Credit Unions Near Me
National Credit Union Service Organization

EVOLVE FEDERAL CREDIT UNION

Mar, 31, 2021 — EVOLVE FEDERAL CREDIT UNION is a federal credit union headquartered in EL PASO, TX with 7 branch locations and about $368.15 million in total assets. Opened 85 years ago in 1936, EVOLVE FEDERAL CREDIT UNION has about 18,577 members and employs 80 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


ABA Routing Number: 312081005
Name:EVOLVE FEDERAL CREDIT UNION
Address:
(Main Office)
8820 GAZELLE DR
EL PASO, TX 79925
Phone:(915) 593-5866
Fax:(915) 593-1798
Website:http://www.evolvefcu.org
Branches:7 branch locations
Members:18,577
Credit Union Type:Federal Credit Union
Charter Number:1792
Membership Type:Community credit unions, urban or rural, other than those designated 'low income'
Corporate Credit Union:No
Year Opened:1936
Last Audited:Dec 01, 2020
FHLB Member:Yes
Low Income Designation:No
Assets:$368,150,646
CEO/Manager:Kenneth Walters
Chairperson:Matthew Behrens

Call Report

  • Debt Cancellation/Suspension
  • Indirect Consumer Loans
  • Overdraft Protection
  • Participation Loans
  • Real Estate Loans
  • Risk Based Loans
  • ATM/Debit Card Program
  • Commercial Share Accounts
  • Check Cashing
  • Insurance/Investment Sales
  • International Remittances
  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 36,759,664
TOTAL INVESTMENTS 71,012,665
Loans Held for Sale 0
 
 Real Estate Loans 110,888,809
 Unsecured Loans 9,697,606
 Other Loans 102,244,732
 TOTAL LOANS 222,831,147
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -1,090,674
 Land And Building 6,570,090
 Other Fixed Assets 2,813,335
 NCUSIF Deposit 2,867,695
 All Other Assets 26,386,724
  TOTAL ASSETS 368,150,646
LIABILITIES & CAPITAL:  
 Dividends Payable 211,078
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 16,510,348
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 72,220,462
 Regular shares 124,705,546
 All Other Shares & Deposits 123,123,154
  TOTAL SHARES & DEPOSITS 320,049,162
  TOTAL LIABILITIES 336,770,588
 Regular Reserve 3,644,493
 Other Reserves -4,203,542
 Undivided Earnings 31,939,107
  TOTAL EQUITY 31,380,058
  TOTAL LIABILITIES, SHARES, & EQUITY 368,150,646
INCOME & EXPENSE  
 Loan Income 2,340,107
 Investment Income 57,372
 Other Income 635,338
 Total Employee Compensation & Benefits 1,401,485
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 1,518,727
 Non-operating Income & (Expense) 12,310
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense -14,076
 Cost of Funds 452,988
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 253,369
↑ Back to Top

Other Credit Unions

W T N M ATLANTIC FEDERAL CREDIT UNION
PO BOX 467
DENVER CITY, TX 79323-0467
ANDREWS SCHOOL FEDERAL CREDIT UNION
PO Box 2049
ANDREWS, TX 79714-2049
SEMINOLE PUBLIC SCHOOLS FEDERAL CREDIT UNION
207 SW 6th St
SEMINOLE, TX 79360
YOAKUM COUNTY FEDERAL CREDIT UNION
PO BOX 395
PLAINS, TX 79355
MOUNTAIN STAR FEDERAL CREDIT UNION
2229 E Yandell Dr
EL PASO, TX 79903-3612
REEVES COUNTY TEACHERS CREDIT UNION
P.O. Box 430
PECOS, TX 79772
WARD COUNTY CREDIT UNION
301 S MAIN AVE
MONAHANS, TX 79756
ONE SOURCE FEDERAL CREDIT UNION
8870 GAZELLE DR
EL PASO, TX 79925
WESTEX COMMUNITY CREDIT UNION
200 E AUSTIN ST
KERMIT, TX 79745
FIRST BASIN CREDIT UNION
2740 North County Road West
ODESSA, TX 79764