GO FEDERAL CREDIT UNION is no longer an active credit union according to the NCUA. If available, you can view their website at https://www.mygofcu.org for more information.
Dec, 31, 2023 — 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 87 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.
| 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: | https://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 |
| 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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