Dec, 31, 2023 — HIGHWAY DISTRICT 9 CREDIT UNION is a federally insured state chartered credit union headquartered in WACO, TX with 1 branch location and about $4.55 million in total assets. Opened 71 years ago in 1953, HIGHWAY DISTRICT 9 CREDIT UNION has about 734 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
Name: | HIGHWAY DISTRICT 9 CREDIT UNION |
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Address: (Main Office) | 2417 Columbus Ave WACO, TX 76701 |
Phone: | (254) 756-6331 |
Fax: | (254) 756-6331 |
Website: | https://www.hwydist9.com |
Branches: | 1 branch locations |
Members: | 734 |
Credit Union Type: | Federally Insured State Chartered Credit Union |
Charter Number: | 67469 |
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Membership Type: | State chartered natural person |
Corporate Credit Union: | No |
Year Opened: | 1953 |
Last Audited: | Mar 01, 2023 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $4,550,335 |
CEO/Manager: | Rachel E Reavis |
Chairperson: | Janis M Guest |
ASSETS: | $ Amount |
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Cash & Equivalents | 66,619 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 0 |
Real Estate Loans | 34,321 |
Unsecured Loans | 128,335 |
Other Loans | 1,613,112 |
TOTAL LOANS | 1,775,768 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -39,443 |
Land And Building | 54,350 |
Other Fixed Assets | 3,587 |
NCUSIF Deposit | 37,585 |
All Other Assets | 0 |
TOTAL ASSETS | 4,550,335 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 18,776 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 8,133 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 0 |
Regular shares | 3,462,418 |
All Other Shares & Deposits | 32,577 |
TOTAL SHARES & DEPOSITS | 3,494,995 |
TOTAL LIABILITIES | 3,521,904 |
Regular Reserve | 0 |
Other Reserves | 0 |
Undivided Earnings | 1,028,431 |
TOTAL EQUITY | 1,028,431 |
TOTAL LIABILITIES, SHARES, & EQUITY | 4,550,335 |
INCOME & EXPENSE | |
Loan Income | 127,785 |
Investment Income | 54,686 |
Other Income | 9,453 |
Total Employee Compensation & Benefits | 76,385 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 51,535 |
Non-operating Income & (Expense) | 0 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 10,700 |
Cost of Funds | 36,941 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | 16,534 |
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