Dec, 31, 2021 — CITY PUBLIC SERVICE/IBEW FEDERAL CREDIT UNION is a federal credit union headquartered in SAN ANTONIO, TX with 1 branch location and about $47.50 million in total assets. Opened 82 years ago in 1940, CITY PUBLIC SERVICE/IBEW FEDERAL CREDIT UNION has about 3,803 members and employs 8 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | CITY PUBLIC SERVICE/IBEW FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 1002 Camden ST SAN ANTONIO, TX 78215-1452 |
| Phone: | (210) 353-2376 |
| Fax: | (210) 353-3024 |
| Website: | http://cpsibewfcu.org |
| Branches: | 1 branch locations |
| Members: | 3,803 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 3710 |
|---|---|
| Membership Type: | Service - Communications and Utilities |
| Corporate Credit Union: | No |
| Year Opened: | 1940 |
| Last Audited: | Dec 01, 2020 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $47,498,920 |
| CEO/Manager: | Adam Conine |
| Chairperson: | Glenn C Seleen |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 3,284,443 |
| TOTAL INVESTMENTS | 26,578,346 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 475,967 |
| Unsecured Loans | 5,527,038 |
| Other Loans | 9,686,751 |
| TOTAL LOANS | 15,689,756 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -55,480 |
| Land And Building | 1,297,293 |
| Other Fixed Assets | 210,014 |
| NCUSIF Deposit | 386,564 |
| All Other Assets | 107,984 |
| TOTAL ASSETS | 47,498,920 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 1,493 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 102,803 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 4,115,187 |
| Regular shares | 24,865,754 |
| All Other Shares & Deposits | 11,631,682 |
| TOTAL SHARES & DEPOSITS | 40,612,623 |
| TOTAL LIABILITIES | 40,716,919 |
| Regular Reserve | 704,598 |
| Other Reserves | -117,151 |
| Undivided Earnings | 6,194,554 |
| TOTAL EQUITY | 6,782,001 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 47,498,920 |
| INCOME & EXPENSE | |
| Loan Income | 1,222,586 |
| Investment Income | 267,014 |
| Other Income | 277,066 |
| Total Employee Compensation & Benefits | 521,830 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 962,859 |
| Non-operating Income & (Expense) | 268,102 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 67,396 |
| Cost of Funds | 82,142 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 400,541 |
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