Sep, 30, 2025 — BP FEDERAL CREDIT UNION is a federal credit union headquartered in HOUSTON, TX with 4 branch locations and about $123.04 million in total assets. Opened 89 years ago in 1937, BP FEDERAL CREDIT UNION has about 6,499 members and employs 21 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | BP FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 13501 Katy Fwy Ste 1150 HOUSTON, TX 77079-1319 |
| Phone: | (281) 870-8000 |
| Fax: | |
| Website: | https://www.bpfcu.org |
| Branches: | 4 branch locations |
| Members: | 6,499 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 24445 |
|---|---|
| Membership Type: | Multiple common bond - Primarily petroleum refining |
| Corporate Credit Union: | No |
| Year Opened: | 1937 |
| Last Audited: | Sep 01, 2024 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $123,044,730 |
| CEO/Manager: | Robert Corolla |
| Chairperson: | Janiece Andrus |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 6,933,632 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 90,064,952 |
| Unsecured Loans | 5,281,299 |
| Other Loans | 14,412,998 |
| TOTAL LOANS | 111,509,090 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -71,909 |
| Land And Building | 0 |
| Other Fixed Assets | 538,571 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 995,135 |
| All Other Assets | 0 |
| TOTAL ASSETS | 123,044,730 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 1,766 |
| Notes & Interest Payable | 332,421 |
| Accounts Payable & Other Liabilities | 248,688 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 33,712,215 |
| Regular shares | 26,382,127 |
| All Other Shares & Deposits | 45,308,988 |
| TOTAL SHARES & DEPOSITS | 105,403,330 |
| TOTAL LIABILITIES | 105,986,205 |
| Regular Reserve | 0 |
| Other Reserves | 741,831 |
| Undivided Earnings | 16,316,694 |
| TOTAL EQUITY | 17,058,525 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 123,044,730 |
| INCOME & EXPENSE | |
| Loan Income | 4,110,074 |
| Investment Income | 86,887 |
| Other Income | 93,858 |
| Total Employee Compensation & Benefits | 1,674,899 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 1,516,923 |
| Non-operating Income & (Expense) | -16 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 211,778 |
| Cost of Funds | 1,365,404 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | -139,666 |
| ↑ Back to Top | |