Dec, 31, 2023 — CITY PUBLIC SERVICE/IBEW FEDERAL CREDIT UNION is a federal credit union headquartered in SAN ANTONIO, TX with 1 branch location and about $46.29 million in total assets. Opened 84 years ago in 1940, CITY PUBLIC SERVICE/IBEW FEDERAL CREDIT UNION has about 3,867 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: | https://cpsibewfcu.org |
| Branches: | 1 branch locations |
| Members: | 3,867 |
| 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, 2022 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $46,294,940 |
| CEO/Manager: | Adam Conine |
| Chairperson: | Glenn C Seleen |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 1,504,125 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 358,948 |
| Unsecured Loans | 6,928,056 |
| Other Loans | 13,762,271 |
| TOTAL LOANS | 21,049,275 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -103,856 |
| Land And Building | 1,196,881 |
| Other Fixed Assets | 199,265 |
| NCUSIF Deposit | 405,594 |
| All Other Assets | 2,500 |
| TOTAL ASSETS | 46,294,940 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 15,132 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 195,215 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 4,102,714 |
| Regular shares | 23,852,184 |
| All Other Shares & Deposits | 12,441,916 |
| TOTAL SHARES & DEPOSITS | 40,396,813 |
| TOTAL LIABILITIES | 40,607,160 |
| Regular Reserve | 0 |
| Other Reserves | -1,278,971 |
| Undivided Earnings | 6,966,751 |
| TOTAL EQUITY | 5,687,780 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 46,294,940 |
| INCOME & EXPENSE | |
| Loan Income | 1,527,484 |
| Investment Income | 427,658 |
| Other Income | 292,556 |
| Total Employee Compensation & Benefits | 568,423 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 1,121,725 |
| Non-operating Income & (Expense) | 282,270 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 44,124 |
| Cost of Funds | 322,816 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 462,001 |
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