WACONIZED FEDERAL CREDIT UNION is no longer an active credit union according to the NCUA.
Dec, 31, 2023 — WACONIZED FEDERAL CREDIT UNION is a federal credit union headquartered in Waco, TX with 1 branch location and about $3.89 million in total assets. Opened 77 years ago in 1947, WACONIZED FEDERAL CREDIT UNION has about 448 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
Name: | WACONIZED FEDERAL CREDIT UNION |
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Address: (Main Office) | 5200 -A Beverly Dr Waco, TX 76711 |
Phone: | (254) 755-8820 |
Fax: | (254) 754-6994 |
Website: | n/a |
Branches: | 1 branch locations |
Members: | 448 |
Credit Union Type: | Federal Credit Union |
Charter Number: | 5555 |
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Membership Type: | Manufacturing - All Other |
Corporate Credit Union: | No |
Year Opened: | 1947 |
Last Audited: | Nov 01, 2021 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $3,894,409 |
CEO/Manager: | Elizabeth D Hamilton |
Chairperson: | Marcus Olvera |
ASSETS: | $ Amount |
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Cash & Equivalents | 1,481,739 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 0 |
Real Estate Loans | 0 |
Unsecured Loans | 205,399 |
Other Loans | 837,077 |
TOTAL LOANS | 1,042,476 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -38,208 |
Land And Building | 0 |
Other Fixed Assets | 5,400 |
NCUSIF Deposit | 35,803 |
All Other Assets | 0 |
TOTAL ASSETS | 3,894,409 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 2,766 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 3,310 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 0 |
Regular shares | 3,276,948 |
All Other Shares & Deposits | 0 |
TOTAL SHARES & DEPOSITS | 3,276,948 |
TOTAL LIABILITIES | 3,283,024 |
Regular Reserve | 0 |
Other Reserves | 112,357 |
Undivided Earnings | 499,028 |
TOTAL EQUITY | 611,385 |
TOTAL LIABILITIES, SHARES, & EQUITY | 3,894,409 |
INCOME & EXPENSE | |
Loan Income | 72,982 |
Investment Income | 18,193 |
Other Income | 2,020 |
Total Employee Compensation & Benefits | 144,288 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 67,081 |
Non-operating Income & (Expense) | -73,556 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 0 |
Cost of Funds | 10,167 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | -199,301 |
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