Dec, 31, 2020 — TEXAS ASSOCIATIONS OF PROFESSIONALS FEDERAL CREDIT UNION is a federal credit union headquartered in San Antonio, TX with 1 branch location and about $41.47 million in total assets. Opened 43 years ago in 1978, TEXAS ASSOCIATIONS OF PROFESSIONALS FEDERAL CREDIT UNION has about 1,826 members and employs 17 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | TEXAS ASSOCIATIONS OF PROFESSIONALS FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 9110 W Interstate 10 Ste 100 San Antonio, TX 78230-3121 |
| Phone: | (210) 593-3710 |
| Fax: | (210) 593-1222 |
| Website: | http://www.tapfcu.coop |
| Branches: | 1 branch locations |
| Members: | 1,826 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 23184 |
|---|---|
| Membership Type: | Multiple common bond - other |
| Corporate Credit Union: | No |
| Year Opened: | 1978 |
| Last Audited: | Mar 01, 2020 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $41,466,069 |
| CEO/Manager: | Paula W Grigsby |
| Chairperson: | Robert Gardner |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 4,409,611 |
| TOTAL INVESTMENTS | 774,928 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 33,119,617 |
| Unsecured Loans | 774,809 |
| Other Loans | 1,878,936 |
| TOTAL LOANS | 35,804,918 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -233,545 |
| Land And Building | 0 |
| Other Fixed Assets | 157,223 |
| NCUSIF Deposit | 309,768 |
| All Other Assets | 243,166 |
| TOTAL ASSETS | 41,466,069 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 384,327 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 4,136,994 |
| Regular shares | 12,202,294 |
| All Other Shares & Deposits | 20,737,726 |
| TOTAL SHARES & DEPOSITS | 37,077,014 |
| TOTAL LIABILITIES | 37,461,341 |
| Regular Reserve | 957,808 |
| Other Reserves | 0 |
| Undivided Earnings | 3,046,920 |
| TOTAL EQUITY | 4,004,728 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 41,466,069 |
| INCOME & EXPENSE | |
| Loan Income | 2,046,651 |
| Investment Income | 21,221 |
| Other Income | 785,139 |
| Total Employee Compensation & Benefits | 1,209,996 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 795,783 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 10,000 |
| Cost of Funds | 579,439 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 257,793 |
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