Dec, 31, 2023 — REEVES COUNTY TEACHERS CREDIT UNION is a federally insured state chartered credit union headquartered in PECOS, TX with 0 branch location and about $9.64 million in total assets. Opened 57 years ago in 1967, REEVES COUNTY TEACHERS CREDIT UNION has about 1,352 members and employs 4 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
Name: | REEVES COUNTY TEACHERS CREDIT UNION |
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Address: (Main Office) | 312 S Cedar St PECOS, TX 79772-3211 |
Phone: | (432) 447-6192 |
Fax: | |
Website: | n/a |
Branches: | 0 branch locations |
Members: | 1,352 |
Credit Union Type: | Federally Insured State Chartered Credit Union |
Charter Number: | 61532 |
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Membership Type: | State chartered natural person |
Corporate Credit Union: | No |
Year Opened: | 1967 |
Last Audited: | Dec 01, 2022 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $9,637,209 |
CEO/Manager: | Luzelva Estrello |
Chairperson: | John Salcido |
ASSETS: | $ Amount |
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Cash & Equivalents | 1,154,791 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 0 |
Real Estate Loans | 216,107 |
Unsecured Loans | 1,278,091 |
Other Loans | 5,597,035 |
TOTAL LOANS | 7,091,233 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -126,657 |
Land And Building | 326,316 |
Other Fixed Assets | 7,824 |
NCUSIF Deposit | 81,703 |
All Other Assets | 0 |
TOTAL ASSETS | 9,637,209 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 16,500 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 88,306 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 0 |
Regular shares | 4,900,571 |
All Other Shares & Deposits | 3,307,031 |
TOTAL SHARES & DEPOSITS | 8,207,602 |
TOTAL LIABILITIES | 8,312,408 |
Regular Reserve | 0 |
Other Reserves | 0 |
Undivided Earnings | 1,324,801 |
TOTAL EQUITY | 1,324,801 |
TOTAL LIABILITIES, SHARES, & EQUITY | 9,637,209 |
INCOME & EXPENSE | |
Loan Income | 423,604 |
Investment Income | 62,522 |
Other Income | 69,727 |
Total Employee Compensation & Benefits | 289,022 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 238,508 |
Non-operating Income & (Expense) | 0 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 13,054 |
Cost of Funds | 140,201 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | 13,437 |
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