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COMPLEX COMMUNITY FEDERAL CREDIT UNION

Dec, 31, 2023 — COMPLEX COMMUNITY FEDERAL CREDIT UNION is a federal credit union headquartered in ODESSA, TX with 10 branch locations and about $756.89 million in total assets. Opened 66 years ago in 1958, COMPLEX COMMUNITY FEDERAL CREDIT UNION has about 42,350 members and employs 150 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


ABA Routing Number: 316386832
Name:COMPLEX COMMUNITY FEDERAL CREDIT UNION
Address:
(Main Office)
4519 E 51st St
ODESSA, TX 79762
Phone:(432) 550-9126
Fax:(432) 368-5781
Website:https://www.comcfcu.com/
Branches:10 branch locations
Members:42,350
Credit Union Type:Federal Credit Union
Charter Number:12697
Membership Type:Community - Rural District
Corporate Credit Union:No
Year Opened:1958
Last Audited:Dec 01, 2022
FHLB Member:Yes
Low Income Designation:No
Assets:$756,891,808
CEO/Manager:Jason Berridge
Chairperson:Jack Westerfeldt Jr

Call Report

  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 96,784,627
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 163,768,452
 Unsecured Loans 21,643,298
 Other Loans 299,414,091
 TOTAL LOANS 486,752,296
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -1,379,151
 Land And Building 20,368,501
 Other Fixed Assets 477,614
 NCUSIF Deposit 5,382,456
 All Other Assets 26,000
  TOTAL ASSETS 756,891,808
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 80,192,921
 Accounts Payable & Other Liabilities 6,514,482
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 123,904,860
 Regular shares 256,838,226
 All Other Shares & Deposits 212,591,684
  TOTAL SHARES & DEPOSITS 593,334,770
  TOTAL LIABILITIES 680,080,573
 Regular Reserve 0
 Other Reserves -10,015,475
 Undivided Earnings 86,826,710
  TOTAL EQUITY 76,811,235
  TOTAL LIABILITIES, SHARES, & EQUITY 756,891,808
INCOME & EXPENSE  
 Loan Income 22,592,755
 Investment Income 5,562,849
 Other Income 3,971,468
 Total Employee Compensation & Benefits 12,191,124
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 13,516,448
 Non-operating Income & (Expense) 149,516
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 1,409,500
 Cost of Funds 5,916,870
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 9,296,014
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