Dec, 31, 2023 — COWBOY COUNTRY FEDERAL CREDIT UNION is a federal credit union headquartered in PREMONT, TX with 1 branch location and about $17.25 million in total assets. Opened 76 years ago in 1948, COWBOY COUNTRY FEDERAL CREDIT UNION has about 2,429 members and employs 7 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | COWBOY COUNTRY FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 501 SOUTH BROADWAY PREMONT, TX 78375 |
| Phone: | (361) 348-3578 |
| Fax: | (361) 348-3662 |
| Website: | n/a |
| Branches: | 1 branch locations |
| Members: | 2,429 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 5935 |
|---|---|
| Membership Type: | Multiple common bond - Primarily educational |
| Corporate Credit Union: | No |
| Year Opened: | 1948 |
| Last Audited: | Dec 01, 2022 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $17,248,560 |
| CEO/Manager: | Rena Smith |
| Chairperson: | PETE BARRERA |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 1,103,881 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 0 |
| Unsecured Loans | 556,364 |
| Other Loans | 14,640,077 |
| TOTAL LOANS | 15,196,440 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -293,809 |
| Land And Building | 213,975 |
| Other Fixed Assets | 44,445 |
| NCUSIF Deposit | 135,330 |
| All Other Assets | 0 |
| TOTAL ASSETS | 17,248,560 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 471,806 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 2,673,877 |
| Regular shares | 8,033,494 |
| All Other Shares & Deposits | 3,356,443 |
| TOTAL SHARES & DEPOSITS | 14,063,814 |
| TOTAL LIABILITIES | 14,535,620 |
| Regular Reserve | 0 |
| Other Reserves | 2 |
| Undivided Earnings | 2,712,938 |
| TOTAL EQUITY | 2,712,940 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 17,248,560 |
| INCOME & EXPENSE | |
| Loan Income | 922,220 |
| Investment Income | 31,028 |
| Other Income | 204,822 |
| Total Employee Compensation & Benefits | 409,308 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 290,240 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 122,000 |
| Cost of Funds | 164,487 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 241,826 |
| ↑ Back to Top | |