MARATHON REPUBLIC FEDERAL CREDIT UNION is no longer an active credit union according to the NCUA. If available, you can view their website at https://www.marathonrepublicfcu.com for more information.
Dec, 31, 2023 — MARATHON REPUBLIC FEDERAL CREDIT UNION is a federal credit union headquartered in Texas City, TX with 1 branch location and about $8.56 million in total assets. Opened 86 years ago in 1938, MARATHON REPUBLIC FEDERAL CREDIT UNION has about 1,122 members and employs 3 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
Name: | MARATHON REPUBLIC FEDERAL CREDIT UNION |
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Address: (Main Office) | P. O. Box 2186 Texas City, TX 77592-2186 |
Phone: | (409) 948-1769 |
Fax: | (409) 948-2638 |
Website: | https://www.marathonrepublicfcu.com |
Branches: | 1 branch locations |
Members: | 1,122 |
Credit Union Type: | Federal Credit Union |
Charter Number: | 2724 |
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Membership Type: | Multiple common bond - Primarily petroleum refining |
Corporate Credit Union: | No |
Year Opened: | 1938 |
Last Audited: | Dec 01, 2021 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $8,564,999 |
CEO/Manager: | Judy Boles |
Chairperson: | Roger Bradley |
ASSETS: | $ Amount |
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Cash & Equivalents | 925,095 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 0 |
Real Estate Loans | 0 |
Unsecured Loans | 611,893 |
Other Loans | 2,596,844 |
TOTAL LOANS | 3,208,737 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -24,926 |
Land And Building | 164,314 |
Other Fixed Assets | 88 |
NCUSIF Deposit | 84,296 |
All Other Assets | 0 |
TOTAL ASSETS | 8,564,999 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 439 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 9,579 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 1,453,865 |
Regular shares | 3,516,263 |
All Other Shares & Deposits | 2,557,790 |
TOTAL SHARES & DEPOSITS | 7,527,918 |
TOTAL LIABILITIES | 7,537,936 |
Regular Reserve | 0 |
Other Reserves | 0 |
Undivided Earnings | 1,027,063 |
TOTAL EQUITY | 1,027,063 |
TOTAL LIABILITIES, SHARES, & EQUITY | 8,564,999 |
INCOME & EXPENSE | |
Loan Income | 167,007 |
Investment Income | 51,961 |
Other Income | 15,664 |
Total Employee Compensation & Benefits | 146,618 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 114,191 |
Non-operating Income & (Expense) | 0 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 0 |
Cost of Funds | 5,728 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | -8,796 |
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