Mar, 31, 2021 — TEXAS PEOPLE FEDERAL CREDIT UNION is a federal credit union headquartered in Fort Worth, TX with 1 branch location and about $27.31 million in total assets. Opened 75 years ago in 1946, TEXAS PEOPLE FEDERAL CREDIT UNION has about 2,480 members and employs 10 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | TEXAS PEOPLE FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 4613 Wellesley Ave Fort Worth, TX 76107 |
| Phone: | (817) 731-2756 |
| Fax: | (817) 737-6507 |
| Website: | http://www.fwtpfcu.org |
| Branches: | 1 branch locations |
| Members: | 2,480 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 5337 |
|---|---|
| Membership Type: | Multiple common bond - Primarily transportation |
| Corporate Credit Union: | No |
| Year Opened: | 1946 |
| Last Audited: | Oct 01, 2020 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $27,309,758 |
| CEO/Manager: | Stuart M Himmelstein |
| Chairperson: | Michelle Scott |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 3,740,924 |
| TOTAL INVESTMENTS | 10,484,668 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 739,005 |
| Unsecured Loans | 1,126,710 |
| Other Loans | 10,658,858 |
| TOTAL LOANS | 12,524,573 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -60,822 |
| Land And Building | 300,127 |
| Other Fixed Assets | 37,751 |
| NCUSIF Deposit | 184,003 |
| All Other Assets | 98,534 |
| TOTAL ASSETS | 27,309,758 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 239 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 101,151 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 3,045,966 |
| Regular shares | 15,425,204 |
| All Other Shares & Deposits | 4,169,850 |
| TOTAL SHARES & DEPOSITS | 22,641,020 |
| TOTAL LIABILITIES | 22,742,410 |
| Regular Reserve | 756,085 |
| Other Reserves | 0 |
| Undivided Earnings | 3,811,263 |
| TOTAL EQUITY | 4,567,348 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 27,309,758 |
| INCOME & EXPENSE | |
| Loan Income | 192,571 |
| Investment Income | 10,282 |
| Other Income | 30,054 |
| Total Employee Compensation & Benefits | 123,610 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 145,541 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | -4,458 |
| Cost of Funds | 10,843 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | -26,597 |
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