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National Credit Union Service Organization

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

Jun, 30, 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 $9.71 million in total assets. Opened 50 years ago in 1971, I.B.E.W. LU 66 FEDERAL CREDIT UNION has about 1,304 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:1,304
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:$9,707,189
CEO/Manager:Angela H Berry
Chairperson:Bruce G Bettilyon

Call Report

  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 2,656,337
TOTAL INVESTMENTS 947,657
Loans Held for Sale 0
 
 Real Estate Loans 0
 Unsecured Loans 727,003
 Other Loans 5,296,679
 TOTAL LOANS 6,023,682
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -60,476
 Land And Building 0
 Other Fixed Assets 0
 NCUSIF Deposit 76,795
 All Other Assets 63,194
  TOTAL ASSETS 9,707,189
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 154,448
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 274,203
 Regular shares 6,648,758
 All Other Shares & Deposits 1,592,609
  TOTAL SHARES & DEPOSITS 8,515,570
  TOTAL LIABILITIES 8,670,018
 Regular Reserve 60,000
 Other Reserves 0
 Undivided Earnings 977,171
  TOTAL EQUITY 1,037,171
  TOTAL LIABILITIES, SHARES, & EQUITY 9,707,189
INCOME & EXPENSE  
 Loan Income 233,568
 Investment Income 1,255
 Other Income 36,245
 Total Employee Compensation & Benefits 111,982
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 79,544
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 20,279
 Cost of Funds 25,526
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 45,177
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