Sep, 30, 2022 — PILGRIM FEDERAL CREDIT UNION is a federal credit union headquartered in HOUSTON, TX with 1 branch location and about $931,013 in total assets. Opened 60 years ago in 1963, PILGRIM FEDERAL CREDIT UNION has about 266 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: | 266 |
| 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: | Mar 01, 2022 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $931,013 |
| CEO/Manager: | June Washington |
| Chairperson: | David Emmers |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 326,485 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 0 |
| Unsecured Loans | 141,165 |
| Other Loans | 467,388 |
| TOTAL LOANS | 608,553 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -14,325 |
| Land And Building | 0 |
| Other Fixed Assets | 0 |
| NCUSIF Deposit | 7,888 |
| All Other Assets | 0 |
| TOTAL ASSETS | 931,013 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 1,221 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 1,700 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 0 |
| Regular shares | 551,886 |
| All Other Shares & Deposits | 262,369 |
| TOTAL SHARES & DEPOSITS | 814,255 |
| TOTAL LIABILITIES | 817,176 |
| Regular Reserve | 0 |
| Other Reserves | 14,659 |
| Undivided Earnings | 99,178 |
| TOTAL EQUITY | 113,837 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 931,013 |
| INCOME & EXPENSE | |
| Loan Income | 38,008 |
| Investment Income | 785 |
| Other Income | 6,215 |
| Total Employee Compensation & Benefits | 27,694 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 21,731 |
| Non-operating Income & (Expense) | 9,058 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 0 |
| Cost of Funds | 2,355 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 2,286 |
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