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National Credit Union Service Organization

WITCO HOUSTON EMPLOYEES CREDIT UNION

Dec, 31, 2023 — WITCO HOUSTON EMPLOYEES CREDIT UNION is a federally insured state chartered credit union headquartered in Rosenberg, TX with 1 branch location and about $843,025 in total assets. Opened 52 years ago in 1972, WITCO HOUSTON EMPLOYEES CREDIT UNION has about 37 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:37
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:Jun 01, 2022
FHLB Member:No
Low Income Designation:No
Assets:$843,025
CEO/Manager:John B Herne
Chairperson:Matthew Cabler

Call Report

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 833,872
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 0
 Unsecured Loans 0
 Other Loans 2,126
 TOTAL LOANS 2,126
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -1,320
 Land And Building 0
 Other Fixed Assets 0
 NCUSIF Deposit 5,760
 All Other Assets 0
  TOTAL ASSETS 843,025
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 5,430
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 0
 Regular shares 575,307
 All Other Shares & Deposits 0
  TOTAL SHARES & DEPOSITS 575,307
  TOTAL LIABILITIES 580,737
 Regular Reserve 0
 Other Reserves 0
 Undivided Earnings 262,288
  TOTAL EQUITY 262,288
  TOTAL LIABILITIES, SHARES, & EQUITY 843,025
INCOME & EXPENSE  
 Loan Income 2,638
 Investment Income 4,307
 Other Income 0
 Total Employee Compensation & Benefits 0
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 35,558
 Non-operating Income & (Expense) 9,202
 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) -19,411
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