Jun, 30, 2024 — 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 85 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 |
| 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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