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TEXAS BRIDGE CREDIT UNION

Mar, 31, 2022 — TEXAS BRIDGE CREDIT UNION is a federally insured state chartered credit union headquartered in CORPUS CHRISTI, TX with 2 branch locations and about $79.57 million in total assets. Opened 71 years ago in 1951, TEXAS BRIDGE CREDIT UNION has about 6,809 members and employs 20 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


ABA Routing Number: 314978404
Name:TEXAS BRIDGE CREDIT UNION
Address:
(Main Office)
3131 HOLLY RD
CORPUS CHRISTI, TX 78415
Phone:(361) 855-4494
Fax:(361) 855-2239
Website:http://www.txbcu.com
Branches:2 branch locations
Members:6,809
Credit Union Type:Federally Insured State Chartered Credit Union
Charter Number:61306
Membership Type:State chartered natural person
Corporate Credit Union:No
Year Opened:1951
Last Audited:Sep 01, 2021
FHLB Member:No
Low Income Designation:No
Assets:$79,567,252
CEO/Manager:DAVID L BROOKS
Chairperson:EUGENE HERNANDEZ

Call Report

  • International Remittances
  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 11,105,347
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 8,810,547
 Unsecured Loans 5,198,420
 Other Loans 38,009,886
 TOTAL LOANS 52,018,853
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -61,272
 Land And Building 2,138,820
 Other Fixed Assets 159,902
 NCUSIF Deposit 660,918
 All Other Assets 0
  TOTAL ASSETS 79,567,252
LIABILITIES & CAPITAL:  
 Dividends Payable 46,319
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 763,158
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 13,407,331
 Regular shares 32,668,968
 All Other Shares & Deposits 26,325,191
  TOTAL SHARES & DEPOSITS 72,401,490
  TOTAL LIABILITIES 73,210,967
 Regular Reserve 0
 Other Reserves 0
 Undivided Earnings 6,356,285
  TOTAL EQUITY 6,356,285
  TOTAL LIABILITIES, SHARES, & EQUITY 79,567,252
INCOME & EXPENSE  
 Loan Income 569,749
 Investment Income 17,648
 Other Income 244,325
 Total Employee Compensation & Benefits 372,202
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 354,364
 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 79,042
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 98,148
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