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COMPLEX COMMUNITY FEDERAL CREDIT UNION

Dec, 31, 2020 — COMPLEX COMMUNITY FEDERAL CREDIT UNION is a federal credit union headquartered in ODESSA, TX with 8 branch locations and about $580.50 million in total assets. Opened 63 years ago in 1958, COMPLEX COMMUNITY FEDERAL CREDIT UNION has about 39,952 members and employs 135 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:39,952
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, 2019
FHLB Member:No
Low Income Designation:No
Assets:$580,503,399
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 107,138,486
TOTAL INVESTMENTS 122,030,427
Loans Held for Sale 0
 
 Real Estate Loans 118,197,254
 Unsecured Loans 16,842,296
 Other Loans 188,409,530
 TOTAL LOANS 324,274,829
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -1,598,978
 Land And Building 15,906,966
 Other Fixed Assets 370,928
 NCUSIF Deposit 4,798,822
 All Other Assets 7,581,919
  TOTAL ASSETS 580,503,399
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 5,285,853
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 105,589,550
 Regular shares 219,291,027
 All Other Shares & Deposits 177,683,806
  TOTAL SHARES & DEPOSITS 502,564,383
  TOTAL LIABILITIES 507,850,236
 Regular Reserve 2,011,065
 Other Reserves 6,525,096
 Undivided Earnings 64,117,002
  TOTAL EQUITY 72,653,163
  TOTAL LIABILITIES, SHARES, & EQUITY 580,503,399
INCOME & EXPENSE  
 Loan Income 15,848,071
 Investment Income 2,533,096
 Other Income 11,481,022
 Total Employee Compensation & Benefits 9,867,448
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 10,195,208
 Non-operating Income & (Expense) 94,394
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 1,668,000
 Cost of Funds 2,076,122
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 6,149,805
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