3,038,953 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -20,379 |
Land And Building | 0 |
Other Fixed Assets | 11,316 |
NCUSIF Deposit | 92,690 |
All Other Assets | 0 |
TOTAL ASSETS | 13,342,504 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 13,977 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 14,036 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 475,943 |
Regular shares | 7,337,097 |
All Other Shares & Deposits | 1,873,218 |
TOTAL SHARES & DEPOSITS | 9,686,258 |
TOTAL LIABILITIES | 9,714,271 |
Regular Reserve | 0 |
Other Reserves | 32,500 |
Undivided Earnings | 3,595,733 |
TOTAL EQUITY | 3,628,233 |
TOTAL LIABILITIES, SHARES, & EQUITY | 13,342,504 |
INCOME & EXPENSE | |
Loan Income | 216,401 |
Investment Income | 336,957 |
Other Income | 45,435 |
Total Employee Compensation & Benefits | 239,724 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 167,994 |
Non-operating Income & (Expense) | 4,632 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 15,719 |
Cost of Funds | 54,531 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | 144,765 |
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