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CITY OF DEER PARK FEDERAL CREDIT UNION

Sep, 30, 2022 — CITY OF DEER PARK FEDERAL CREDIT UNION is a federal credit union headquartered in DEER PARK, TX with 1 branch location and about $6.11 million in total assets. Opened 59 years ago in 1964, CITY OF DEER PARK FEDERAL CREDIT UNION has about 611 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:CITY OF DEER PARK FEDERAL CREDIT UNION
Address:
(Main Office)
2005 Center St
DEER PARK, TX 77536
Phone:(281) 479-3344
Fax:(281) 479-3546
Website:https://www.dpefcu.org
Branches:1 branch locations
Members:611
Credit Union Type:Federal Credit Union
Charter Number:16061
Membership Type:Multiple common bond - Primarily federal, state, local government
Corporate Credit Union:No
Year Opened:1964
Last Audited:May 01, 2022
FHLB Member:No
Low Income Designation:No
Assets:$6,105,859
CEO/Manager:Dawn Larson
Chairperson:Susan Mele

Call Report

  • Payday Alternative Loans (PAL Loans)
  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 294,827
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 0
 Unsecured Loans 1,059,884
 Other Loans 3,593,437
 TOTAL LOANS 4,653,321
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -7,971
 Land And Building 0
 Other Fixed Assets 35
 NCUSIF Deposit 44,682
 All Other Assets 0
  TOTAL ASSETS 6,105,859
LIABILITIES & CAPITAL:  
 Dividends Payable 10,057
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 17,549
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 0
 Regular shares 4,053,905
 All Other Shares & Deposits 718,873
  TOTAL SHARES & DEPOSITS 4,772,778
  TOTAL LIABILITIES 4,800,384
 Regular Reserve 0
 Other Reserves 0
 Undivided Earnings 1,305,475
  TOTAL EQUITY 1,305,475
  TOTAL LIABILITIES, SHARES, & EQUITY 6,105,859
INCOME & EXPENSE  
 Loan Income 221,368
 Investment Income 8,356
 Other Income 3,550
 Total Employee Compensation & Benefits 86,228
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 78,656
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 1,176
 Cost of Funds 21,462
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 70,456
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