Mar, 31, 2021 — LITTLEFIELD SCHOOL EMPLOYEES FEDERAL CREDIT UNION is a federal credit union headquartered in Littlefield, TX with 1 branch location and about $1.15 million in total assets. Opened 63 years ago in 1958, LITTLEFIELD SCHOOL EMPLOYEES FEDERAL CREDIT UNION has about 219 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | LITTLEFIELD SCHOOL EMPLOYEES FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | P.O. Box 567 Littlefield, TX 79339 |
| Phone: | (806) 385-4791 |
| Fax: | (806) 385-4791 |
| Website: | n/a |
| Branches: | 1 branch locations |
| Members: | 219 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 12289 |
|---|---|
| Membership Type: | Educational |
| Corporate Credit Union: | No |
| Year Opened: | 1958 |
| Last Audited: | Jun 01, 2020 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $1,150,062 |
| CEO/Manager: | Cari McCurry |
| Chairperson: | Brette Southard |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 399,681 |
| TOTAL INVESTMENTS | 408,053 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 0 |
| Unsecured Loans | 169,833 |
| Other Loans | 163,700 |
| TOTAL LOANS | 333,533 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -4,970 |
| Land And Building | 0 |
| Other Fixed Assets | 1,433 |
| NCUSIF Deposit | 9,379 |
| All Other Assets | 2,953 |
| TOTAL ASSETS | 1,150,062 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 654 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 1,849 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 0 |
| Regular shares | 975,631 |
| All Other Shares & Deposits | 0 |
| TOTAL SHARES & DEPOSITS | 975,631 |
| TOTAL LIABILITIES | 978,134 |
| Regular Reserve | 19,820 |
| Other Reserves | 0 |
| Undivided Earnings | 152,108 |
| TOTAL EQUITY | 171,928 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 1,150,062 |
| INCOME & EXPENSE | |
| Loan Income | 7,423 |
| Investment Income | 1,633 |
| Other Income | 200 |
| Total Employee Compensation & Benefits | 4,729 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 2,720 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 300 |
| Cost of Funds | 654 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 853 |
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