Sep, 30, 2022 — LCRA CREDIT UNION is a federally insured state chartered credit union headquartered in AUSTIN, TX with 2 branch locations and about $24.88 million in total assets. Opened 83 years ago in 1940, LCRA CREDIT UNION has about 2,326 members and employs 5 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | LCRA CREDIT UNION |
|---|---|
| Address: (Main Office) | 3505 Montopolis Dr Bldg A AUSTIN, TX 78744 |
| Phone: | (737) 212-0030 |
| Fax: | (737) 212-0040 |
| Website: | https://lcracu.org |
| Branches: | 2 branch locations |
| Members: | 2,326 |
| Credit Union Type: | Federally Insured State Chartered Credit Union |
| Charter Number: | 67537 |
|---|---|
| Membership Type: | State chartered natural person |
| Corporate Credit Union: | No |
| Year Opened: | 1940 |
| Last Audited: | Jun 01, 2022 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $24,876,195 |
| CEO/Manager: | Betty Mueller |
| Chairperson: | Dowell Garrison |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 186,177 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 1,418,774 |
| Unsecured Loans | 1,262,194 |
| Other Loans | 12,564,484 |
| TOTAL LOANS | 15,245,452 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -29,636 |
| Land And Building | 0 |
| Other Fixed Assets | 4,105 |
| NCUSIF Deposit | 215,279 |
| All Other Assets | 0 |
| TOTAL ASSETS | 24,876,195 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 200,000 |
| Accounts Payable & Other Liabilities | 103,202 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 5,390,107 |
| Regular shares | 14,903,496 |
| All Other Shares & Deposits | 1,301,448 |
| TOTAL SHARES & DEPOSITS | 21,595,051 |
| TOTAL LIABILITIES | 21,898,253 |
| Regular Reserve | 0 |
| Other Reserves | 0 |
| Undivided Earnings | 2,977,942 |
| TOTAL EQUITY | 2,977,942 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 24,876,195 |
| INCOME & EXPENSE | |
| Loan Income | 416,730 |
| Investment Income | 137,906 |
| Other Income | 53,049 |
| Total Employee Compensation & Benefits | 252,159 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 310,498 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 23,122 |
| Cost of Funds | 10,345 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 27,338 |
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