Dec, 31, 2021 — TEXOMA FEDERAL CREDIT UNION is a federal credit union headquartered in FRITCH, TX with 1 branch location and about $10.07 million in total assets. Opened 81 years ago in 1941, TEXOMA FEDERAL CREDIT UNION has about 909 members and employs 5 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
Name: | TEXOMA FEDERAL CREDIT UNION |
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Address: (Main Office) | 1 Texoma Blvd FRITCH, TX 79036-8270 |
Phone: | (806) 857-3319 |
Fax: | (806) 857-3324 |
Website: | http://www.texomafcu.com |
Branches: | 1 branch locations |
Members: | 909 |
Credit Union Type: | Federal Credit Union |
Charter Number: | 4292 |
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Membership Type: | Manufacturing - Chemicals |
Corporate Credit Union: | No |
Year Opened: | 1941 |
Last Audited: | Dec 01, 2021 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $10,074,250 |
CEO/Manager: | Jane Bryan |
Chairperson: | Arvin Cowan |
ASSETS: | $ Amount |
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Cash & Equivalents | 685,732 |
TOTAL INVESTMENTS | 4,592,929 |
Loans Held for Sale | 0 |
Real Estate Loans | 0 |
Unsecured Loans | 244,959 |
Other Loans | 4,515,961 |
TOTAL LOANS | 4,760,920 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -81,560 |
Land And Building | 9,193 |
Other Fixed Assets | 7,190 |
NCUSIF Deposit | 78,464 |
All Other Assets | 21,382 |
TOTAL ASSETS | 10,074,250 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 4,293 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 15,496 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 0 |
Regular shares | 5,400,362 |
All Other Shares & Deposits | 2,127,973 |
TOTAL SHARES & DEPOSITS | 7,528,335 |
TOTAL LIABILITIES | 7,548,124 |
Regular Reserve | 328,791 |
Other Reserves | 34,806 |
Undivided Earnings | 2,162,529 |
TOTAL EQUITY | 2,526,126 |
TOTAL LIABILITIES, SHARES, & EQUITY | 10,074,250 |
INCOME & EXPENSE | |
Loan Income | 244,568 |
Investment Income | 18,016 |
Other Income | 110 |
Total Employee Compensation & Benefits | 218,924 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 107,221 |
Non-operating Income & (Expense) | 0 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 20,777 |
Cost of Funds | 19,162 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | -40,067 |
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