Mar, 31, 2021 — JSC FEDERAL CREDIT UNION is a federal credit union headquartered in HOUSTON, TX with 19 branch locations and about $2.65 billion in total assets. Opened 60 years ago in 1961, JSC FEDERAL CREDIT UNION has about 135,961 members and employs 325 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | JSC FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | PO BOX 58346 HOUSTON, TX 77258 |
| Phone: | (281) 488-7070 |
| Fax: | (281) 283-0722 |
| Website: | http://www.jscfcu.org |
| Branches: | 19 branch locations |
| Members: | 135,961 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 14762 |
|---|---|
| Membership Type: | Multiple common bond - other |
| Corporate Credit Union: | No |
| Year Opened: | 1961 |
| Last Audited: | Apr 01, 2020 |
| FHLB Member: | Yes |
| Low Income Designation: | No |
| Assets: | $2,649,609,895 |
| CEO/Manager: | Christie Jordan |
| Chairperson: | Deborah A Conder |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 262,815,423 |
| TOTAL INVESTMENTS | 1,067,752,832 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 481,331,073 |
| Unsecured Loans | 60,131,829 |
| Other Loans | 682,811,955 |
| TOTAL LOANS | 1,224,274,857 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -7,183,066 |
| Land And Building | 31,871,807 |
| Other Fixed Assets | 3,395,665 |
| NCUSIF Deposit | 20,074,891 |
| All Other Assets | 46,607,486 |
| TOTAL ASSETS | 2,649,609,895 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 851,572 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 9,541,013 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 121,269,294 |
| Regular shares | 868,594,565 |
| All Other Shares & Deposits | 1,351,559,285 |
| TOTAL SHARES & DEPOSITS | 2,341,423,144 |
| TOTAL LIABILITIES | 2,351,815,729 |
| Regular Reserve | 9,314,541 |
| Other Reserves | 22,002,517 |
| Undivided Earnings | 266,477,108 |
| TOTAL EQUITY | 297,794,166 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 2,649,609,895 |
| INCOME & EXPENSE | |
| Loan Income | 12,503,794 |
| Investment Income | 4,591,771 |
| Other Income | 1,440,467 |
| Total Employee Compensation & Benefits | 6,426,975 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 7,461,408 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 1,499,953 |
| Cost of Funds | 2,306,328 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 2,976,972 |
| ↑ Back to Top | |