Dec, 31, 2023 — ALCON EMPLOYEES FEDERAL CREDIT UNION is a federal credit union headquartered in FORT WORTH, TX with 1 branch location and about $30.29 million in total assets. Opened 52 years ago in 1972, ALCON EMPLOYEES FEDERAL CREDIT UNION has about 2,861 members and employs 7 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | ALCON EMPLOYEES FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 6201 South Fwy FORT WORTH, TX 76134 |
| Phone: | (817) 551-8495 |
| Fax: | (817) 568-7066 |
| Website: | https://www.alconefcu.org |
| Branches: | 1 branch locations |
| Members: | 2,861 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 20990 |
|---|---|
| Membership Type: | Manufacturing - All Other |
| Corporate Credit Union: | No |
| Year Opened: | 1972 |
| Last Audited: | Jun 01, 2023 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $30,285,740 |
| CEO/Manager: | Kiki Shollar |
| Chairperson: | Nick Murray |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 1,498,141 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 9,688,137 |
| Unsecured Loans | 1,034,367 |
| Other Loans | 14,204,755 |
| TOTAL LOANS | 24,927,259 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -43,721 |
| Land And Building | 0 |
| Other Fixed Assets | 150,660 |
| NCUSIF Deposit | 227,160 |
| All Other Assets | 0 |
| TOTAL ASSETS | 30,285,740 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 18,085 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 3,619,021 |
| Regular shares | 10,907,303 |
| All Other Shares & Deposits | 9,305,177 |
| TOTAL SHARES & DEPOSITS | 23,831,501 |
| TOTAL LIABILITIES | 23,849,586 |
| Regular Reserve | 0 |
| Other Reserves | 349,247 |
| Undivided Earnings | 6,086,907 |
| TOTAL EQUITY | 6,436,154 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 30,285,740 |
| INCOME & EXPENSE | |
| Loan Income | 1,096,637 |
| Investment Income | 95,524 |
| Other Income | 176,926 |
| Total Employee Compensation & Benefits | 580,529 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 556,331 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 17,340 |
| Cost of Funds | 238,231 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | -23,344 |
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