Jun, 30, 2024 — IRVING CITY EMPLOYEES FEDERAL CREDIT UNION is a federal credit union headquartered in IRVING, TX with 1 branch location and about $82.30 million in total assets. Opened 63 years ago in 1961, IRVING CITY EMPLOYEES FEDERAL CREDIT UNION has about 4,899 members and employs 12 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | IRVING CITY EMPLOYEES FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 1408 W Pioneer Dr IRVING, TX 75061 |
| Phone: | (972) 259-1233 |
| Fax: | (972) 254-0849 |
| Website: | https://icefcu.com |
| Branches: | 1 branch locations |
| Members: | 4,899 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 24481 |
|---|---|
| Membership Type: | Multiple common bond - Primarily federal, state, local government |
| Corporate Credit Union: | No |
| Year Opened: | 1961 |
| Last Audited: | Dec 01, 2021 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $82,300,717 |
| CEO/Manager: | James K Ladner |
| Chairperson: | Dave Springob |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 17,014,689 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 4,483,008 |
| Unsecured Loans | 2,718,004 |
| Other Loans | 27,843,115 |
| TOTAL LOANS | 35,292,162 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -251,840 |
| Land And Building | 673,009 |
| Other Fixed Assets | 51,276 |
| NCUSIF Deposit | 727,039 |
| All Other Assets | 0 |
| TOTAL ASSETS | 82,300,717 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 479,744 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 15,252,090 |
| Regular shares | 50,267,817 |
| All Other Shares & Deposits | 8,251,228 |
| TOTAL SHARES & DEPOSITS | 73,771,135 |
| TOTAL LIABILITIES | 74,250,879 |
| Regular Reserve | 0 |
| Other Reserves | 0 |
| Undivided Earnings | 8,049,838 |
| TOTAL EQUITY | 8,049,838 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 82,300,717 |
| INCOME & EXPENSE | |
| Loan Income | 938,679 |
| Investment Income | 292,489 |
| Other Income | 139,877 |
| Total Employee Compensation & Benefits | 676,721 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 667,388 |
| Non-operating Income & (Expense) | -835 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 10,000 |
| Cost of Funds | 45,437 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 380,212 |
| ↑ Back to Top | |