KILGORE SHELL EMPLOYEES FEDERAL CREDIT UNION is no longer an active credit union according to the NCUA.
Dec, 31, 2023 — KILGORE SHELL EMPLOYEES FEDERAL CREDIT UNION is a federal credit union headquartered in Kilgore, TX with 1 branch location and about $2.42 million in total assets. Opened 88 years ago in 1936, KILGORE SHELL EMPLOYEES FEDERAL CREDIT UNION has about 260 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | KILGORE SHELL EMPLOYEES FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 510 E Lantrip St Kilgore, TX 75662-5959 |
| Phone: | (903) 984-5654 |
| Fax: | (903) 983-3373 |
| Website: | n/a |
| Branches: | 1 branch locations |
| Members: | 260 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 1524 |
|---|---|
| Membership Type: | Multiple common bond - Primarily petroleum refining |
| Corporate Credit Union: | No |
| Year Opened: | 1936 |
| Last Audited: | Oct 01, 2021 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $2,424,160 |
| CEO/Manager: | Tammy M Strickland |
| Chairperson: | Jimmy Thrower |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 336,750 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 0 |
| Unsecured Loans | 5,085 |
| Other Loans | 1,496,206 |
| TOTAL LOANS | 1,501,291 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -10,368 |
| Land And Building | 71,543 |
| Other Fixed Assets | 0 |
| NCUSIF Deposit | 500 |
| All Other Assets | 0 |
| TOTAL ASSETS | 2,424,160 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 6,887 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 0 |
| Regular shares | 2,038,684 |
| All Other Shares & Deposits | 0 |
| TOTAL SHARES & DEPOSITS | 2,038,684 |
| TOTAL LIABILITIES | 2,045,571 |
| Regular Reserve | 0 |
| Other Reserves | 75,000 |
| Undivided Earnings | 303,589 |
| TOTAL EQUITY | 378,589 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 2,424,160 |
| INCOME & EXPENSE | |
| Loan Income | 55,589 |
| Investment Income | 3,163 |
| Other Income | 1,362 |
| Total Employee Compensation & Benefits | 41,376 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 22,844 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 5,417 |
| Cost of Funds | 1,221 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | -8,628 |
| ↑ Back to Top | |