Dec, 31, 2023 — PUBLIC EMPLOYEES CREDIT UNION is a federally insured state chartered credit union headquartered in AUSTIN, TX with 6 branch locations and about $426.33 million in total assets. Opened 72 years ago in 1952, PUBLIC EMPLOYEES CREDIT UNION has about 22,658 members and employs 68 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | PUBLIC EMPLOYEES CREDIT UNION |
|---|---|
| Address: (Main Office) | 306 E 10th St AUSTIN, TX 78701 |
| Phone: | (512) 474-1955 |
| Fax: | (512) 474-2731 |
| Website: | https://www.pecutx.org |
| Branches: | 6 branch locations |
| Members: | 22,658 |
| Credit Union Type: | Federally Insured State Chartered Credit Union |
| Charter Number: | 67428 |
|---|---|
| Membership Type: | State chartered natural person |
| Corporate Credit Union: | No |
| Year Opened: | 1952 |
| Last Audited: | Mar 01, 2023 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $426,329,185 |
| CEO/Manager: | Gary Whitcomb |
| Chairperson: | Claire McGuinness |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 43,513,463 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 113,114,226 |
| Unsecured Loans | 3,270,871 |
| Other Loans | 130,059,198 |
| TOTAL LOANS | 246,444,296 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -912,498 |
| Land And Building | 4,785,533 |
| Other Fixed Assets | 692,943 |
| NCUSIF Deposit | 3,583,954 |
| All Other Assets | 161,737 |
| TOTAL ASSETS | 426,329,185 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 170,732 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 476,285 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 96,478,147 |
| Regular shares | 114,714,888 |
| All Other Shares & Deposits | 171,117,694 |
| TOTAL SHARES & DEPOSITS | 382,310,729 |
| TOTAL LIABILITIES | 382,961,804 |
| Regular Reserve | 0 |
| Other Reserves | -7,791,543 |
| Undivided Earnings | 51,158,924 |
| TOTAL EQUITY | 43,367,381 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 426,329,185 |
| INCOME & EXPENSE | |
| Loan Income | 10,498,268 |
| Investment Income | 3,845,250 |
| Other Income | 827,586 |
| Total Employee Compensation & Benefits | 4,964,553 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 3,308,207 |
| Non-operating Income & (Expense) | -5 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 29,930 |
| Cost of Funds | 2,492,111 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 5,430,879 |
| ↑ Back to Top | |