Dec, 31, 2023 — BROWNSVILLE CITY EMPLOYEES FEDERAL CREDIT UNION is a federal credit union headquartered in BROWNSVILLE, TX with 1 branch location and about $6.98 million in total assets. Opened 54 years ago in 1970, BROWNSVILLE CITY EMPLOYEES FEDERAL CREDIT UNION has about 1,325 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: | BROWNSVILLE CITY EMPLOYEES FEDERAL CREDIT UNION |
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Address: (Main Office) | 1001 E ELIZABETH ST BROWNSVILLE, TX 78520-5128 |
Phone: | (956) 548-6041 |
Fax: | (956) 546-2893 |
Website: | https://brownsvillecityfcu.com/ |
Branches: | 1 branch locations |
Members: | 1,325 |
Credit Union Type: | Federal Credit Union |
Charter Number: | 20392 |
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Membership Type: | Federal, State, Local Government |
Corporate Credit Union: | No |
Year Opened: | 1970 |
Last Audited: | Dec 01, 2022 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $6,983,435 |
CEO/Manager: | Aida Barbosa |
Chairperson: | Paul Cantu III |
ASSETS: | $ Amount |
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Cash & Equivalents | 1,024,513 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 0 |
Real Estate Loans | 0 |
Unsecured Loans | 1,208,159 |
Other Loans | 2,211,482 |
TOTAL LOANS | 3,419,641 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -26,527 |
Land And Building | 0 |
Other Fixed Assets | 1,068 |
NCUSIF Deposit | 57,600 |
All Other Assets | 0 |
TOTAL ASSETS | 6,983,435 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 0 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 55,406 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 0 |
Regular shares | 4,964,814 |
All Other Shares & Deposits | 0 |
TOTAL SHARES & DEPOSITS | 4,964,813 |
TOTAL LIABILITIES | 5,020,219 |
Regular Reserve | 0 |
Other Reserves | 0 |
Undivided Earnings | 1,963,216 |
TOTAL EQUITY | 1,963,216 |
TOTAL LIABILITIES, SHARES, & EQUITY | 6,983,435 |
INCOME & EXPENSE | |
Loan Income | 237,950 |
Investment Income | 98,289 |
Other Income | 9,388 |
Total Employee Compensation & Benefits | 92,180 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 115,296 |
Non-operating Income & (Expense) | 0 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 12,592 |
Cost of Funds | 26,339 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | 111,216 |
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