Sep, 30, 2022 — TEXAS PEOPLE FEDERAL CREDIT UNION is a federal credit union headquartered in FORT WORTH, TX with 1 branch location and about $27.92 million in total assets. Opened 77 years ago in 1946, TEXAS PEOPLE FEDERAL CREDIT UNION has about 2,328 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: | https://www.fwtpfcu.org |
| Branches: | 1 branch locations |
| Members: | 2,328 |
| 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: | Aug 01, 2022 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $27,920,692 |
| CEO/Manager: | Stuart M Himmelstein |
| Chairperson: | Michelle Scott |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 1,332,512 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 3,261,934 |
| Unsecured Loans | 1,112,033 |
| Other Loans | 10,566,820 |
| TOTAL LOANS | 14,940,787 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -86,031 |
| Land And Building | 313,235 |
| Other Fixed Assets | 40,907 |
| NCUSIF Deposit | 212,037 |
| All Other Assets | 28,000 |
| TOTAL ASSETS | 27,920,692 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 89 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 272,910 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 3,081,353 |
| Regular shares | 16,834,576 |
| All Other Shares & Deposits | 3,241,051 |
| TOTAL SHARES & DEPOSITS | 23,156,980 |
| TOTAL LIABILITIES | 23,429,979 |
| Regular Reserve | 0 |
| Other Reserves | 756,085 |
| Undivided Earnings | 3,734,628 |
| TOTAL EQUITY | 4,490,713 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 27,920,692 |
| INCOME & EXPENSE | |
| Loan Income | 606,870 |
| Investment Income | 35,263 |
| Other Income | 98,215 |
| Total Employee Compensation & Benefits | 404,121 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 481,206 |
| Non-operating Income & (Expense) | 226,545 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 34,944 |
| Cost of Funds | 15,125 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 31,497 |
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