Dec, 31, 2023 — UNITED COMMUNITY CREDIT UNION is a federally insured state chartered credit union headquartered in HOUSTON, TX with 4 branch locations and about $122.14 million in total assets. Opened 74 years ago in 1950, UNITED COMMUNITY CREDIT UNION has about 12,650 members and employs 56 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
Name: | UNITED COMMUNITY CREDIT UNION |
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Address: (Main Office) | 13700 E Sam Houston Parkway N HOUSTON, TX 77044 |
Phone: | (713) 674-5778 |
Fax: | |
Website: | https://www.unitedccu.com |
Branches: | 4 branch locations |
Members: | 12,650 |
Credit Union Type: | Federally Insured State Chartered Credit Union |
Charter Number: | 68369 |
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Membership Type: | State chartered natural person |
Corporate Credit Union: | No |
Year Opened: | 1950 |
Last Audited: | Dec 01, 2022 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $122,144,300 |
CEO/Manager: | Mac McDermott |
Chairperson: | Alice Adams |
ASSETS: | $ Amount |
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Cash & Equivalents | 4,910,292 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 0 |
Real Estate Loans | 18,977,505 |
Unsecured Loans | 13,187,853 |
Other Loans | 62,829,881 |
TOTAL LOANS | 94,995,239 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -1,110,449 |
Land And Building | 5,674,750 |
Other Fixed Assets | 54,973 |
NCUSIF Deposit | 1,138,787 |
All Other Assets | 0 |
TOTAL ASSETS | 122,144,300 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 6,442 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | -135,879 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 27,007,346 |
Regular shares | 63,626,722 |
All Other Shares & Deposits | 19,249,471 |
TOTAL SHARES & DEPOSITS | 109,883,539 |
TOTAL LIABILITIES | 109,754,102 |
Regular Reserve | 0 |
Other Reserves | -823,734 |
Undivided Earnings | 13,213,932 |
TOTAL EQUITY | 12,390,198 |
TOTAL LIABILITIES, SHARES, & EQUITY | 122,144,300 |
INCOME & EXPENSE | |
Loan Income | 5,230,542 |
Investment Income | 625,587 |
Other Income | 1,599,028 |
Total Employee Compensation & Benefits | 3,496,420 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 3,575,657 |
Non-operating Income & (Expense) | 12,149 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 851,004 |
Cost of Funds | 614,083 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | 866,717 |
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