Dec, 31, 2023 — HOCKLEY COUNTY SCHOOL EMPLOYEES CREDIT UNION is a federally insured state chartered credit union headquartered in LEVELLAND, TX with 1 branch location and about $37.65 million in total assets. Opened 70 years ago in 1954, HOCKLEY COUNTY SCHOOL EMPLOYEES CREDIT UNION has about 3,460 members and employs 11 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
Name: | HOCKLEY COUNTY SCHOOL EMPLOYEES CREDIT UNION |
---|---|
Address: (Main Office) | 504 Clubview Dr LEVELLAND, TX 79336 |
Phone: | (806) 894-6204 |
Fax: | (806) 897-4071 |
Website: | https://www.hcsecu.org |
Branches: | 1 branch locations |
Members: | 3,460 |
Credit Union Type: | Federally Insured State Chartered Credit Union |
Charter Number: | 67516 |
---|---|
Membership Type: | State chartered natural person |
Corporate Credit Union: | No |
Year Opened: | 1954 |
Last Audited: | Mar 01, 2023 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $37,652,612 |
CEO/Manager: | Russell W Vest |
Chairperson: | Lyndon Hardin |
ASSETS: | $ Amount |
---|---|
Cash & Equivalents | 1,330,524 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 0 |
Real Estate Loans | 0 |
Unsecured Loans | 2,549,607 |
Other Loans | 19,592,788 |
TOTAL LOANS | 22,142,395 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -202,954 |
Land And Building | 838,788 |
Other Fixed Assets | 33,345 |
NCUSIF Deposit | 283,503 |
All Other Assets | 0 |
TOTAL ASSETS | 37,652,612 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 113,143 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 786,337 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 845,412 |
Regular shares | 17,112,739 |
All Other Shares & Deposits | 14,464,027 |
TOTAL SHARES & DEPOSITS | 32,422,177 |
TOTAL LIABILITIES | 33,321,657 |
Regular Reserve | 0 |
Other Reserves | 0 |
Undivided Earnings | 4,330,955 |
TOTAL EQUITY | 4,330,955 |
TOTAL LIABILITIES, SHARES, & EQUITY | 37,652,612 |
INCOME & EXPENSE | |
Loan Income | 1,532,180 |
Investment Income | 311,739 |
Other Income | 129,633 |
Total Employee Compensation & Benefits | 682,522 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 685,658 |
Non-operating Income & (Expense) | 96,480 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 52,884 |
Cost of Funds | 639,597 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | 142,955 |
↑ Back to Top |