Dec, 31, 2020 — LIBERTY COUNTY TEACHERS FEDERAL CREDIT UNION is a federal credit union headquartered in Liberty, TX with 1 branch location and about $19.56 million in total assets. Opened 61 years ago in 1960, LIBERTY COUNTY TEACHERS FEDERAL CREDIT UNION has about 2,824 members and employs 7 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
Name: | LIBERTY COUNTY TEACHERS FEDERAL CREDIT UNION |
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Address: (Main Office) | 3712 North Main Street Liberty, TX 77575-3929 |
Phone: | (936) 336-7236 |
Fax: | (936) 336-7372 |
Website: | http://www.libertycu.com |
Branches: | 1 branch locations |
Members: | 2,824 |
Credit Union Type: | Federal Credit Union |
Charter Number: | 14052 |
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Membership Type: | Multiple common bond - Primarily educational |
Corporate Credit Union: | No |
Year Opened: | 1960 |
Last Audited: | Feb 01, 2020 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $19,563,301 |
CEO/Manager: | Cathy L Thibodeaux |
Chairperson: | Greg Hayman |
ASSETS: | $ Amount |
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Cash & Equivalents | 2,984,579 |
TOTAL INVESTMENTS | 5,068,205 |
Loans Held for Sale | 0 |
Real Estate Loans | 764,484 |
Unsecured Loans | 816,653 |
Other Loans | 9,317,626 |
TOTAL LOANS | 10,898,763 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -94,116 |
Land And Building | 423,923 |
Other Fixed Assets | 10,960 |
NCUSIF Deposit | 167,673 |
All Other Assets | 103,314 |
TOTAL ASSETS | 19,563,301 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 0 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 192,287 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 3,889,972 |
Regular shares | 13,445,319 |
All Other Shares & Deposits | 123,116 |
TOTAL SHARES & DEPOSITS | 17,458,407 |
TOTAL LIABILITIES | 17,650,694 |
Regular Reserve | 388,343 |
Other Reserves | 0 |
Undivided Earnings | 1,524,264 |
TOTAL EQUITY | 1,912,607 |
TOTAL LIABILITIES, SHARES, & EQUITY | 19,563,301 |
INCOME & EXPENSE | |
Loan Income | 622,130 |
Investment Income | 115,056 |
Other Income | 297,306 |
Total Employee Compensation & Benefits | 318,376 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 527,473 |
Non-operating Income & (Expense) | 0 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | -13,086 |
Cost of Funds | 27,706 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | 174,023 |
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