Dec, 31, 2023 — PEAR ORCHARD FEDERAL CREDIT UNION is a federal credit union headquartered in BEAUMONT, TX with 1 branch location and about $1.23 million in total assets. Opened 59 years ago in 1965, PEAR ORCHARD FEDERAL CREDIT UNION has about 318 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: | PEAR ORCHARD FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 3390 Sarah St BEAUMONT, TX 77705-3022 |
| Phone: | (409) 842-4343 |
| Fax: | (409) 842-4804 |
| Website: | n/a |
| Branches: | 1 branch locations |
| Members: | 318 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 17105 |
|---|---|
| Membership Type: | Multiple common bond - Primarily faith based |
| Corporate Credit Union: | No |
| Year Opened: | 1965 |
| Last Audited: | Feb 01, 2023 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $1,229,844 |
| CEO/Manager: | Frank Owens |
| Chairperson: | Walter Thomas |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 491,954 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 0 |
| Unsecured Loans | 47,145 |
| Other Loans | 593,363 |
| TOTAL LOANS | 640,508 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -17,044 |
| Land And Building | 0 |
| Other Fixed Assets | 34 |
| NCUSIF Deposit | 7,956 |
| All Other Assets | 0 |
| TOTAL ASSETS | 1,229,844 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 642 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 3,312 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 0 |
| Regular shares | 1,012,956 |
| All Other Shares & Deposits | 0 |
| TOTAL SHARES & DEPOSITS | 1,012,956 |
| TOTAL LIABILITIES | 1,016,910 |
| Regular Reserve | 0 |
| Other Reserves | 43,601 |
| Undivided Earnings | 169,333 |
| TOTAL EQUITY | 212,934 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 1,229,844 |
| INCOME & EXPENSE | |
| Loan Income | 33,259 |
| Investment Income | 3,312 |
| Other Income | 2,562 |
| Total Employee Compensation & Benefits | 16,510 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 15,865 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 0 |
| Cost of Funds | 2,391 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 4,368 |
| ↑ Back to Top | |
» See also Statement of Financial Condition