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COMPLEX COMMUNITY FEDERAL CREDIT UNION

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.


ABA Routing Number: 316386832
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

Call Report

  • Overdraft Lines of Credit
  • Overdraft Protection
  • Real Estate Loans
  • Risk Based Loans
  • Share Secured Credit Cards
  • ATM/Debit Card Program
  • Commercial Share Accounts
  • Check Cashing
  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
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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