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HIGHWAY DISTRICT 2 CREDIT UNION

Dec, 31, 2023 — HIGHWAY DISTRICT 2 CREDIT UNION is a federally insured state chartered credit union headquartered in FORT WORTH, TX with 1 branch location and about $4.94 million in total assets. Opened 66 years ago in 1958, HIGHWAY DISTRICT 2 CREDIT UNION has about 701 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:HIGHWAY DISTRICT 2 CREDIT UNION
Address:
(Main Office)
6112 McCart Ave
FORT WORTH, TX 76133
Phone:(817) 346-4920
Fax:
Website:https://www.dist2cu.com
Branches:1 branch locations
Members:701
Credit Union Type:Federally Insured State Chartered Credit Union
Charter Number:67468
Membership Type:State chartered natural person
Corporate Credit Union:No
Year Opened:1958
Last Audited:Feb 01, 2023
FHLB Member:No
Low Income Designation:No
Assets:$4,941,555
CEO/Manager:Dania K Pearson
Chairperson:Zelma A Myers

Call Report

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 268,787
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 0
 Unsecured Loans 211,455
 Other Loans 1,664,450
 TOTAL LOANS 1,875,907
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -2,447
 Land And Building 0
 Other Fixed Assets 31
 NCUSIF Deposit 41,649
 All Other Assets 0
  TOTAL ASSETS 4,941,555
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 5,657
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 0
 Regular shares 3,650,258
 All Other Shares & Deposits 0
  TOTAL SHARES & DEPOSITS 3,650,258
  TOTAL LIABILITIES 3,655,915
 Regular Reserve 0
 Other Reserves 264,500
 Undivided Earnings 1,021,140
  TOTAL EQUITY 1,285,640
  TOTAL LIABILITIES, SHARES, & EQUITY 4,941,555
INCOME & EXPENSE  
 Loan Income 102,222
 Investment Income 91,907
 Other Income 12,259
 Total Employee Compensation & Benefits 112,081
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 64,563
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 1,225
 Cost of Funds 12,751
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 18,925
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