Dec, 31, 2023 — PLAINS FEDERAL CREDIT UNION is a federal credit union headquartered in PLAINVIEW, TX with 1 branch location and about $3.40 million in total assets. Opened 66 years ago in 1958, PLAINS FEDERAL CREDIT UNION has about 482 members and employs 3 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
Name: | PLAINS FEDERAL CREDIT UNION |
---|---|
Address: (Main Office) | 209 W 4th St PLAINVIEW, TX 79072 |
Phone: | (806) 293-7091 |
Fax: | (806) 293-2641 |
Website: | https://www.plainsfcu.com |
Branches: | 1 branch locations |
Members: | 482 |
Credit Union Type: | Federal Credit Union |
Charter Number: | 12274 |
---|---|
Membership Type: | Multiple common bond - Primarily federal, state, local government |
Corporate Credit Union: | No |
Year Opened: | 1958 |
Last Audited: | Feb 01, 2023 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $3,403,692 |
CEO/Manager: | Mickie J Gregory |
Chairperson: | Caryl Owens |
ASSETS: | $ Amount |
---|---|
Cash & Equivalents | 251,528 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 0 |
Real Estate Loans | 0 |
Unsecured Loans | 40,431 |
Other Loans | 2,637,729 |
TOTAL LOANS | 2,678,160 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -10,000 |
Land And Building | 37,785 |
Other Fixed Assets | 3,273 |
NCUSIF Deposit | 28,101 |
All Other Assets | 0 |
TOTAL ASSETS | 3,403,692 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 26,040 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 77,858 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 0 |
Regular shares | 1,832,444 |
All Other Shares & Deposits | 875,699 |
TOTAL SHARES & DEPOSITS | 2,708,143 |
TOTAL LIABILITIES | 2,812,041 |
Regular Reserve | 0 |
Other Reserves | 0 |
Undivided Earnings | 591,651 |
TOTAL EQUITY | 591,651 |
TOTAL LIABILITIES, SHARES, & EQUITY | 3,403,692 |
INCOME & EXPENSE | |
Loan Income | 157,791 |
Investment Income | 20,526 |
Other Income | 1,967 |
Total Employee Compensation & Benefits | 102,208 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 51,656 |
Non-operating Income & (Expense) | 0 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 823 |
Cost of Funds | 38,174 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | -8,255 |
↑ Back to Top |