Dec, 31, 2023 — SAN ANGELO FEDERAL CREDIT UNION is a federal credit union headquartered in SAN ANGELO, TX with 1 branch location and about $35.95 million in total assets. Opened 85 years ago in 1939, SAN ANGELO FEDERAL CREDIT UNION has about 3,988 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: | SAN ANGELO FEDERAL CREDIT UNION |
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Address: (Main Office) | 235 W 1ST ST SAN ANGELO, TX 76903-5704 |
Phone: | (325) 653-8320 |
Fax: | (325) 653-8658 |
Website: | https://www.safcu.com |
Branches: | 1 branch locations |
Members: | 3,988 |
Credit Union Type: | Federal Credit Union |
Charter Number: | 3080 |
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Membership Type: | Multiple common bond - Primarily federal, state, local government |
Corporate Credit Union: | No |
Year Opened: | 1939 |
Last Audited: | Mar 01, 2023 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $35,949,600 |
CEO/Manager: | LAURA WHISENHUNT |
Chairperson: | Brandon Sanders |
ASSETS: | $ Amount |
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Cash & Equivalents | 5,368,841 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 0 |
Real Estate Loans | 776,543 |
Unsecured Loans | 1,608,587 |
Other Loans | 20,534,701 |
TOTAL LOANS | 22,919,831 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -43,611 |
Land And Building | 229,643 |
Other Fixed Assets | 31,136 |
NCUSIF Deposit | 329,354 |
All Other Assets | 19,695 |
TOTAL ASSETS | 35,949,600 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 15 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 211,882 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 7,878,755 |
Regular shares | 18,106,094 |
All Other Shares & Deposits | 6,123,504 |
TOTAL SHARES & DEPOSITS | 32,108,356 |
TOTAL LIABILITIES | 32,320,253 |
Regular Reserve | 0 |
Other Reserves | -42,293 |
Undivided Earnings | 3,671,640 |
TOTAL EQUITY | 3,629,347 |
TOTAL LIABILITIES, SHARES, & EQUITY | 35,949,600 |
INCOME & EXPENSE | |
Loan Income | 1,148,652 |
Investment Income | 338,302 |
Other Income | 369,654 |
Total Employee Compensation & Benefits | 691,656 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 543,384 |
Non-operating Income & (Expense) | 9,260 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 916 |
Cost of Funds | 102,881 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | 579,545 |
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