Mar, 31, 2021 — COMPLEX COMMUNITY FEDERAL CREDIT UNION is a federal credit union headquartered in ODESSA, TX with 8 branch locations and about $610.68 million in total assets. Opened 63 years ago in 1958, COMPLEX COMMUNITY FEDERAL CREDIT UNION has about 39,726 members and employs 134 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | COMPLEX COMMUNITY FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 4519 E 51ST ST ODESSA, TX 79762 |
| Phone: | (432) 550-9126 |
| Fax: | (432) 368-5781 |
| Website: | http://www.comcfcu.com/ |
| Branches: | 8 branch locations |
| Members: | 39,726 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 12697 |
|---|---|
| Membership Type: | Community - Rural District |
| Corporate Credit Union: | No |
| Year Opened: | 1958 |
| Last Audited: | Dec 01, 2020 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $610,678,545 |
| CEO/Manager: | Jason Berridge |
| Chairperson: | Jack Westerfeldt Jr |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 148,906,832 |
| TOTAL INVESTMENTS | 112,520,287 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 117,615,644 |
| Unsecured Loans | 15,273,439 |
| Other Loans | 187,655,894 |
| TOTAL LOANS | 321,311,473 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -1,612,818 |
| Land And Building | 16,832,705 |
| Other Fixed Assets | 439,762 |
| NCUSIF Deposit | 4,798,822 |
| All Other Assets | 7,481,482 |
| TOTAL ASSETS | 610,678,545 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 6,103,149 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 110,406,587 |
| Regular shares | 242,620,649 |
| All Other Shares & Deposits | 179,097,535 |
| TOTAL SHARES & DEPOSITS | 532,124,771 |
| TOTAL LIABILITIES | 538,227,920 |
| Regular Reserve | 2,011,065 |
| Other Reserves | 4,792,601 |
| Undivided Earnings | 65,646,959 |
| TOTAL EQUITY | 72,450,625 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 610,678,545 |
| INCOME & EXPENSE | |
| Loan Income | 3,689,146 |
| Investment Income | 346,768 |
| Other Income | 791,090 |
| Total Employee Compensation & Benefits | 2,496,003 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 2,338,950 |
| Non-operating Income & (Expense) | 326,008 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 357,900 |
| Cost of Funds | 538,789 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 1,529,957 |
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