Dec, 31, 2023 — SEMINOLE PUBLIC SCHOOLS FEDERAL CREDIT UNION is a federal credit union headquartered in SEMINOLE, TX with 1 branch location and about $7.28 million in total assets. Opened 59 years ago in 1965, SEMINOLE PUBLIC SCHOOLS FEDERAL CREDIT UNION has about 765 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
Name: | SEMINOLE PUBLIC SCHOOLS FEDERAL CREDIT UNION |
---|---|
Address: (Main Office) | 207 SW 6th St SEMINOLE, TX 79360 |
Phone: | (432) 758-3942 |
Fax: | |
Website: | n/a |
Branches: | 1 branch locations |
Members: | 765 |
Credit Union Type: | Federal Credit Union |
Charter Number: | 17154 |
---|---|
Membership Type: | Educational |
Corporate Credit Union: | No |
Year Opened: | 1965 |
Last Audited: | Jun 01, 2023 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $7,276,551 |
CEO/Manager: | Karla E Morton |
Chairperson: | Gaynette Turner |
ASSETS: | $ Amount |
---|---|
Cash & Equivalents | 830,440 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 0 |
Real Estate Loans | 0 |
Unsecured Loans | 493,820 |
Other Loans | 2,567,756 |
TOTAL LOANS | 3,061,576 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -23,875 |
Land And Building | 0 |
Other Fixed Assets | 12,132 |
NCUSIF Deposit | 55,658 |
All Other Assets | 0 |
TOTAL ASSETS | 7,276,551 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 0 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 22,886 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 0 |
Regular shares | 5,606,761 |
All Other Shares & Deposits | 0 |
TOTAL SHARES & DEPOSITS | 5,606,761 |
TOTAL LIABILITIES | 5,629,647 |
Regular Reserve | 0 |
Other Reserves | 0 |
Undivided Earnings | 1,646,904 |
TOTAL EQUITY | 1,646,904 |
TOTAL LIABILITIES, SHARES, & EQUITY | 7,276,551 |
INCOME & EXPENSE | |
Loan Income | 245,596 |
Investment Income | 155,633 |
Other Income | 518 |
Total Employee Compensation & Benefits | 152,435 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 66,756 |
Non-operating Income & (Expense) | 0 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 14,569 |
Cost of Funds | 169,282 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | 2,949 |
↑ Back to Top |