Jun, 30, 2024 — SELECT FEDERAL CREDIT UNION is a federal credit union headquartered in SAN ANTONIO, TX with 1 branch location and about $55.09 million in total assets. Opened 86 years ago in 1939, SELECT FEDERAL CREDIT UNION has about 6,394 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: | SELECT FEDERAL CREDIT UNION |
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Address: (Main Office) | 1914 N INTERSTATE 35 SAN ANTONIO, TX 78208 |
Phone: | (210) 223-6561 |
Fax: | (210) 227-8125 |
Website: | https://www.selectfcu.org |
Branches: | 1 branch locations |
Members: | 6,394 |
Credit Union Type: | Federal Credit Union |
Charter Number: | 3064 |
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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: | $55,093,970 |
CEO/Manager: | TAMMIE L ZACHARIE |
Chairperson: | Pat Jasso |
ASSETS: | $ Amount |
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Cash & Equivalents | 5,564,060 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 0 |
Real Estate Loans | 4,414,188 |
Unsecured Loans | 4,799,344 |
Other Loans | 29,200,421 |
TOTAL LOANS | 43,522,362 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -370,524 |
Land And Building | 3,087,870 |
Other Fixed Assets | 149,900 |
NCUSIF Deposit | 452,884 |
All Other Assets | 0 |
TOTAL ASSETS | 55,093,970 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 8,880 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 358,226 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 6,593,747 |
Regular shares | 19,733,278 |
All Other Shares & Deposits | 18,230,389 |
TOTAL SHARES & DEPOSITS | 44,557,414 |
TOTAL LIABILITIES | 44,924,520 |
Regular Reserve | 0 |
Other Reserves | 0 |
Undivided Earnings | 10,169,450 |
TOTAL EQUITY | 10,169,450 |
TOTAL LIABILITIES, SHARES, & EQUITY | 55,093,970 |
INCOME & EXPENSE | |
Loan Income | 2,087,456 |
Investment Income | 64,102 |
Other Income | 261,057 |
Total Employee Compensation & Benefits | 721,138 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 974,879 |
Non-operating Income & (Expense) | 0 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 71,449 |
Cost of Funds | 234,682 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | 643,016 |
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