INVESTEX CREDIT UNION is no longer an active credit union according to the NCUA. If available, you can view their website at https://www.investexcu.org for more information.
Dec, 31, 2023 — INVESTEX CREDIT UNION is a federally insured state chartered credit union headquartered in Humble, TX with 6 branch locations and about $246.73 million in total assets. Opened 72 years ago in 1952, INVESTEX CREDIT UNION has about 21,161 members and employs 63 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
Name: | INVESTEX CREDIT UNION |
---|---|
Address: (Main Office) | 8404 FM 1960 Rd W Humble, TX 77338 |
Phone: | (281) 449-0109 |
Fax: | (281) 449-0109 |
Website: | https://www.investexcu.org |
Branches: | 6 branch locations |
Members: | 21,161 |
Credit Union Type: | Federally Insured State Chartered Credit Union |
Charter Number: | 67637 |
---|---|
Membership Type: | State chartered natural person |
Corporate Credit Union: | No |
Year Opened: | 1952 |
Last Audited: | Mar 01, 2022 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $246,734,688 |
CEO/Manager: | Keith L Kearney |
Chairperson: | Catherine Paraschos |
ASSETS: | $ Amount |
---|---|
Cash & Equivalents | 9,056,811 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 0 |
Real Estate Loans | 32,496,278 |
Unsecured Loans | 14,793,757 |
Other Loans | 87,567,391 |
TOTAL LOANS | 134,857,426 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -1,164,656 |
Land And Building | 8,160,620 |
Other Fixed Assets | 764,047 |
NCUSIF Deposit | 2,304,355 |
All Other Assets | 0 |
TOTAL ASSETS | 246,734,688 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 20,131 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 2,227,348 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 57,627,900 |
Regular shares | 123,519,049 |
All Other Shares & Deposits | 55,791,197 |
TOTAL SHARES & DEPOSITS | 236,938,146 |
TOTAL LIABILITIES | 239,185,625 |
Regular Reserve | 0 |
Other Reserves | -18,177,963 |
Undivided Earnings | 25,727,026 |
TOTAL EQUITY | 7,549,063 |
TOTAL LIABILITIES, SHARES, & EQUITY | 246,734,688 |
INCOME & EXPENSE | |
Loan Income | 4,219,940 |
Investment Income | 1,167,263 |
Other Income | 2,310,348 |
Total Employee Compensation & Benefits | 3,521,117 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 2,791,430 |
Non-operating Income & (Expense) | 20,000 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 177,565 |
Cost of Funds | 638,943 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | 1,669,883 |
↑ Back to Top |