BRAZOSPORT TEACHERS FEDERAL CREDIT UNION is no longer an active credit union according to the NCUA. If available, you can view their website at https://btfcu.net for more information.
Dec, 31, 2023 — BRAZOSPORT TEACHERS FEDERAL CREDIT UNION is a federal credit union headquartered in Clute, TX with 1 branch location and about $47.09 million in total assets. Opened 77 years ago in 1947, BRAZOSPORT TEACHERS FEDERAL CREDIT UNION has about 3,689 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: | BRAZOSPORT TEACHERS FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 216 Lakeview Dr. Clute, TX 77531-4454 |
| Phone: | (979) 265-5333 |
| Fax: | (979) 265-4328 |
| Website: | https://btfcu.net |
| Branches: | 1 branch locations |
| Members: | 3,689 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 5462 |
|---|---|
| Membership Type: | Community credit unions, urban or rural, other than those designated 'low income' |
| Corporate Credit Union: | No |
| Year Opened: | 1947 |
| Last Audited: | Oct 01, 2021 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $47,090,367 |
| CEO/Manager: | Donna Butterfras |
| Chairperson: | David Bacica |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 7,762,876 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 2,093,696 |
| Unsecured Loans | 3,935,752 |
| Other Loans | 13,745,626 |
| TOTAL LOANS | 19,775,074 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -55,757 |
| Land And Building | 2 |
| Other Fixed Assets | 247,279 |
| NCUSIF Deposit | 329,606 |
| All Other Assets | 0 |
| TOTAL ASSETS | 47,090,367 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 242,826 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 5,661,558 |
| Regular shares | 26,274,011 |
| All Other Shares & Deposits | 6,442,767 |
| TOTAL SHARES & DEPOSITS | 38,378,336 |
| TOTAL LIABILITIES | 38,621,162 |
| Regular Reserve | 0 |
| Other Reserves | 733,732 |
| Undivided Earnings | 7,735,473 |
| TOTAL EQUITY | 8,469,205 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 47,090,367 |
| INCOME & EXPENSE | |
| Loan Income | 273,076 |
| Investment Income | 35,963 |
| Other Income | 141,566 |
| Total Employee Compensation & Benefits | 171,642 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 218,413 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 15,000 |
| Cost of Funds | 23,383 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 137,548 |
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