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National Credit Union Service Organization

I.B.E.W. LU 66 FEDERAL CREDIT UNION

Mar, 31, 2021 — I.B.E.W. LU 66 FEDERAL CREDIT UNION is a federal credit union headquartered in PASADENA, TX with 1 branch location and about $8.94 million in total assets. Opened 50 years ago in 1971, I.B.E.W. LU 66 FEDERAL CREDIT UNION has about 1,295 members and employs 3 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


ABA Routing Number: 313083837
Name:I.B.E.W. LU 66 FEDERAL CREDIT UNION
Address:
(Main Office)
4345 ALLEN GENOA RD
PASADENA, TX 77504
Phone:(713) 946-6513
Fax:(713) 946-1939
Website:https://www.mycu66.org
Branches:1 branch locations
Members:1,295
Credit Union Type:Federal Credit Union
Charter Number:20469
Membership Type:Associational - Other than religious or fraternal, or 'low-income'
Corporate Credit Union:No
Year Opened:1971
Last Audited:Sep 01, 2020
FHLB Member:No
Low Income Designation:No
Assets:$8,942,417
CEO/Manager:Angela H Berry
Chairperson:Bruce G Bettilyon

Call Report

  • Credit Builder
  • Debt Cancellation/Suspension
  • Overdraft Protection
  • Risk Based Loans
  • ATM/Debit Card Program
  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 2,267,750
TOTAL INVESTMENTS 449,657
Loans Held for Sale 0
 
 Real Estate Loans 0
 Unsecured Loans 872,214
 Other Loans 5,271,807
 TOTAL LOANS 6,144,021
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -55,254
 Land And Building 0
 Other Fixed Assets 0
 NCUSIF Deposit 69,631
 All Other Assets 66,612
  TOTAL ASSETS 8,942,417
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 100,428
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 275,176
 Regular shares 6,299,706
 All Other Shares & Deposits 1,253,930
  TOTAL SHARES & DEPOSITS 7,828,812
  TOTAL LIABILITIES 7,929,240
 Regular Reserve 60,000
 Other Reserves 0
 Undivided Earnings 953,177
  TOTAL EQUITY 1,013,177
  TOTAL LIABILITIES, SHARES, & EQUITY 8,942,417
INCOME & EXPENSE  
 Loan Income 116,668
 Investment Income 688
 Other Income 14,002
 Total Employee Compensation & Benefits 54,863
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 41,247
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 8,000
 Cost of Funds 11,652
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 21,181
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