Dec, 31, 2023 — UNIFY FINANCIAL FEDERAL CREDIT UNION is a federal credit union headquartered in ALLEN, TX with 46 branch locations and about $3.81 billion in total assets. Opened 61 years ago in 1963, UNIFY FINANCIAL FEDERAL CREDIT UNION has about 260,479 members and employs 528 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
Name: | UNIFY FINANCIAL FEDERAL CREDIT UNION |
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Address: (Main Office) | 740 N Watters Rd ALLEN, TX 75013 |
Phone: | (877) 254-9328 |
Fax: | |
Website: | https://www.unifyfcu.com |
Branches: | 46 branch locations |
Members: | 260,479 |
Credit Union Type: | Federal Credit Union |
Charter Number: | 15732 |
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Membership Type: | Multiple common bond - Primarily transportation equipment |
Corporate Credit Union: | No |
Year Opened: | 1963 |
Last Audited: | Dec 01, 2022 |
FHLB Member: | Yes |
Low Income Designation: | No |
Assets: | $3,810,682,709 |
CEO/Manager: | Gordon Howe |
Chairperson: | Tony Tam |
ASSETS: | $ Amount |
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Cash & Equivalents | 162,269,930 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 0 |
Real Estate Loans | 1,916,803,057 |
Unsecured Loans | 337,932,428 |
Other Loans | 1,041,808,883 |
TOTAL LOANS | 3,296,544,368 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -140,228,979 |
Land And Building | 3,114,956 |
Other Fixed Assets | 15,662,880 |
NCUSIF Deposit | 30,400,054 |
All Other Assets | 5,413,773 |
TOTAL ASSETS | 3,810,682,709 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 0 |
Notes & Interest Payable | 310,000,000 |
Accounts Payable & Other Liabilities | 49,735,748 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 658,279,790 |
Regular shares | 901,435,712 |
All Other Shares & Deposits | 1,669,700,704 |
TOTAL SHARES & DEPOSITS | 3,229,416,205 |
TOTAL LIABILITIES | 3,590,200,146 |
Regular Reserve | 0 |
Other Reserves | -13,695,199 |
Undivided Earnings | 234,177,762 |
TOTAL EQUITY | 220,482,563 |
TOTAL LIABILITIES, SHARES, & EQUITY | 3,810,682,709 |
INCOME & EXPENSE | |
Loan Income | 174,385,295 |
Investment Income | 14,043,881 |
Other Income | 12,617,359 |
Total Employee Compensation & Benefits | 66,401,496 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 54,339,177 |
Non-operating Income & (Expense) | 7,686,476 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 65,023,483 |
Cost of Funds | 62,357,893 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | -20,653,369 |
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