Dec, 31, 2021 — TEXAS PEOPLE FEDERAL CREDIT UNION is a federal credit union headquartered in FORT WORTH, TX with 1 branch location and about $27.51 million in total assets. Opened 76 years ago in 1946, TEXAS PEOPLE FEDERAL CREDIT UNION has about 2,436 members and employs 11 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 |
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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: | 2,436 |
Credit Union Type: | Federal Credit Union |
Charter Number: | 5337 |
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Membership Type: | Multiple common bond - Primarily transportation |
Corporate Credit Union: | No |
Year Opened: | 1946 |
Last Audited: | Oct 01, 2021 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $27,514,441 |
CEO/Manager: | Stuart M Himmelstein |
Chairperson: | Michelle Scott |
ASSETS: | $ Amount |
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Cash & Equivalents | 1,601,181 |
TOTAL INVESTMENTS | 12,228,668 |
Loans Held for Sale | 0 |
Real Estate Loans | 1,510,042 |
Unsecured Loans | 1,133,660 |
Other Loans | 10,450,239 |
TOTAL LOANS | 13,093,941 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -83,005 |
Land And Building | 301,411 |
Other Fixed Assets | 52,594 |
NCUSIF Deposit | 199,378 |
All Other Assets | 120,273 |
TOTAL ASSETS | 27,514,441 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 130 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 218,254 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 2,809,879 |
Regular shares | 16,083,667 |
All Other Shares & Deposits | 3,943,295 |
TOTAL SHARES & DEPOSITS | 22,836,841 |
TOTAL LIABILITIES | 23,055,225 |
Regular Reserve | 756,085 |
Other Reserves | 0 |
Undivided Earnings | 3,703,131 |
TOTAL EQUITY | 4,459,216 |
TOTAL LIABILITIES, SHARES, & EQUITY | 27,514,441 |
INCOME & EXPENSE | |
Loan Income | 771,111 |
Investment Income | 33,898 |
Other Income | 131,453 |
Total Employee Compensation & Benefits | 534,147 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 580,009 |
Non-operating Income & (Expense) | -65,000 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 48,706 |
Cost of Funds | 39,203 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | -130,624 |
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