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National Credit Union Service Organization

CITY PUBLIC SERVICE/IBEW FEDERAL CREDIT UNION

Jun, 30, 2023 — CITY PUBLIC SERVICE/IBEW FEDERAL CREDIT UNION is a federal credit union headquartered in SAN ANTONIO, TX with 1 branch location and about $46.47 million in total assets. Opened 84 years ago in 1940, CITY PUBLIC SERVICE/IBEW FEDERAL CREDIT UNION has about 3,906 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:3,906
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, 2021
FHLB Member:No
Low Income Designation:No
Assets:$46,471,663
CEO/Manager:Adam Conine
Chairperson:Glenn C Seleen

Call Report

  • Payday Alternative Loans (PAL Loans)
  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 2,009,161
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 421,165
 Unsecured Loans 5,896,948
 Other Loans 11,398,580
 TOTAL LOANS 17,716,693
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -47,926
 Land And Building 1,259,639
 Other Fixed Assets 188,421
 NCUSIF Deposit 405,594
 All Other Assets 0
  TOTAL ASSETS 46,471,663
LIABILITIES & CAPITAL:  
 Dividends Payable 1,504
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 434,143
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 3,908,490
 Regular shares 25,584,096
 All Other Shares & Deposits 11,639,025
  TOTAL SHARES & DEPOSITS 41,131,611
  TOTAL LIABILITIES 41,567,258
 Regular Reserve 0
 Other Reserves -1,536,059
 Undivided Earnings 6,440,464
  TOTAL EQUITY 4,904,405
  TOTAL LIABILITIES, SHARES, & EQUITY 46,471,663
INCOME & EXPENSE  
 Loan Income 909,144
 Investment Income 273,109
 Other Income 219,948
 Total Employee Compensation & Benefits 402,889
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 761,111
 Non-operating Income & (Expense) 84,971
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 27,631
 Cost of Funds 47,754
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 245,909
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