Jun, 30, 2021 — U. S. I. FEDERAL CREDIT UNION is a federal credit union headquartered in Deer Park, TX with 1 branch location and about $16.58 million in total assets. Opened 62 years ago in 1959, U. S. I. FEDERAL CREDIT UNION has about 1,148 members and employs 3 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | U. S. I. FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | PO Box D Deer Park, TX 77536 |
| Phone: | (713) 209-1310 |
| Fax: | (713) 209-1251 |
| Website: | http://usifcu.com |
| Branches: | 1 branch locations |
| Members: | 1,148 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 13132 |
|---|---|
| Membership Type: | Multiple common bond - Primarily chemical |
| Corporate Credit Union: | No |
| Year Opened: | 1959 |
| Last Audited: | Jan 01, 2021 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $16,578,740 |
| CEO/Manager: | Thomas F Butler |
| Chairperson: | Pat Perrone |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 6,429,477 |
| TOTAL INVESTMENTS | 3,905,312 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 0 |
| Unsecured Loans | 1,142,661 |
| Other Loans | 5,140,482 |
| TOTAL LOANS | 6,283,143 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -55,638 |
| Land And Building | 6,577 |
| Other Fixed Assets | 63,287 |
| NCUSIF Deposit | 106,642 |
| All Other Assets | -160,060 |
| TOTAL ASSETS | 16,578,740 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 130,802 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 1,453,819 |
| Regular shares | 9,548,496 |
| All Other Shares & Deposits | 242,226 |
| TOTAL SHARES & DEPOSITS | 11,244,541 |
| TOTAL LIABILITIES | 11,375,343 |
| Regular Reserve | 0 |
| Other Reserves | 0 |
| Undivided Earnings | 5,203,397 |
| TOTAL EQUITY | 5,203,397 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 16,578,740 |
| INCOME & EXPENSE | |
| Loan Income | 178,790 |
| Investment Income | 55,756 |
| Other Income | 26,024 |
| Total Employee Compensation & Benefits | 103,670 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 113,008 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 0 |
| Cost of Funds | 9,519 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 69,821 |
| ↑ Back to Top | |