Dec, 31, 2020 — EL PASO AREA TEACHERS FEDERAL CREDIT UNION is a federal credit union headquartered in EL PASO, TX with 10 branch locations and about $769.79 million in total assets. Opened 85 years ago in 1936, EL PASO AREA TEACHERS FEDERAL CREDIT UNION has about 65,915 members and employs 205 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
Name: | EL PASO AREA TEACHERS FEDERAL CREDIT UNION |
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Address: (Main Office) | 12020 ROJAS DR EL PASO, TX 79936 |
Phone: | (915) 843-8328 |
Fax: | (915) 859-3564 |
Website: | http://www.tfcu.coop |
Branches: | 10 branch locations |
Members: | 65,915 |
Credit Union Type: | Federal Credit Union |
Charter Number: | 1409 |
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Membership Type: | Multiple common bond - Primarily educational |
Corporate Credit Union: | No |
Year Opened: | 1936 |
Last Audited: | Dec 01, 2019 |
FHLB Member: | Yes |
Low Income Designation: | No |
Assets: | $769,789,488 |
CEO/Manager: | Max Villaronga |
Chairperson: | Lillian Crouch |
ASSETS: | $ Amount |
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Cash & Equivalents | 54,830,595 |
TOTAL INVESTMENTS | 59,719,700 |
Loans Held for Sale | 0 |
Real Estate Loans | 120,838,020 |
Unsecured Loans | 49,548,059 |
Other Loans | 440,996,715 |
TOTAL LOANS | 612,666,949 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -6,345,343 |
Land And Building | 20,746,084 |
Other Fixed Assets | 3,668,593 |
NCUSIF Deposit | 6,145,001 |
All Other Assets | 18,357,909 |
TOTAL ASSETS | 769,789,488 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 0 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 4,551,429 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 154,780,625 |
Regular shares | 292,051,933 |
All Other Shares & Deposits | 225,432,907 |
TOTAL SHARES & DEPOSITS | 672,265,465 |
TOTAL LIABILITIES | 676,816,894 |
Regular Reserve | 4,492,804 |
Other Reserves | 9,141,175 |
Undivided Earnings | 79,338,615 |
TOTAL EQUITY | 92,972,594 |
TOTAL LIABILITIES, SHARES, & EQUITY | 769,789,488 |
INCOME & EXPENSE | |
Loan Income | 28,799,677 |
Investment Income | 1,212,530 |
Other Income | 11,355,816 |
Total Employee Compensation & Benefits | 13,331,814 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 13,594,288 |
Non-operating Income & (Expense) | -55,622 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 4,606,200 |
Cost of Funds | 4,506,573 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | 5,273,526 |
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