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BEAUMONT COMMUNITY CREDIT UNION

Dec, 31, 2023 — BEAUMONT COMMUNITY CREDIT UNION is a federally insured state chartered credit union headquartered in BEAUMONT, TX with 1 branch location and about $32.08 million in total assets. Opened 68 years ago in 1956, BEAUMONT COMMUNITY CREDIT UNION has about 3,794 members and employs 7 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:BEAUMONT COMMUNITY CREDIT UNION
Address:
(Main Office)
660 S M L King Jr Pkwy
BEAUMONT, TX 77701
Phone:(409) 899-1035
Fax:(409) 899-9715
Website:https://www.bmtccu.com
Branches:1 branch locations
Members:3,794
Credit Union Type:Federally Insured State Chartered Credit Union
Charter Number:67574
Membership Type:State chartered natural person
Corporate Credit Union:No
Year Opened:1956
Last Audited:Dec 01, 2022
FHLB Member:No
Low Income Designation:No
Assets:$32,084,848
CEO/Manager:Angel Diamantis
Chairperson:Earl White

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Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 4,610,269
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 576,646
 Unsecured Loans 1,718,448
 Other Loans 10,067,412
 TOTAL LOANS 12,362,506
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -66,141
 Land And Building 1,019,871
 Other Fixed Assets 12,382
 NCUSIF Deposit 262,773
 All Other Assets 0
  TOTAL ASSETS 32,084,848
LIABILITIES & CAPITAL:  
 Dividends Payable 19,992
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 219,815
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 8,135,779
 Regular shares 13,558,474
 All Other Shares & Deposits 6,041,790
  TOTAL SHARES & DEPOSITS 27,736,043
  TOTAL LIABILITIES 27,975,850
 Regular Reserve 0
 Other Reserves 0
 Undivided Earnings 4,108,998
  TOTAL EQUITY 4,108,998
  TOTAL LIABILITIES, SHARES, & EQUITY 32,084,848
INCOME & EXPENSE  
 Loan Income 530,175
 Investment Income 474,005
 Other Income 607,466
 Total Employee Compensation & Benefits 428,742
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 695,874
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 14,616
 Cost of Funds 155,571
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 356,755
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