Dec, 31, 2023 — LIBERTYONE CREDIT UNION is a federally insured state chartered credit union headquartered in ARLINGTON, TX with 3 branch locations and about $166.00 million in total assets. Opened 89 years ago in 1935, LIBERTYONE CREDIT UNION has about 9,206 members and employs 23 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
Name: | LIBERTYONE CREDIT UNION |
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Address: (Main Office) | 2221 E Lamar Blvd Ste 110 ARLINGTON, TX 76006 |
Phone: | (469) 212-0238 |
Fax: | (817) 380-4751 |
Website: | https://www.libertyonecu.com |
Branches: | 3 branch locations |
Members: | 9,206 |
Credit Union Type: | Federally Insured State Chartered Credit Union |
Charter Number: | 61604 |
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Membership Type: | State chartered natural person |
Corporate Credit Union: | No |
Year Opened: | 1935 |
Last Audited: | Sep 01, 2023 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $165,999,867 |
CEO/Manager: | Mike Funk |
Chairperson: | Charles Ramirez |
ASSETS: | $ Amount |
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Cash & Equivalents | 150,370 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 0 |
Real Estate Loans | 51,014,366 |
Unsecured Loans | 11,230,318 |
Other Loans | 66,954,821 |
TOTAL LOANS | 129,199,504 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -530,302 |
Land And Building | 0 |
Other Fixed Assets | 44,264 |
NCUSIF Deposit | 1,261,395 |
All Other Assets | 0 |
TOTAL ASSETS | 165,999,867 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 128,903 |
Notes & Interest Payable | 2,513,562 |
Accounts Payable & Other Liabilities | 1,330,592 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 15,487,876 |
Regular shares | 63,189,181 |
All Other Shares & Deposits | 67,422,733 |
TOTAL SHARES & DEPOSITS | 146,099,790 |
TOTAL LIABILITIES | 150,072,847 |
Regular Reserve | 0 |
Other Reserves | -2,646,950 |
Undivided Earnings | 18,573,970 |
TOTAL EQUITY | 15,927,020 |
TOTAL LIABILITIES, SHARES, & EQUITY | 165,999,867 |
INCOME & EXPENSE | |
Loan Income | 5,477,271 |
Investment Income | 440,735 |
Other Income | 1,045,988 |
Total Employee Compensation & Benefits | 2,252,401 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 1,643,399 |
Non-operating Income & (Expense) | 0 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 84,714 |
Cost of Funds | 2,962,242 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | 224,995 |
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