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TEXAS TELCOM CREDIT UNION

Jun, 30, 2021 — TEXAS TELCOM CREDIT UNION is a federally insured state chartered credit union headquartered in Dallas, TX with 2 branch locations and about $61.81 million in total assets. Opened 69 years ago in 1952, TEXAS TELCOM CREDIT UNION has about 3,265 members and employs 10 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


ABA Routing Number: 311080531
Name:TEXAS TELCOM CREDIT UNION
Address:
(Main Office)
8818 Garland Rd
Dallas, TX 75218-3916
Phone:(214) 320-8818
Fax:(214) 320-8875
Website:http://www.textelcu.org
Branches:2 branch locations
Members:3,265
Credit Union Type:Federally Insured State Chartered Credit Union
Charter Number:67490
Membership Type:State chartered natural person
Corporate Credit Union:No
Year Opened:1952
Last Audited:Mar 01, 2021
FHLB Member:No
Low Income Designation:No
Assets:$61,808,383
CEO/Manager:Pamela S Toler
Chairperson:Michael Robbins

Call Report

  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 4,925,160
TOTAL INVESTMENTS 25,615,657
Loans Held for Sale 0
 
 Real Estate Loans 6,799,836
 Unsecured Loans 3,126,592
 Other Loans 17,906,542
 TOTAL LOANS 27,832,970
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -126,100
 Land And Building 936,809
 Other Fixed Assets 8,072
 NCUSIF Deposit 477,269
 All Other Assets 2,138,546
  TOTAL ASSETS 61,808,383
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 155,334
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 5,383,719
 Regular shares 27,368,017
 All Other Shares & Deposits 20,595,163
  TOTAL SHARES & DEPOSITS 53,346,899
  TOTAL LIABILITIES 53,502,233
 Regular Reserve 2,642,685
 Other Reserves -703,550
 Undivided Earnings 6,367,015
  TOTAL EQUITY 8,306,150
  TOTAL LIABILITIES, SHARES, & EQUITY 61,808,383
INCOME & EXPENSE  
 Loan Income 754,765
 Investment Income 171,079
 Other Income 96,112
 Total Employee Compensation & Benefits 385,823
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 473,465
 Non-operating Income & (Expense) -3,712
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 38,873
 Cost of Funds 229,672
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 176,907
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