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COASTAL BEND P O FEDERAL CREDIT UNION

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
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
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

Call Report

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
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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