Dec, 31, 2023 — S.T.E.C. FEDERAL CREDIT UNION is a federal credit union headquartered in NURSERY, TX with 1 branch location and about $5.87 million in total assets. Opened 56 years ago in 1968, S.T.E.C. FEDERAL CREDIT UNION has about 690 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
Name: | S.T.E.C. FEDERAL CREDIT UNION |
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Address: (Main Office) | 2849 FM 447 NURSERY, TX 77976 |
Phone: | (361) 485-6125 |
Fax: | (361) 485-6240 |
Website: | n/a |
Branches: | 1 branch locations |
Members: | 690 |
Credit Union Type: | Federal Credit Union |
Charter Number: | 18816 |
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Membership Type: | Service - Communications and Utilities |
Corporate Credit Union: | No |
Year Opened: | 1968 |
Last Audited: | Dec 01, 2023 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $5,872,968 |
CEO/Manager: | LISA M PONCIO |
Chairperson: | Travis Gillig |
ASSETS: | $ Amount |
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Cash & Equivalents | 402,231 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 0 |
Real Estate Loans | 0 |
Unsecured Loans | 323,562 |
Other Loans | 3,202,035 |
TOTAL LOANS | 3,525,597 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -7,372 |
Land And Building | 0 |
Other Fixed Assets | 0 |
NCUSIF Deposit | 43,818 |
All Other Assets | 0 |
TOTAL ASSETS | 5,872,968 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 0 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 9,721 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 0 |
Regular shares | 4,124,943 |
All Other Shares & Deposits | 247,958 |
TOTAL SHARES & DEPOSITS | 4,372,902 |
TOTAL LIABILITIES | 4,382,623 |
Regular Reserve | 0 |
Other Reserves | 248,010 |
Undivided Earnings | 1,242,335 |
TOTAL EQUITY | 1,490,345 |
TOTAL LIABILITIES, SHARES, & EQUITY | 5,872,968 |
INCOME & EXPENSE | |
Loan Income | 116,355 |
Investment Income | 75,196 |
Other Income | 570 |
Total Employee Compensation & Benefits | 82,794 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 55,323 |
Non-operating Income & (Expense) | 3,074 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 1,585 |
Cost of Funds | 7,314 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | 48,179 |
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