Dec, 31, 2023 — ONE SOURCE FEDERAL CREDIT UNION is a federal credit union headquartered in EL PASO, TX with 3 branch locations and about $127.04 million in total assets. Opened 87 years ago in 1937, ONE SOURCE FEDERAL CREDIT UNION has about 10,100 members and employs 36 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
Name: | ONE SOURCE FEDERAL CREDIT UNION |
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Address: (Main Office) | 8870 Gazelle Dr EL PASO, TX 79925 |
Phone: | (915) 592-0223 |
Fax: | (915) 592-7048 |
Website: | https://www.onesourcefcu.org |
Branches: | 3 branch locations |
Members: | 10,100 |
Credit Union Type: | Federal Credit Union |
Charter Number: | 2115 |
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Membership Type: | Multiple common bond - Primarily communications and utilities |
Corporate Credit Union: | No |
Year Opened: | 1937 |
Last Audited: | Dec 01, 2022 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $127,042,080 |
CEO/Manager: | Bruce Truman |
Chairperson: | Robert C Peterson |
ASSETS: | $ Amount |
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Cash & Equivalents | 4,125,756 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 0 |
Real Estate Loans | 11,574,536 |
Unsecured Loans | 3,933,210 |
Other Loans | 55,993,249 |
TOTAL LOANS | 71,500,994 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -781,670 |
Land And Building | 2,872,519 |
Other Fixed Assets | 48,761 |
NCUSIF Deposit | 1,032,713 |
All Other Assets | 55,100 |
TOTAL ASSETS | 127,042,080 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 50,129 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 3,476,355 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 27,427,620 |
Regular shares | 50,583,702 |
All Other Shares & Deposits | 33,293,998 |
TOTAL SHARES & DEPOSITS | 111,305,322 |
TOTAL LIABILITIES | 114,831,806 |
Regular Reserve | 0 |
Other Reserves | 1,848,293 |
Undivided Earnings | 10,361,981 |
TOTAL EQUITY | 12,210,274 |
TOTAL LIABILITIES, SHARES, & EQUITY | 127,042,080 |
INCOME & EXPENSE | |
Loan Income | 3,489,193 |
Investment Income | 827,833 |
Other Income | 808,260 |
Total Employee Compensation & Benefits | 1,411,315 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 2,454,959 |
Non-operating Income & (Expense) | -234,202 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 0 |
Cost of Funds | 673,223 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | 464,122 |
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