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WITCO HOUSTON EMPLOYEES CREDIT UNION

Jun, 30, 2021 — WITCO HOUSTON EMPLOYEES CREDIT UNION is a federally insured state chartered credit union headquartered in Rosenberg, TX with 1 branch location and about $945,882 in total assets. Opened 49 years ago in 1972, WITCO HOUSTON EMPLOYEES CREDIT UNION has about 105 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:WITCO HOUSTON EMPLOYEES CREDIT UNION
Address:
(Main Office)
2519 Avenue H
Rosenberg, TX 77471
Phone:(281) 342-5907
Fax:(888) 667-7524
Website:n/a
Branches:1 branch locations
Members:105
Credit Union Type:Federally Insured State Chartered Credit Union
Charter Number:61524
Membership Type:State chartered natural person
Corporate Credit Union:No
Year Opened:1972
Last Audited:Mar 01, 2021
FHLB Member:No
Low Income Designation:No
Assets:$945,882
CEO/Manager:John B Herne
Chairperson:Matthew Cabler

Call Report

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 661,922
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 0
 Unsecured Loans 8,697
 Other Loans 285,664
 TOTAL LOANS 294,361
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -20,000
 Land And Building 0
 Other Fixed Assets 0
 NCUSIF Deposit 6,960
 All Other Assets 2,639
  TOTAL ASSETS 945,882
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 5,089
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 0
 Regular shares 641,737
 All Other Shares & Deposits 0
  TOTAL SHARES & DEPOSITS 641,737
  TOTAL LIABILITIES 646,826
 Regular Reserve 85,423
 Other Reserves 0
 Undivided Earnings 213,633
  TOTAL EQUITY 299,056
  TOTAL LIABILITIES, SHARES, & EQUITY 945,882
INCOME & EXPENSE  
 Loan Income 8,926
 Investment Income 622
 Other Income 10
 Total Employee Compensation & Benefits 0
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 23,016
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 0
 Cost of Funds 0
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) -13,458
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