Mar, 31, 2021 — SAN PATRICIO COUNTY TEACHERS FEDERAL CREDIT UNION is a federal credit union headquartered in Sinton, TX with 2 branch locations and about $33.53 million in total assets. Opened 64 years ago in 1957, SAN PATRICIO COUNTY TEACHERS FEDERAL CREDIT UNION has about 3,746 members and employs 11 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | SAN PATRICIO COUNTY TEACHERS FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 501 W. Merriman Sinton, TX 78387 |
| Phone: | (361) 364-3683 |
| Fax: | (361) 364-2132 |
| Website: | http://www.sanpatcu.com |
| Branches: | 2 branch locations |
| Members: | 3,746 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 11721 |
|---|---|
| Membership Type: | Multiple common bond - Primarily educational |
| Corporate Credit Union: | No |
| Year Opened: | 1957 |
| Last Audited: | Dec 01, 2020 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $33,533,979 |
| CEO/Manager: | Kimberly Reese |
| Chairperson: | William Skoruppa |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 8,401,451 |
| TOTAL INVESTMENTS | 3,924,266 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 1,756,916 |
| Unsecured Loans | 612,818 |
| Other Loans | 17,460,545 |
| TOTAL LOANS | 19,830,279 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -103,905 |
| Land And Building | 1,072,500 |
| Other Fixed Assets | 6,445 |
| NCUSIF Deposit | 268,700 |
| All Other Assets | 134,243 |
| TOTAL ASSETS | 33,533,979 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 96,904 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 4,396,896 |
| Regular shares | 13,167,980 |
| All Other Shares & Deposits | 12,300,181 |
| TOTAL SHARES & DEPOSITS | 29,865,057 |
| TOTAL LIABILITIES | 29,961,961 |
| Regular Reserve | 183,836 |
| Other Reserves | 0 |
| Undivided Earnings | 3,388,182 |
| TOTAL EQUITY | 3,572,018 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 33,533,979 |
| INCOME & EXPENSE | |
| Loan Income | 210,801 |
| Investment Income | 8,767 |
| Other Income | 24,514 |
| Total Employee Compensation & Benefits | 123,485 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 94,226 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | -3,136 |
| Cost of Funds | 33,319 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 25,776 |
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