Dec, 31, 2023 — PORT OF HOUSTON CREDIT UNION is a federally insured state chartered credit union headquartered in HOUSTON, TX with 1 branch location and about $8.70 million in total assets. Opened 68 years ago in 1956, PORT OF HOUSTON CREDIT UNION has about 855 members and employs 5 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
Name: | PORT OF HOUSTON CREDIT UNION |
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Address: (Main Office) | 111 East Loop N HOUSTON, TX 77029 |
Phone: | (713) 670-2424 |
Fax: | (713) 670-1555 |
Website: | https://www.pohcu.com |
Branches: | 1 branch locations |
Members: | 855 |
Credit Union Type: | Federally Insured State Chartered Credit Union |
Charter Number: | 60782 |
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Membership Type: | State chartered natural person |
Corporate Credit Union: | No |
Year Opened: | 1956 |
Last Audited: | Dec 01, 2022 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $8,695,539 |
CEO/Manager: | Karol Harvey |
Chairperson: | Alton Landry |
ASSETS: | $ Amount |
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Cash & Equivalents | 1,510,017 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 0 |
Real Estate Loans | 0 |
Unsecured Loans | 839,734 |
Other Loans | 4,703,377 |
TOTAL LOANS | 5,543,111 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -50,000 |
Land And Building | 0 |
Other Fixed Assets | 9,984 |
NCUSIF Deposit | 63,857 |
All Other Assets | 0 |
TOTAL ASSETS | 8,695,539 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 8,507 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 37,197 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 558,084 |
Regular shares | 4,419,942 |
All Other Shares & Deposits | 1,414,898 |
TOTAL SHARES & DEPOSITS | 6,392,924 |
TOTAL LIABILITIES | 6,438,628 |
Regular Reserve | 0 |
Other Reserves | 0 |
Undivided Earnings | 2,256,911 |
TOTAL EQUITY | 2,256,911 |
TOTAL LIABILITIES, SHARES, & EQUITY | 8,695,539 |
INCOME & EXPENSE | |
Loan Income | 398,374 |
Investment Income | 113,564 |
Other Income | 51,216 |
Total Employee Compensation & Benefits | 271,874 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 131,013 |
Non-operating Income & (Expense) | 0 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 43,467 |
Cost of Funds | 35,572 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | 96,363 |
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