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.
| 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 |
| 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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