Dec, 31, 2023 — TEXSTAR FEDERAL CREDIT UNION is a federal credit union headquartered in KENEDY, TX with 1 branch location and about $24.46 million in total assets. Opened 57 years ago in 1967, TEXSTAR FEDERAL CREDIT UNION has about 1,246 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: | TEXSTAR FEDERAL CREDIT UNION |
---|---|
Address: (Main Office) | 141 Park Place Blvd KENEDY, TX 78119 |
Phone: | (830) 583-3443 |
Fax: | (830) 583-0203 |
Website: | https://www.texstarfcu.com |
Branches: | 1 branch locations |
Members: | 1,246 |
Credit Union Type: | Federal Credit Union |
Charter Number: | 17953 |
---|---|
Membership Type: | Multiple common bond - Primarily educational |
Corporate Credit Union: | No |
Year Opened: | 1967 |
Last Audited: | Dec 01, 2022 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $24,455,567 |
CEO/Manager: | Ronald R Hyde |
Chairperson: | Debbie Witte |
ASSETS: | $ Amount |
---|---|
Cash & Equivalents | 3,807,792 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 0 |
Real Estate Loans | 396,656 |
Unsecured Loans | 682,595 |
Other Loans | 4,770,555 |
TOTAL LOANS | 5,849,805 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -62,940 |
Land And Building | 1,128,431 |
Other Fixed Assets | 21,027 |
NCUSIF Deposit | 220,710 |
All Other Assets | 0 |
TOTAL ASSETS | 24,455,567 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 0 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 11,367 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 1,224,153 |
Regular shares | 8,102,302 |
All Other Shares & Deposits | 12,617,682 |
TOTAL SHARES & DEPOSITS | 21,944,137 |
TOTAL LIABILITIES | 21,955,504 |
Regular Reserve | 0 |
Other Reserves | 0 |
Undivided Earnings | 2,500,063 |
TOTAL EQUITY | 2,500,063 |
TOTAL LIABILITIES, SHARES, & EQUITY | 24,455,567 |
INCOME & EXPENSE | |
Loan Income | 369,939 |
Investment Income | 463,742 |
Other Income | 14,218 |
Total Employee Compensation & Benefits | 255,925 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 339,234 |
Non-operating Income & (Expense) | 0 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 11,597 |
Cost of Funds | 83,182 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | 182,429 |
↑ Back to Top |