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

Mar, 31, 2022 — I.B.E.W. LU 66 FEDERAL CREDIT UNION is a federal credit union headquartered in PASADENA, TX with 1 branch location and about $9.99 million in total assets. Opened 51 years ago in 1971, I.B.E.W. LU 66 FEDERAL CREDIT UNION has about 1,399 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:1,399
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, 2021
FHLB Member:No
Low Income Designation:No
Assets:$9,991,235
CEO/Manager:Angela H Berry
Chairperson:Bruce G Bettilyon

Call Report

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Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 3,141,611
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 0
 Unsecured Loans 816,125
 Other Loans 4,625,284
 TOTAL LOANS 5,441,409
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -66,412
 Land And Building 0
 Other Fixed Assets 0
 NCUSIF Deposit 76,795
 All Other Assets 0
  TOTAL ASSETS 9,991,235
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 253,010
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 339,295
 Regular shares 6,785,597
 All Other Shares & Deposits 1,516,384
  TOTAL SHARES & DEPOSITS 8,641,276
  TOTAL LIABILITIES 8,894,286
 Regular Reserve 0
 Other Reserves 60,000
 Undivided Earnings 1,036,949
  TOTAL EQUITY 1,096,949
  TOTAL LIABILITIES, SHARES, & EQUITY 9,991,235
INCOME & EXPENSE  
 Loan Income 108,913
 Investment Income 3,050
 Other Income 14,614
 Total Employee Compensation & Benefits 52,706
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 54,118
 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 9,122
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 34,432
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