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BAKER HUGHES FEDERAL CREDIT UNION

Sep, 30, 2025 — BAKER HUGHES FEDERAL CREDIT UNION is a federal credit union headquartered in HOUSTON, TX with 1 branch location and about $12.09 million in total assets. Opened 62 years ago in 1964, BAKER HUGHES FEDERAL CREDIT UNION has about 1,503 members and employs 3 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:BAKER HUGHES FEDERAL CREDIT UNION
Address:
(Main Office)
6830 Navigation Blvd
HOUSTON, TX 77011
Phone:(713) 923-9559
Fax:(713) 923-4869
Website:https://bhfcu.org
Branches:1 branch locations
Members:1,503
Credit Union Type:Federal Credit Union
Charter Number:16271
Membership Type:Multiple common bond - Primarily machinery
Corporate Credit Union:No
Year Opened:1964
Last Audited:May 01, 2025
FHLB Member:No
Low Income Designation:No
Assets:$12,093,985
CEO/Manager:Mark A Levien
Chairperson:Bruce K Walters

Call Report

  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 2,267,057
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 116,449
 Unsecured Loans 277,840
 Other Loans 1,566,946
 TOTAL LOANS 1,961,235
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -11,905
 Land And Building 621,975
 Other Fixed Assets 25,772
 NCUSIF (National Credit Union Share Insurance Fund) Deposit 109,413
 All Other Assets 0
  TOTAL ASSETS 12,093,985
LIABILITIES & CAPITAL:  
 Dividends Payable 8,143
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 32,197
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 2,139,369
 Regular shares 7,938,453
 All Other Shares & Deposits 475,609
  TOTAL SHARES & DEPOSITS 10,553,431
  TOTAL LIABILITIES 10,593,771
 Regular Reserve 0
 Other Reserves 1,103,908
 Undivided Earnings 396,306
  TOTAL EQUITY 1,500,214
  TOTAL LIABILITIES, SHARES, & EQUITY 12,093,985
INCOME & EXPENSE  
 Loan Income 101,706
 Investment Income 284,722
 Other Income 27,790
 Total Employee Compensation & Benefits 204,274
 NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense 0
 Total Other Operating Expenses 173,861
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 4,930
 Cost of Funds 27,693
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 15,485
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