Dec, 31, 2023 — LONGVIEW FEDERAL CREDIT UNION is a federal credit union headquartered in WHITE OAK, TX with 1 branch location and about $3.66 million in total assets. Opened 88 years ago in 1936, LONGVIEW FEDERAL CREDIT UNION has about 535 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: | LONGVIEW FEDERAL CREDIT UNION |
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Address: (Main Office) | 108 Carmon Ct WHITE OAK, TX 75693 |
Phone: | (903) 297-4522 |
Fax: | (903) 297-0666 |
Website: | n/a |
Branches: | 1 branch locations |
Members: | 535 |
Credit Union Type: | Federal Credit Union |
Charter Number: | 1130 |
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Membership Type: | Manufacturing - Petroleum Refining |
Corporate Credit Union: | No |
Year Opened: | 1936 |
Last Audited: | Dec 01, 2022 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $3,664,918 |
CEO/Manager: | Rachel N Ochoa |
Chairperson: | Jim O Poole |
ASSETS: | $ Amount |
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Cash & Equivalents | 63,493 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 0 |
Real Estate Loans | 0 |
Unsecured Loans | 96,692 |
Other Loans | 2,899,426 |
TOTAL LOANS | 2,996,118 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -14,055 |
Land And Building | 128,777 |
Other Fixed Assets | 8,744 |
NCUSIF Deposit | 30,661 |
All Other Assets | 0 |
TOTAL ASSETS | 3,664,918 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 2,945 |
Notes & Interest Payable | 160,000 |
Accounts Payable & Other Liabilities | 14,542 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 0 |
Regular shares | 2,700,566 |
All Other Shares & Deposits | 0 |
TOTAL SHARES & DEPOSITS | 2,700,566 |
TOTAL LIABILITIES | 2,878,053 |
Regular Reserve | 0 |
Other Reserves | 0 |
Undivided Earnings | 786,865 |
TOTAL EQUITY | 786,865 |
TOTAL LIABILITIES, SHARES, & EQUITY | 3,664,918 |
INCOME & EXPENSE | |
Loan Income | 156,713 |
Investment Income | 24,819 |
Other Income | 5,118 |
Total Employee Compensation & Benefits | 91,153 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 68,097 |
Non-operating Income & (Expense) | 0 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 149 |
Cost of Funds | 15,818 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | 12,077 |
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» See also Statement of Financial Condition