Jun, 30, 2024 — MET TRAN FEDERAL CREDIT UNION is a federal credit union headquartered in HOUSTON, TX with 1 branch location and about $11.23 million in total assets. Opened 37 years ago in 1987, MET TRAN FEDERAL CREDIT UNION has about 2,415 members and employs 4 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | MET TRAN FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 1900 Main St HOUSTON, TX 77002-8130 |
| Phone: | (713) 861-4780 |
| Fax: | (713) 861-6467 |
| Website: | https://www.mettranfcu.org |
| Branches: | 1 branch locations |
| Members: | 2,415 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 24324 |
|---|---|
| Membership Type: | Service - Transportation |
| Corporate Credit Union: | No |
| Year Opened: | 1987 |
| Last Audited: | Jul 01, 2022 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $11,234,357 |
| CEO/Manager: | Briseyda Chavira |
| Chairperson: | Robert Richards |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 2,644,386 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 0 |
| Unsecured Loans | 1,289,535 |
| Other Loans | 3,192,562 |
| TOTAL LOANS | 4,482,097 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -67,432 |
| Land And Building | 0 |
| Other Fixed Assets | 128,605 |
| NCUSIF Deposit | 89,329 |
| All Other Assets | 0 |
| TOTAL ASSETS | 11,234,357 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 207,228 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 1,047,321 |
| Regular shares | 6,775,395 |
| All Other Shares & Deposits | 1,640,281 |
| TOTAL SHARES & DEPOSITS | 9,462,997 |
| TOTAL LIABILITIES | 9,670,225 |
| Regular Reserve | 0 |
| Other Reserves | 0 |
| Undivided Earnings | 1,564,132 |
| TOTAL EQUITY | 1,564,132 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 11,234,357 |
| INCOME & EXPENSE | |
| Loan Income | 212,376 |
| Investment Income | 22,713 |
| Other Income | 110,199 |
| Total Employee Compensation & Benefits | 186,790 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 212,497 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | -3,787 |
| Cost of Funds | 35,378 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 25,889 |
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