Sep, 30, 2025 — PRIMEWAY FEDERAL CREDIT UNION is a federal credit union headquartered in HOUSTON, TX with 7 branch locations and about $720.97 million in total assets. Opened 89 years ago in 1937, PRIMEWAY FEDERAL CREDIT UNION has about 48,909 members and employs 141 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | PRIMEWAY FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 12811 Northwest Fwy HOUSTON, TX 77040 |
| Phone: | (713) 799-6200 |
| Fax: | (713) 460-1654 |
| Website: | https://www.primewayfcu.com |
| Branches: | 7 branch locations |
| Members: | 48,909 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 2131 |
|---|---|
| Membership Type: | Multiple common bond - Primarily communications and utilities |
| Corporate Credit Union: | No |
| Year Opened: | 1937 |
| Last Audited: | Mar 01, 2025 |
| FHLB Member: | Yes |
| Low Income Designation: | No |
| Assets: | $720,971,263 |
| CEO/Manager: | Annette Zimmerman |
| Chairperson: | Patti Tuma |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 26,606,494 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 314,840,160 |
| Unsecured Loans | 31,103,715 |
| Other Loans | 192,990,860 |
| TOTAL LOANS | 540,802,011 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -4,634,251 |
| Land And Building | 14,026,144 |
| Other Fixed Assets | 3,062,562 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 5,453,385 |
| All Other Assets | 222,359 |
| TOTAL ASSETS | 720,971,263 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 199,930 |
| Notes & Interest Payable | 55,000,000 |
| Accounts Payable & Other Liabilities | 15,005,533 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 28,000,000 |
| Share Drafts | 129,774,212 |
| Regular shares | 202,233,841 |
| All Other Shares & Deposits | 228,736,700 |
| TOTAL SHARES & DEPOSITS | 560,744,754 |
| TOTAL LIABILITIES | 658,950,217 |
| Regular Reserve | 0 |
| Other Reserves | -1,136,823 |
| Undivided Earnings | 63,157,869 |
| TOTAL EQUITY | 62,021,046 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 720,971,263 |
| INCOME & EXPENSE | |
| Loan Income | 22,210,180 |
| Investment Income | 6,379,735 |
| Other Income | 2,268,584 |
| Total Employee Compensation & Benefits | 11,518,690 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 12,570,207 |
| Non-operating Income & (Expense) | 8 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 1,117,167 |
| Cost of Funds | 9,235,198 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 1,095,486 |
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