C-T WACO FEDERAL CREDIT UNION is no longer an active credit union according to the NCUA. If available, you can view their website at https://ctwfcu.org for more information.
Dec, 31, 2023 — C-T WACO FEDERAL CREDIT UNION is a federal credit union headquartered in Waco, TX with 1 branch location and about $8.02 million in total assets. Opened 85 years ago in 1939, C-T WACO FEDERAL CREDIT UNION has about 811 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: | C-T WACO FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | P.O. Box 20245 Waco, TX 76702 |
| Phone: | (254) 772-2774 |
| Fax: | (254) 772-2848 |
| Website: | https://ctwfcu.org |
| Branches: | 1 branch locations |
| Members: | 811 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 3430 |
|---|---|
| Membership Type: | Multiple common bond - Primarily other manufacturing |
| Corporate Credit Union: | No |
| Year Opened: | 1939 |
| Last Audited: | Sep 01, 2020 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $8,022,461 |
| CEO/Manager: | Tina Cross |
| Chairperson: | David Whitby |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 2,575,488 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 0 |
| Unsecured Loans | 252,343 |
| Other Loans | 1,630,999 |
| TOTAL LOANS | 1,883,342 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -40,630 |
| Land And Building | 201,829 |
| Other Fixed Assets | 33,467 |
| NCUSIF Deposit | 77,277 |
| All Other Assets | 11,944 |
| TOTAL ASSETS | 8,022,461 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 22,690 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 1,468,560 |
| Regular shares | 5,437,887 |
| All Other Shares & Deposits | 802,192 |
| TOTAL SHARES & DEPOSITS | 7,708,639 |
| TOTAL LIABILITIES | 7,731,329 |
| Regular Reserve | 0 |
| Other Reserves | 491,048 |
| Undivided Earnings | -199,916 |
| TOTAL EQUITY | 291,132 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 8,022,461 |
| INCOME & EXPENSE | |
| Loan Income | 35,493 |
| Investment Income | 1,746 |
| Other Income | 6,818 |
| Total Employee Compensation & Benefits | 48,405 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 91,444 |
| Non-operating Income & (Expense) | 2,887 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 4,500 |
| Cost of Funds | 1,520 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | -98,925 |
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