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.
Name: | COMPLEX COMMUNITY FEDERAL CREDIT UNION |
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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 |
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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 |
ASSETS: | $ Amount |
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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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