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PILGRIM FEDERAL CREDIT UNION

Sep, 30, 2025 — PILGRIM FEDERAL CREDIT UNION is a federal credit union headquartered in HOUSTON, TX with 1 branch location and about $939,312 in total assets. Opened 63 years ago in 1963, PILGRIM FEDERAL CREDIT UNION has about 212 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:PILGRIM FEDERAL CREDIT UNION
Address:
(Main Office)
3118 Blodgett St
HOUSTON, TX 77004
Phone:(713) 524-8783
Fax:(713) 524-0997
Website:n/a
Branches:1 branch locations
Members:212
Credit Union Type:Federal Credit Union
Charter Number:15817
Membership Type:Multiple common bond - Primarily faith based
Corporate Credit Union:No
Year Opened:1963
Last Audited:Dec 01, 2024
FHLB Member:No
Low Income Designation:No
Assets:$939,312
CEO/Manager:June Washington
Chairperson:David Emmers

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Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 260,735
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 0
 Unsecured Loans 182,154
 Other Loans 435,293
 TOTAL LOANS 617,447
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -1,396
 Land And Building 0
 Other Fixed Assets 0
 NCUSIF (National Credit Union Share Insurance Fund) Deposit 8,516
 All Other Assets 0
  TOTAL ASSETS 939,312
LIABILITIES & CAPITAL:  
 Dividends Payable 10,042
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 50
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 0
 Regular shares 406,641
 All Other Shares & Deposits 395,550
  TOTAL SHARES & DEPOSITS 802,193
  TOTAL LIABILITIES 812,285
 Regular Reserve 0
 Other Reserves 0
 Undivided Earnings 127,027
  TOTAL EQUITY 127,027
  TOTAL LIABILITIES, SHARES, & EQUITY 939,312
INCOME & EXPENSE  
 Loan Income 45,339
 Investment Income 4,072
 Other Income 6,256
 Total Employee Compensation & Benefits 28,761
 NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense 0
 Total Other Operating Expenses 19,113
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 0
 Cost of Funds 10,430
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) -1,669
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