Dec, 31, 2021 — ABILENE TEACHERS FEDERAL CREDIT UNION is a federal credit union headquartered in ABILENE, TX with 5 branch locations and about $578.04 million in total assets. Opened 72 years ago in 1950, ABILENE TEACHERS FEDERAL CREDIT UNION has about 53,084 members and employs 129 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
Name: | ABILENE TEACHERS FEDERAL CREDIT UNION |
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Address: (Main Office) | 3849 Antilley Rd ABILENE, TX 79606 |
Phone: | (325) 677-2274 |
Fax: | (325) 676-0515 |
Website: | http://abileneteachersfcu.org |
Branches: | 5 branch locations |
Members: | 53,084 |
Credit Union Type: | Federal Credit Union |
Charter Number: | 6743 |
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Membership Type: | Multiple common bond - Primarily educational |
Corporate Credit Union: | No |
Year Opened: | 1950 |
Last Audited: | Mar 01, 2021 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $578,038,337 |
CEO/Manager: | James L Boyd |
Chairperson: | J. Nolan Kelley |
ASSETS: | $ Amount |
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Cash & Equivalents | 134,929,039 |
TOTAL INVESTMENTS | 76,340,589 |
Loans Held for Sale | 0 |
Real Estate Loans | 68,190,997 |
Unsecured Loans | 34,342,190 |
Other Loans | 247,117,541 |
TOTAL LOANS | 349,650,728 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -2,519,645 |
Land And Building | 10,778,214 |
Other Fixed Assets | 2,072,088 |
NCUSIF Deposit | 4,484,200 |
All Other Assets | 2,303,124 |
TOTAL ASSETS | 578,038,337 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 0 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 9,787,755 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 131,315,171 |
Regular shares | 268,481,998 |
All Other Shares & Deposits | 78,167,393 |
TOTAL SHARES & DEPOSITS | 477,964,562 |
TOTAL LIABILITIES | 487,752,317 |
Regular Reserve | 5,758,764 |
Other Reserves | 0 |
Undivided Earnings | 84,527,256 |
TOTAL EQUITY | 90,286,020 |
TOTAL LIABILITIES, SHARES, & EQUITY | 578,038,337 |
INCOME & EXPENSE | |
Loan Income | 16,413,509 |
Investment Income | 846,593 |
Other Income | 4,280,923 |
Total Employee Compensation & Benefits | 10,134,803 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 11,684,621 |
Non-operating Income & (Expense) | -132,492 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | -984,387 |
Cost of Funds | 482,758 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | 9,401,060 |
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