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SELECT FEDERAL CREDIT UNION

Mar, 31, 2022 — SELECT FEDERAL CREDIT UNION is a federal credit union headquartered in SAN ANTONIO, TX with 2 branch locations and about $56.86 million in total assets. Opened 83 years ago in 1939, SELECT FEDERAL CREDIT UNION has about 6,577 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.


ABA Routing Number: 314088666
Name:SELECT FEDERAL CREDIT UNION
Address:
(Main Office)
1914 N INTERSTATE 35
SAN ANTONIO, TX 78208
Phone:(210) 223-6561
Fax:(210) 227-8125
Website:http://www.selectfcu.org
Branches:2 branch locations
Members:6,577
Credit Union Type:Federal Credit Union
Charter Number:3064
Membership Type:Multiple common bond - Primarily transportation
Corporate Credit Union:No
Year Opened:1939
Last Audited:Aug 01, 2021
FHLB Member:No
Low Income Designation:No
Assets:$56,857,453
CEO/Manager:TAMMIE L ZACHARIE
Chairperson:Pat Jasso

Call Report

  • Credit Builder
  • Payday Alternative Loans (PAL Loans)
  • International Remittances
  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 10,033,534
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 4,489,857
 Unsecured Loans 4,398,421
 Other Loans 26,984,580
 TOTAL LOANS 40,772,909
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -383,953
 Land And Building 3,115,020
 Other Fixed Assets 178,496
 NCUSIF Deposit 461,902
 All Other Assets 0
  TOTAL ASSETS 56,857,453
LIABILITIES & CAPITAL:  
 Dividends Payable 9,654
 Notes & Interest Payable 500,000
 Accounts Payable & Other Liabilities 295,952
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 6,703,229
 Regular shares 19,160,129
 All Other Shares & Deposits 20,412,216
  TOTAL SHARES & DEPOSITS 46,275,574
  TOTAL LIABILITIES 47,081,180
 Regular Reserve 0
 Other Reserves 0
 Undivided Earnings 9,776,273
  TOTAL EQUITY 9,776,273
  TOTAL LIABILITIES, SHARES, & EQUITY 56,857,453
INCOME & EXPENSE  
 Loan Income 689,035
 Investment Income 3,282
 Other Income 75,636
 Total Employee Compensation & Benefits 220,095
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 317,128
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 0
 Cost of Funds 79,702
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 249,840
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