Dec, 31, 2021 — AUSTIN FEDERAL CREDIT UNION is a federal credit union headquartered in AUSTIN, TX with 1 branch location and about $38.20 million in total assets. Opened 55 years ago in 1967, AUSTIN FEDERAL CREDIT UNION has about 2,631 members and employs 7 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 |
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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: | 2,631 |
Credit Union Type: | Federal Credit Union |
Charter Number: | 17955 |
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Membership Type: | Community credit unions, urban or rural, other than those designated 'low income' |
Corporate Credit Union: | No |
Year Opened: | 1967 |
Last Audited: | Jan 01, 2022 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $38,200,056 |
CEO/Manager: | Melinda J Bayer |
Chairperson: | Kenneth E Shick |
ASSETS: | $ Amount |
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Cash & Equivalents | 8,827,837 |
TOTAL INVESTMENTS | 11,502,658 |
Loans Held for Sale | 0 |
Real Estate Loans | 1,744,745 |
Unsecured Loans | 682,422 |
Other Loans | 13,048,900 |
TOTAL LOANS | 15,512,803 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -63,435 |
Land And Building | 1,581,782 |
Other Fixed Assets | 155,863 |
NCUSIF Deposit | 313,287 |
All Other Assets | 369,261 |
TOTAL ASSETS | 38,200,056 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 44 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 311,929 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 9,977,510 |
Regular shares | 23,561,490 |
All Other Shares & Deposits | 1,761,635 |
TOTAL SHARES & DEPOSITS | 35,300,635 |
TOTAL LIABILITIES | 35,612,608 |
Regular Reserve | 821,990 |
Other Reserves | 0 |
Undivided Earnings | 1,765,458 |
TOTAL EQUITY | 2,587,448 |
TOTAL LIABILITIES, SHARES, & EQUITY | 38,200,056 |
INCOME & EXPENSE | |
Loan Income | 682,795 |
Investment Income | 26,888 |
Other Income | 239,296 |
Total Employee Compensation & Benefits | 371,183 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 648,818 |
Non-operating Income & (Expense) | 142,189 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 22,000 |
Cost of Funds | 20,219 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | 66,455 |
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