Dec, 31, 2023 — TEXAS PEOPLE FEDERAL CREDIT UNION is a federal credit union headquartered in FORT WORTH, TX with 1 branch location and about $27.06 million in total assets. Opened 78 years ago in 1946, TEXAS PEOPLE FEDERAL CREDIT UNION has about 2,333 members and employs 10 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
Name: | TEXAS PEOPLE FEDERAL CREDIT UNION |
---|---|
Address: (Main Office) | 4613 Wellesley Ave FORT WORTH, TX 76107 |
Phone: | (817) 731-2756 |
Fax: | (817) 737-6507 |
Website: | https://www.fwtpfcu.org |
Branches: | 1 branch locations |
Members: | 2,333 |
Credit Union Type: | Federal Credit Union |
Charter Number: | 5337 |
---|---|
Membership Type: | Multiple common bond - Primarily transportation |
Corporate Credit Union: | No |
Year Opened: | 1946 |
Last Audited: | Sep 01, 2023 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $27,062,116 |
CEO/Manager: | Stuart M Himmelstein |
Chairperson: | Michelle Scott |
ASSETS: | $ Amount |
---|---|
Cash & Equivalents | 965,741 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 0 |
Real Estate Loans | 5,610,941 |
Unsecured Loans | 1,460,845 |
Other Loans | 12,242,907 |
TOTAL LOANS | 19,314,693 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -86,616 |
Land And Building | 325,352 |
Other Fixed Assets | 23,256 |
NCUSIF Deposit | 229,768 |
All Other Assets | 0 |
TOTAL ASSETS | 27,062,116 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 121 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 1,018,719 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 3,136,193 |
Regular shares | 14,662,768 |
All Other Shares & Deposits | 3,676,628 |
TOTAL SHARES & DEPOSITS | 21,475,589 |
TOTAL LIABILITIES | 22,494,429 |
Regular Reserve | 0 |
Other Reserves | 756,085 |
Undivided Earnings | 3,811,602 |
TOTAL EQUITY | 4,567,687 |
TOTAL LIABILITIES, SHARES, & EQUITY | 27,062,116 |
INCOME & EXPENSE | |
Loan Income | 1,047,359 |
Investment Income | 258,198 |
Other Income | 126,613 |
Total Employee Compensation & Benefits | 663,599 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 666,801 |
Non-operating Income & (Expense) | -2,824 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 8,795 |
Cost of Funds | 106,241 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | 77,527 |
↑ Back to Top |