Sep, 30, 2025 — COBURN CREDIT UNION is a federally insured state chartered credit union headquartered in BEAUMONT, TX with 1 branch location and about $5.95 million in total assets. Opened 74 years ago in 1952, COBURN CREDIT UNION has about 941 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | COBURN CREDIT UNION |
|---|---|
| Address: (Main Office) | 350 Pine St Ste 850 BEAUMONT, TX 77701-2435 |
| Phone: | (409) 838-9957 |
| Fax: | (409) 838-1507 |
| Website: | https://www.coburncu.com |
| Branches: | 1 branch locations |
| Members: | 941 |
| Credit Union Type: | Federally Insured State Chartered Credit Union |
| Charter Number: | 60409 |
|---|---|
| Membership Type: | State chartered natural person |
| Corporate Credit Union: | No |
| Year Opened: | 1952 |
| Last Audited: | Dec 01, 2024 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $5,945,983 |
| CEO/Manager: | Cassandra Laws |
| Chairperson: | Quang Tran |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 1,261,751 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 0 |
| Unsecured Loans | 333,788 |
| Other Loans | 2,463,331 |
| TOTAL LOANS | 2,797,122 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -17,485 |
| Land And Building | 0 |
| Other Fixed Assets | 3 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 42,601 |
| All Other Assets | 0 |
| TOTAL ASSETS | 5,945,983 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 25,525 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 11,766 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 0 |
| Regular shares | 4,409,958 |
| All Other Shares & Deposits | 0 |
| TOTAL SHARES & DEPOSITS | 4,409,959 |
| TOTAL LIABILITIES | 4,447,250 |
| Regular Reserve | 0 |
| Other Reserves | 95,908 |
| Undivided Earnings | 1,402,825 |
| TOTAL EQUITY | 1,498,733 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 5,945,983 |
| INCOME & EXPENSE | |
| Loan Income | 134,936 |
| Investment Income | 45,525 |
| Other Income | 3,097 |
| Total Employee Compensation & Benefits | 52,902 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 45,311 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 11,835 |
| Cost of Funds | 74,481 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | -971 |
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