Dec, 31, 2023 — LEHRER INTERESTS CREDIT UNION is a federally insured state chartered credit union headquartered in GARWOOD, TX with 1 branch location and about $2.11 million in total assets. Opened 69 years ago in 1955, LEHRER INTERESTS CREDIT UNION has about 103 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | LEHRER INTERESTS CREDIT UNION |
|---|---|
| Address: (Main Office) | PO Box 428 GARWOOD, TX 77442 |
| Phone: | (979) 758-3221 |
| Fax: | (979) 758-3844 |
| Website: | n/a |
| Branches: | 1 branch locations |
| Members: | 103 |
| Credit Union Type: | Federally Insured State Chartered Credit Union |
| Charter Number: | 67641 |
|---|---|
| Membership Type: | State chartered natural person |
| Corporate Credit Union: | No |
| Year Opened: | 1955 |
| Last Audited: | Dec 01, 2023 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $2,110,489 |
| CEO/Manager: | RALPH A SAVINO |
| Chairperson: | DARYL W PIEPRZYCA |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 86,710 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 0 |
| Unsecured Loans | 11,337 |
| Other Loans | 457,792 |
| TOTAL LOANS | 469,129 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -1,000 |
| Land And Building | 0 |
| Other Fixed Assets | 0 |
| NCUSIF Deposit | 16,299 |
| All Other Assets | 0 |
| TOTAL ASSETS | 2,110,489 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 0 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 0 |
| Regular shares | 1,624,305 |
| All Other Shares & Deposits | 0 |
| TOTAL SHARES & DEPOSITS | 1,624,305 |
| TOTAL LIABILITIES | 1,624,305 |
| Regular Reserve | 0 |
| Other Reserves | 0 |
| Undivided Earnings | 486,184 |
| TOTAL EQUITY | 486,184 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 2,110,489 |
| INCOME & EXPENSE | |
| Loan Income | 19,521 |
| Investment Income | 50,610 |
| Other Income | 227 |
| Total Employee Compensation & Benefits | 11,200 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 8,069 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 0 |
| Cost of Funds | 42,192 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 8,897 |
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