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GO FEDERAL CREDIT UNION

Mar, 31, 2021 — GO FEDERAL CREDIT UNION is a federal credit union headquartered in Dallas, TX with 2 branch locations and about $143.51 million in total assets. Opened 84 years ago in 1937, GO FEDERAL CREDIT UNION has about 14,685 members and employs 49 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: 311079319
Name:GO FEDERAL CREDIT UNION
Address:
(Main Office)
10501 N Central Expy Ste 300
Dallas, TX 75231-2219
Phone:(214) 742-6551
Fax:(214) 658-7055
Website:http://www.mygofcu.org
Branches:2 branch locations
Members:14,685
Credit Union Type:Federal Credit Union
Charter Number:2073
Membership Type:Community credit unions, urban or rural, other than those designated 'low income'
Corporate Credit Union:No
Year Opened:1937
Last Audited:Dec 01, 2019
FHLB Member:Yes
Low Income Designation:No
Assets:$143,512,724
CEO/Manager:BERT BEAL
Chairperson:Raul Mercado

Call Report

  • Direct Financing Leases
  • Indirect Consumer Loans
  • Indirect Mortgage Loans
  • Overdraft Lines of Credit
  • Overdraft Protection
  • Real Estate Loans
  • Risk Based Loans
  • Share Secured Credit Cards
  • ATM/Debit Card Program
  • Commercial Share Accounts
  • Check Cashing
  • Health Savings Accounts
  • Insurance/Investment Sales
  • International Remittances
  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 33,415,532
TOTAL INVESTMENTS 4,976,792
Loans Held for Sale 0
 
 Real Estate Loans 28,146,296
 Unsecured Loans 6,006,825
 Other Loans 62,753,924
 TOTAL LOANS 96,907,045
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -506,982
 Land And Building 5,069,639
 Other Fixed Assets 671,166
 NCUSIF Deposit 1,131,354
 All Other Assets 1,848,178
  TOTAL ASSETS 143,512,724
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 2,190,940
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 40,264,596
 Regular shares 56,913,298
 All Other Shares & Deposits 33,474,932
  TOTAL SHARES & DEPOSITS 130,652,826
  TOTAL LIABILITIES 132,843,766
 Regular Reserve 4,060,788
 Other Reserves 556
 Undivided Earnings 6,607,614
  TOTAL EQUITY 10,668,958
  TOTAL LIABILITIES, SHARES, & EQUITY 143,512,724
INCOME & EXPENSE  
 Loan Income 3,630,930
 Investment Income 91,082
 Other Income 2,082,006
 Total Employee Compensation & Benefits 3,096,576
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 1,924,515
 Non-operating Income & (Expense) 24,747
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 391,595
 Cost of Funds 305,695
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 110,384
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