Jun, 30, 2024 — PRESTIGE COMMUNITY CREDIT UNION is a federally insured state chartered credit union headquartered in DALLAS, TX with 2 branch locations and about $127.06 million in total assets. Opened 88 years ago in 1936, PRESTIGE COMMUNITY CREDIT UNION has about 8,702 members and employs 27 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | PRESTIGE COMMUNITY CREDIT UNION |
|---|---|
| Address: (Main Office) | 15203 Knoll Trail Dr Ste 101 DALLAS, TX 75248 |
| Phone: | (972) 715-4444 |
| Fax: | (972) 239-2519 |
| Website: | https://www.prestigecu.org |
| Branches: | 2 branch locations |
| Members: | 8,702 |
| Credit Union Type: | Federally Insured State Chartered Credit Union |
| Charter Number: | 67507 |
|---|---|
| Membership Type: | State chartered natural person |
| Corporate Credit Union: | No |
| Year Opened: | 1936 |
| Last Audited: | Dec 01, 2021 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $127,063,770 |
| CEO/Manager: | Sammy A Shanafelt |
| Chairperson: | Ta Li |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 12,319,843 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 3,170,233 |
| Unsecured Loans | 4,442,897 |
| Other Loans | 100,081,961 |
| TOTAL LOANS | 107,695,091 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -976,509 |
| Land And Building | 2,861,753 |
| Other Fixed Assets | 87,757 |
| NCUSIF Deposit | 957,660 |
| All Other Assets | 0 |
| TOTAL ASSETS | 127,063,770 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 2,476,692 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 30,260,581 |
| Regular shares | 31,885,093 |
| All Other Shares & Deposits | 51,885,530 |
| TOTAL SHARES & DEPOSITS | 114,031,204 |
| TOTAL LIABILITIES | 116,507,896 |
| Regular Reserve | 0 |
| Other Reserves | 1,171,332 |
| Undivided Earnings | 9,384,542 |
| TOTAL EQUITY | 10,555,874 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 127,063,770 |
| INCOME & EXPENSE | |
| Loan Income | 3,181,762 |
| Investment Income | 89,800 |
| Other Income | 978,893 |
| Total Employee Compensation & Benefits | 1,513,833 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 1,822,039 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 141,167 |
| Cost of Funds | 454,507 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 741,978 |
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