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COASTAL BEND P O FEDERAL CREDIT UNION

Mar, 31, 2021 — COASTAL BEND P O FEDERAL CREDIT UNION is a federal credit union headquartered in Victoria, TX with 1 branch location and about $15.12 million in total assets. Opened 65 years ago in 1956, COASTAL BEND P O FEDERAL CREDIT UNION has about 1,037 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)
PO Box 1584
Victoria, TX 77902
Phone:(361) 572-4704
Fax:(361) 572-8170
Website:n/a
Branches:1 branch locations
Members:1,037
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, 2020
FHLB Member:No
Low Income Designation:No
Assets:$15,115,863
CEO/Manager:Michelle Aitchison
Chairperson:Ramiro Amejorado

Call Report

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 2,398,690
TOTAL INVESTMENTS 7,241,636
Loans Held for Sale 0
 
 Real Estate Loans 0
 Unsecured Loans 1,377,490
 Other Loans 3,990,145
 TOTAL LOANS 5,367,635
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -60,192
 Land And Building 0
 Other Fixed Assets 7,360
 NCUSIF Deposit 115,517
 All Other Assets 45,217
  TOTAL ASSETS 15,115,863
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 130,738
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 0
 Regular shares 6,073,862
 All Other Shares & Deposits 5,975,248
  TOTAL SHARES & DEPOSITS 12,049,110
  TOTAL LIABILITIES 12,179,848
 Regular Reserve 300,000
 Other Reserves 0
 Undivided Earnings 2,636,015
  TOTAL EQUITY 2,936,015
  TOTAL LIABILITIES, SHARES, & EQUITY 15,115,863
INCOME & EXPENSE  
 Loan Income 91,585
 Investment Income 24,038
 Other Income 29,730
 Total Employee Compensation & Benefits 54,985
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 15,499
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 10,400
 Cost of Funds 34,399
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 32,933
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