Mar, 31, 2021 — TEXAS COMMUNITY FEDERAL CREDIT UNION is a federal credit union headquartered in KINGSVILLE, TX with 1 branch location and about $22.49 million in total assets. Opened 84 years ago in 1937, TEXAS COMMUNITY FEDERAL CREDIT UNION has about 2,461 members and employs 13 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | TEXAS COMMUNITY FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 605 E CAESAR AVE KINGSVILLE, TX 78363 |
| Phone: | (361) 595-5538 |
| Fax: | (361) 595-5530 |
| Website: | https://www.texasfcu.org |
| Branches: | 1 branch locations |
| Members: | 2,461 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 1879 |
|---|---|
| Membership Type: | Community - Rural District |
| Corporate Credit Union: | No |
| Year Opened: | 1937 |
| Last Audited: | Oct 01, 2019 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $22,491,926 |
| CEO/Manager: | Imelda H Garza |
| Chairperson: | Juan M Macarano |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 916,670 |
| TOTAL INVESTMENTS | 3,787,034 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 0 |
| Unsecured Loans | 2,353,078 |
| Other Loans | 14,558,025 |
| TOTAL LOANS | 16,911,103 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -183,845 |
| Land And Building | 676,756 |
| Other Fixed Assets | 129,366 |
| NCUSIF Deposit | 146,740 |
| All Other Assets | 108,102 |
| TOTAL ASSETS | 22,491,926 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 132,045 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 3,585,440 |
| Regular shares | 8,674,252 |
| All Other Shares & Deposits | 7,500,132 |
| TOTAL SHARES & DEPOSITS | 19,759,824 |
| TOTAL LIABILITIES | 19,891,869 |
| Regular Reserve | 393,590 |
| Other Reserves | 0 |
| Undivided Earnings | 2,206,467 |
| TOTAL EQUITY | 2,600,057 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 22,491,926 |
| INCOME & EXPENSE | |
| Loan Income | 379,014 |
| Investment Income | 6,113 |
| Other Income | 32,806 |
| Total Employee Compensation & Benefits | 141,107 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 167,561 |
| Non-operating Income & (Expense) | 6,750 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 57,076 |
| Cost of Funds | 42,172 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 75,146 |
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