Jun, 30, 2023 — COASTAL BEND P O FEDERAL CREDIT UNION is a federal credit union headquartered in VICTORIA, TX with 1 branch location and about $14.56 million in total assets. Opened 68 years ago in 1956, COASTAL BEND P O FEDERAL CREDIT UNION has about 1,008 members and employs 4 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
Name: | COASTAL BEND P O FEDERAL CREDIT UNION |
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Address: (Main Office) | 312 S Main St Ste 221 VICTORIA, TX 77901 |
Phone: | (361) 572-4704 |
Fax: | (361) 572-8170 |
Website: | n/a |
Branches: | 1 branch locations |
Members: | 1,008 |
Credit Union Type: | Federal Credit Union |
Charter Number: | 11164 |
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Membership Type: | Federal, State, Local Government |
Corporate Credit Union: | No |
Year Opened: | 1956 |
Last Audited: | Sep 01, 2021 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $14,556,442 |
CEO/Manager: | Michelle Aitchison |
Chairperson: | Ramiro Amejorado |
ASSETS: | $ Amount |
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Cash & Equivalents | 1,411,883 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 0 |
Real Estate Loans | 0 |
Unsecured Loans | 1,334,833 |
Other Loans | 3,388,761 |
TOTAL LOANS | 4,723,594 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -52,572 |
Land And Building | 0 |
Other Fixed Assets | 5,213 |
NCUSIF Deposit | 117,883 |
All Other Assets | 0 |
TOTAL ASSETS | 14,556,442 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 0 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 174,996 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 0 |
Regular shares | 6,185,070 |
All Other Shares & Deposits | 5,095,448 |
TOTAL SHARES & DEPOSITS | 11,280,518 |
TOTAL LIABILITIES | 11,455,514 |
Regular Reserve | 0 |
Other Reserves | 0 |
Undivided Earnings | 3,100,928 |
TOTAL EQUITY | 3,100,928 |
TOTAL LIABILITIES, SHARES, & EQUITY | 14,556,442 |
INCOME & EXPENSE | |
Loan Income | 257,673 |
Investment Income | 88,392 |
Other Income | 9,674 |
Total Employee Compensation & Benefits | 191,733 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 47,610 |
Non-operating Income & (Expense) | 50,223 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 1,700 |
Cost of Funds | 73,906 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | 91,013 |
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