Sep, 30, 2025 — CHOCOLATE BAYOU COMMUNITY FEDERAL CREDIT UNION is a federal credit union headquartered in ALVIN, TX with 4 branch locations and about $151.14 million in total assets. Opened 64 years ago in 1962, CHOCOLATE BAYOU COMMUNITY FEDERAL CREDIT UNION has about 11,732 members and employs 49 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | CHOCOLATE BAYOU COMMUNITY FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 1301 Highway 35 Byp N ALVIN, TX 77511-2681 |
| Phone: | (281) 331-2253 |
| Fax: | (281) 331-4918 |
| Website: | https://www.chocolatebayou.org |
| Branches: | 4 branch locations |
| Members: | 11,732 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 15143 |
|---|---|
| Membership Type: | Community credit unions, urban or rural, other than those designated 'low income' |
| Corporate Credit Union: | No |
| Year Opened: | 1962 |
| Last Audited: | Jun 01, 2025 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $151,139,939 |
| CEO/Manager: | Gary Angeles |
| Chairperson: | Tommy King |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 12,127,682 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 33,388,230 |
| Unsecured Loans | 3,697,636 |
| Other Loans | 46,598,858 |
| TOTAL LOANS | 83,684,724 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -174,511 |
| Land And Building | 3,039,235 |
| Other Fixed Assets | 236,041 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 1,276,486 |
| All Other Assets | 26,394 |
| TOTAL ASSETS | 151,139,939 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 821,620 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 36,202,462 |
| Regular shares | 77,671,926 |
| All Other Shares & Deposits | 17,393,042 |
| TOTAL SHARES & DEPOSITS | 131,267,429 |
| TOTAL LIABILITIES | 132,089,049 |
| Regular Reserve | 0 |
| Other Reserves | -1,009,619 |
| Undivided Earnings | 20,060,509 |
| TOTAL EQUITY | 19,050,890 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 151,139,939 |
| INCOME & EXPENSE | |
| Loan Income | 3,388,308 |
| Investment Income | 1,370,066 |
| Other Income | 923,976 |
| Total Employee Compensation & Benefits | 2,604,499 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 2,780,718 |
| Non-operating Income & (Expense) | 76,214 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 161,065 |
| Cost of Funds | 369,797 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 1,047,393 |
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