Dec, 31, 2022 — ABILENE TEACHERS FEDERAL CREDIT UNION is a federal credit union headquartered in ABILENE, TX with 5 branch locations and about $603.83 million in total assets. Opened 73 years ago in 1950, ABILENE TEACHERS FEDERAL CREDIT UNION has about 53,547 members and employs 138 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: | https://abileneteachersfcu.org |
Branches: | 5 branch locations |
Members: | 53,547 |
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, 2022 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $603,833,738 |
CEO/Manager: | James L Boyd |
Chairperson: | Royce Curtis |
ASSETS: | $ Amount |
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Cash & Equivalents | 133,512,997 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 0 |
Real Estate Loans | 69,848,529 |
Unsecured Loans | 38,977,129 |
Other Loans | 246,383,588 |
TOTAL LOANS | 355,209,246 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -2,358,453 |
Land And Building | 10,496,948 |
Other Fixed Assets | 3,170,431 |
NCUSIF Deposit | 4,607,824 |
All Other Assets | 25,475 |
TOTAL ASSETS | 603,833,738 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 0 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 9,655,352 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 143,680,203 |
Regular shares | 280,685,065 |
All Other Shares & Deposits | 73,405,155 |
TOTAL SHARES & DEPOSITS | 497,770,423 |
TOTAL LIABILITIES | 507,425,775 |
Regular Reserve | 0 |
Other Reserves | 0 |
Undivided Earnings | 96,407,963 |
TOTAL EQUITY | 96,407,963 |
TOTAL LIABILITIES, SHARES, & EQUITY | 603,833,738 |
INCOME & EXPENSE | |
Loan Income | 11,686,168 |
Investment Income | 1,542,991 |
Other Income | 3,962,451 |
Total Employee Compensation & Benefits | 7,484,216 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 10,175,768 |
Non-operating Income & (Expense) | -48,947 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 300,617 |
Cost of Funds | 335,370 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | 6,121,943 |
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