Mar, 31, 2021 — HIGHWAY DISTRICT 2 CREDIT UNION is a federally insured state chartered credit union headquartered in Fort Worth, TX with 1 branch location and about $5.52 million in total assets. Opened 63 years ago in 1958, HIGHWAY DISTRICT 2 CREDIT UNION has about 761 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) | P O Box 330932 Fort Worth, TX 76163 |
| Phone: | (817) 346-4920 |
| Fax: | |
| Website: | http://www.dist2cu.com |
| Branches: | 1 branch locations |
| Members: | 761 |
| 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: | Jan 01, 2020 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $5,515,713 |
| CEO/Manager: | Dania K Pearson |
| Chairperson: | Zelma A Myers |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 662,111 |
| TOTAL INVESTMENTS | 2,782,000 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 0 |
| Unsecured Loans | 203,403 |
| Other Loans | 1,828,521 |
| TOTAL LOANS | 2,031,924 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -23,413 |
| Land And Building | 0 |
| Other Fixed Assets | 2,800 |
| NCUSIF Deposit | 41,925 |
| All Other Assets | 18,366 |
| TOTAL ASSETS | 5,515,713 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 8,618 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 0 |
| Regular shares | 4,258,829 |
| All Other Shares & Deposits | 0 |
| TOTAL SHARES & DEPOSITS | 4,258,829 |
| TOTAL LIABILITIES | 4,267,447 |
| Regular Reserve | 264,500 |
| Other Reserves | 0 |
| Undivided Earnings | 983,766 |
| TOTAL EQUITY | 1,248,266 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 5,515,713 |
| INCOME & EXPENSE | |
| Loan Income | 32,379 |
| Investment Income | 6,664 |
| Other Income | 1,259 |
| Total Employee Compensation & Benefits | 25,836 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 17,338 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | -8,445 |
| Cost of Funds | 2,557 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 3,016 |
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