Dec, 31, 2023 — TEXAS LEE FEDERAL CREDIT UNION is a federal credit union headquartered in HOUSTON, TX with 1 branch location and about $843,205 in total assets. Opened 57 years ago in 1967, TEXAS LEE FEDERAL CREDIT UNION has about 103 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | TEXAS LEE FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 6918 Corporate Dr # STEA5 HOUSTON, TX 77036-5139 |
| Phone: | (713) 965-0744 |
| Fax: | (713) 965-0744 |
| Website: | https://www.texasleefcu.net |
| Branches: | 1 branch locations |
| Members: | 103 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 18218 |
|---|---|
| Membership Type: | Associational - Other than religious or fraternal, or 'low-income' |
| Corporate Credit Union: | No |
| Year Opened: | 1967 |
| Last Audited: | Dec 01, 2023 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $843,205 |
| CEO/Manager: | Susannah Wong |
| Chairperson: | Wea Lee |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 24,768 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 0 |
| Unsecured Loans | 87,745 |
| Other Loans | 412,120 |
| TOTAL LOANS | 499,865 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -200 |
| Land And Building | 0 |
| Other Fixed Assets | 0 |
| NCUSIF Deposit | 7,397 |
| All Other Assets | 0 |
| TOTAL ASSETS | 843,205 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 10,200 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 150 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 0 |
| Regular shares | 469,643 |
| All Other Shares & Deposits | 278,592 |
| TOTAL SHARES & DEPOSITS | 748,235 |
| TOTAL LIABILITIES | 758,585 |
| Regular Reserve | 0 |
| Other Reserves | 0 |
| Undivided Earnings | 84,620 |
| TOTAL EQUITY | 84,620 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 843,205 |
| INCOME & EXPENSE | |
| Loan Income | 16,218 |
| Investment Income | 13,568 |
| Other Income | 0 |
| Total Employee Compensation & Benefits | 0 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 5,221 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 0 |
| Cost of Funds | 12,752 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 11,813 |
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