Dec, 31, 2021 — TEXAS COMMUNITY FEDERAL CREDIT UNION is a federal credit union headquartered in KINGSVILLE, TX with 1 branch location and about $22.75 million in total assets. Opened 85 years ago in 1937, TEXAS COMMUNITY FEDERAL CREDIT UNION has about 2,475 members and employs 11 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 |
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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: | 2,475 |
Credit Union Type: | Federal Credit Union |
Charter Number: | 1879 |
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Membership Type: | Community - Rural District |
Corporate Credit Union: | No |
Year Opened: | 1937 |
Last Audited: | Aug 01, 2021 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $22,749,657 |
CEO/Manager: | Imelda H Garza |
Chairperson: | Juan M Macarano |
ASSETS: | $ Amount |
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Cash & Equivalents | 1,375,688 |
TOTAL INVESTMENTS | 3,837,034 |
Loans Held for Sale | 0 |
Real Estate Loans | 0 |
Unsecured Loans | 2,754,944 |
Other Loans | 13,909,443 |
TOTAL LOANS | 16,664,387 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -187,267 |
Land And Building | 652,121 |
Other Fixed Assets | 109,586 |
NCUSIF Deposit | 167,274 |
All Other Assets | 130,834 |
TOTAL ASSETS | 22,749,657 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 0 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 229,654 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 3,112,049 |
Regular shares | 8,199,440 |
All Other Shares & Deposits | 8,326,216 |
TOTAL SHARES & DEPOSITS | 19,637,705 |
TOTAL LIABILITIES | 19,867,359 |
Regular Reserve | 393,590 |
Other Reserves | 0 |
Undivided Earnings | 2,488,708 |
TOTAL EQUITY | 2,882,298 |
TOTAL LIABILITIES, SHARES, & EQUITY | 22,749,657 |
INCOME & EXPENSE | |
Loan Income | 1,515,931 |
Investment Income | 25,318 |
Other Income | 129,063 |
Total Employee Compensation & Benefits | 552,829 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 699,859 |
Non-operating Income & (Expense) | 77,799 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 198,977 |
Cost of Funds | 177,073 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | 357,390 |
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