Dec, 31, 2023 — SOUTH TEXAS REGIONAL FEDERAL CREDIT UNION is a federal credit union headquartered in LAREDO, TX with 1 branch location and about $5.83 million in total assets. Opened 74 years ago in 1950, SOUTH TEXAS REGIONAL FEDERAL CREDIT UNION has about 1,335 members and employs 3 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
Name: | SOUTH TEXAS REGIONAL FEDERAL CREDIT UNION |
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Address: (Main Office) | 220 W Hillside Rd Ste 15 LAREDO, TX 78041 |
Phone: | (956) 723-0363 |
Fax: | (956) 723-0495 |
Website: | https://www.strfcu.com |
Branches: | 1 branch locations |
Members: | 1,335 |
Credit Union Type: | Federal Credit Union |
Charter Number: | 7024 |
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Membership Type: | Multiple common bond - Primarily faith based |
Corporate Credit Union: | No |
Year Opened: | 1950 |
Last Audited: | Mar 01, 2023 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $5,826,521 |
CEO/Manager: | Jessica Garcia |
Chairperson: | Juan Vargas |
ASSETS: | $ Amount |
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Cash & Equivalents | 872,874 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 0 |
Real Estate Loans | 0 |
Unsecured Loans | 600,420 |
Other Loans | 4,087,287 |
TOTAL LOANS | 4,687,708 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -2,486 |
Land And Building | 0 |
Other Fixed Assets | 0 |
NCUSIF Deposit | 52,512 |
All Other Assets | 0 |
TOTAL ASSETS | 5,826,521 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 0 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 16,872 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 171,209 |
Regular shares | 4,467,918 |
All Other Shares & Deposits | 432,459 |
TOTAL SHARES & DEPOSITS | 5,071,586 |
TOTAL LIABILITIES | 5,088,458 |
Regular Reserve | 0 |
Other Reserves | 0 |
Undivided Earnings | 738,063 |
TOTAL EQUITY | 738,063 |
TOTAL LIABILITIES, SHARES, & EQUITY | 5,826,521 |
INCOME & EXPENSE | |
Loan Income | 254,710 |
Investment Income | 23,984 |
Other Income | 29,575 |
Total Employee Compensation & Benefits | 120,423 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 129,734 |
Non-operating Income & (Expense) | 0 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 1,033 |
Cost of Funds | 8,223 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | 52,971 |
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