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COMMON CENTS FEDERAL CREDIT UNION

Sep, 30, 2025 — COMMON CENTS FEDERAL CREDIT UNION is a federal credit union headquartered in BEAUMONT, TX with 3 branch locations and about $36.78 million in total assets. Opened 63 years ago in 1963, COMMON CENTS FEDERAL CREDIT UNION has about 3,586 members and employs 17 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:COMMON CENTS FEDERAL CREDIT UNION
Address:
(Main Office)
8109 Smith Rd
BEAUMONT, TX 77705-6108
Phone:(409) 842-5233
Fax:(409) 842-5563
Website:https://www.commoncentscu.com
Branches:3 branch locations
Members:3,586
Credit Union Type:Federal Credit Union
Charter Number:15788
Membership Type:Community credit unions, urban or rural, other than those designated 'low income'
Corporate Credit Union:No
Year Opened:1963
Last Audited:Nov 01, 2024
FHLB Member:No
Low Income Designation:No
Assets:$36,777,838
CEO/Manager:Donnielle M Goff
Chairperson:Kenneth Thibodeaux

Call Report

  • Credit Builder
  • Payday Alternative Loans (PAL Loans)
  • International Remittances
  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 5,116,443
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 190,100
 Unsecured Loans 2,803,441
 Other Loans 20,411,268
 TOTAL LOANS 23,404,808
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -454,002
 Land And Building 3,602,804
 Other Fixed Assets 134,267
 NCUSIF (National Credit Union Share Insurance Fund) Deposit 312,461
 All Other Assets 0
  TOTAL ASSETS 36,777,838
LIABILITIES & CAPITAL:  
 Dividends Payable 117,156
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 126,999
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 6,706,936
 Regular shares 14,079,727
 All Other Shares & Deposits 11,797,536
  TOTAL SHARES & DEPOSITS 32,584,200
  TOTAL LIABILITIES 32,828,355
 Regular Reserve 0
 Other Reserves 0
 Undivided Earnings 3,949,483
  TOTAL EQUITY 3,949,483
  TOTAL LIABILITIES, SHARES, & EQUITY 36,777,838
INCOME & EXPENSE  
 Loan Income 1,189,046
 Investment Income 205,002
 Other Income 442,076
 Total Employee Compensation & Benefits 683,215
 NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense 0
 Total Other Operating Expenses 1,019,677
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 348,951
 Cost of Funds 419,611
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) -557,526
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