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 |
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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 |
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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 |
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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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