Credit Unions Near Me
National Credit Union Service Organization

CITY FEDERAL CREDIT UNION

Dec, 31, 2021 — CITY FEDERAL CREDIT UNION is a federal credit union headquartered in AMARILLO, TX with 2 branch locations and about $60.61 million in total assets. Opened 74 years ago in 1948, CITY FEDERAL CREDIT UNION has about 3,124 members and employs 12 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:CITY FEDERAL CREDIT UNION
Address:
(Main Office)
901 S LINCOLN ST
AMARILLO, TX 79101-3637
Phone:(806) 373-4313
Fax:(806) 373-9120
Website:http://cityfederalcu.com
Branches:2 branch locations
Members:3,124
Credit Union Type:Federal Credit Union
Charter Number:5665
Membership Type:Multiple common bond - Primarily federal, state, local government
Corporate Credit Union:No
Year Opened:1948
Last Audited:Sep 01, 2021
FHLB Member:No
Low Income Designation:No
Assets:$60,606,060
CEO/Manager:Frank A Frazzitta
Chairperson:Matthew Langford

Call Report

  • Credit Builder
  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 3,203,741
TOTAL INVESTMENTS 27,819
Loans Held for Sale 0
 
 Real Estate Loans 12,494,960
 Unsecured Loans 15,066,558
 Other Loans 24,141,731
 TOTAL LOANS 51,703,249
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -586,108
 Land And Building 3,847,587
 Other Fixed Assets 556,210
 NCUSIF Deposit 492,292
 All Other Assets 1,361,270
  TOTAL ASSETS 60,606,060
LIABILITIES & CAPITAL:  
 Dividends Payable 5,993
 Notes & Interest Payable 2,000,000
 Accounts Payable & Other Liabilities 760,794
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 6,064,927
 Regular shares 24,703,063
 All Other Shares & Deposits 22,034,353
  TOTAL SHARES & DEPOSITS 52,802,343
  TOTAL LIABILITIES 55,569,130
 Regular Reserve 640,292
 Other Reserves 0
 Undivided Earnings 4,396,638
  TOTAL EQUITY 5,036,930
  TOTAL LIABILITIES, SHARES, & EQUITY 60,606,060
INCOME & EXPENSE  
 Loan Income 2,651,786
 Investment Income 5,498
 Other Income 304,894
 Total Employee Compensation & Benefits 913,762
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 730,330
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 550,000
 Cost of Funds 441,039
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 208,772
↑ Back to Top

Other Credit Unions

INTERCORP CREDIT UNION
1100 SW 15th Ave
AMARILLO, TX 79102
BIVINS FEDERAL CREDIT UNION
9309 W CIG Rd Ste A
MASTERSON, TX 79058-2505
AMARILLO POSTAL EMPLOYEES CREDIT UNION
2400 HOBBS RD
AMARILLO, TX 79109-1506
TEXOMA FEDERAL CREDIT UNION
1 Texoma Blvd
FRITCH, TX 79036-8270
BORGER FEDERAL CREDIT UNION
1051 N Florida St
BORGER, TX 79007-3703
TEXAS PLAINS FEDERAL CREDIT UNION
804 S Madison St
AMARILLO, TX 79101-3212
HEREFORD TEXAS FEDERAL CREDIT UNION
330 Schley Ave
HEREFORD, TX 79045-5539
TEXAN SKY FEDERAL CREDIT UNION
515 S Bliss Ave
DUMAS, TX 79029
ACCESS COMMUNITY CREDIT UNION
6401 Bell St
AMARILLO, TX 79109
EDUCATION CREDIT UNION
6203 Hillside Rd
AMARILLO, TX 79109-7193