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TEXAS LEE FEDERAL CREDIT UNION

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

Call Report

Financial Summary

» See also Statement of Financial Condition
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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