Mar, 31, 2021 — AUSTIN FEDERAL CREDIT UNION is a federal credit union headquartered in AUSTIN, TX with 1 branch location and about $35.74 million in total assets. Opened 54 years ago in 1967, AUSTIN FEDERAL CREDIT UNION has about 2,837 members and employs 8 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | AUSTIN FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 1900 WOODWARD ST AUSTIN, TX 78741 |
| Phone: | (512) 444-6419 |
| Fax: | (512) 444-6474 |
| Website: | http://www.austinfcu.com |
| Branches: | 1 branch locations |
| Members: | 2,837 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 17955 |
|---|---|
| Membership Type: | Community credit unions, urban or rural, other than those designated 'low income' |
| Corporate Credit Union: | No |
| Year Opened: | 1967 |
| Last Audited: | Sep 01, 2020 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $35,744,911 |
| CEO/Manager: | Melinda J Bayer |
| Chairperson: | Kenneth E Shick |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 7,626,037 |
| TOTAL INVESTMENTS | 7,381,703 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 2,751,266 |
| Unsecured Loans | 737,009 |
| Other Loans | 14,786,796 |
| TOTAL LOANS | 18,325,661 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -60,151 |
| Land And Building | 1,599,695 |
| Other Fixed Assets | 168,459 |
| NCUSIF Deposit | 282,737 |
| All Other Assets | 420,770 |
| TOTAL ASSETS | 35,744,911 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 20 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 135,906 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 9,838,340 |
| Regular shares | 21,056,497 |
| All Other Shares & Deposits | 2,144,901 |
| TOTAL SHARES & DEPOSITS | 33,039,738 |
| TOTAL LIABILITIES | 33,175,664 |
| Regular Reserve | 821,990 |
| Other Reserves | 0 |
| Undivided Earnings | 1,747,257 |
| TOTAL EQUITY | 2,569,247 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 35,744,911 |
| INCOME & EXPENSE | |
| Loan Income | 183,419 |
| Investment Income | 7,583 |
| Other Income | 58,711 |
| Total Employee Compensation & Benefits | 87,666 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 170,118 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 4,000 |
| Cost of Funds | 5,036 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 48,252 |
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