Dec, 31, 2023 — POSTEL FAMILY CREDIT UNION is a federally insured state chartered credit union headquartered in WICHITA FALLS, TX with 2 branch locations and about $73.42 million in total assets. Opened 95 years ago in 1929, POSTEL FAMILY CREDIT UNION has about 5,747 members and employs 24 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | POSTEL FAMILY CREDIT UNION |
|---|---|
| Address: (Main Office) | 1300 Broad St WICHITA FALLS, TX 76301-7112 |
| Phone: | (940) 761-8600 |
| Fax: | (940) 322-2020 |
| Website: | https://www.postelcu.com |
| Branches: | 2 branch locations |
| Members: | 5,747 |
| Credit Union Type: | Federally Insured State Chartered Credit Union |
| Charter Number: | 67554 |
|---|---|
| Membership Type: | State chartered natural person |
| Corporate Credit Union: | No |
| Year Opened: | 1929 |
| Last Audited: | Sep 01, 2022 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $73,418,928 |
| CEO/Manager: | Rick L Hanson |
| Chairperson: | Joe Ryckoff |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 6,445,419 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 18,184,594 |
| Unsecured Loans | 2,990,698 |
| Other Loans | 17,317,481 |
| TOTAL LOANS | 38,685,571 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -416,245 |
| Land And Building | 6,873,498 |
| Other Fixed Assets | 161,699 |
| NCUSIF Deposit | 657,826 |
| All Other Assets | 0 |
| TOTAL ASSETS | 73,418,928 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 18 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 672,427 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 15,485,770 |
| Regular shares | 33,420,480 |
| All Other Shares & Deposits | 16,155,313 |
| TOTAL SHARES & DEPOSITS | 65,061,563 |
| TOTAL LIABILITIES | 65,734,008 |
| Regular Reserve | 0 |
| Other Reserves | 0 |
| Undivided Earnings | 7,684,920 |
| TOTAL EQUITY | 7,684,920 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 73,418,928 |
| INCOME & EXPENSE | |
| Loan Income | 2,384,954 |
| Investment Income | 507,173 |
| Other Income | 420,811 |
| Total Employee Compensation & Benefits | 1,817,615 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 1,370,962 |
| Non-operating Income & (Expense) | 39,833 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 167,991 |
| Cost of Funds | 344,523 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 219,003 |
| ↑ Back to Top | |