Sep, 30, 2021 — LCRA CREDIT UNION is a federally insured state chartered credit union headquartered in Austin, TX with 2 branch locations and about $25.04 million in total assets. Opened 81 years ago in 1940, LCRA CREDIT UNION has about 2,311 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) | P O Box 19138 Austin, TX 78760 |
| Phone: | (737) 212-0030 |
| Fax: | (737) 212-0040 |
| Website: | http://lcracu.org |
| Branches: | 2 branch locations |
| Members: | 2,311 |
| 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, 2021 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $25,044,626 |
| CEO/Manager: | Betty Mueller |
| Chairperson: | Dowell Garrison |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 41,621 |
| TOTAL INVESTMENTS | 13,662,404 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 1,267,289 |
| Unsecured Loans | 991,004 |
| Other Loans | 8,869,170 |
| TOTAL LOANS | 11,127,463 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -42,462 |
| Land And Building | 0 |
| Other Fixed Assets | 8,927 |
| NCUSIF Deposit | 196,856 |
| All Other Assets | 49,817 |
| TOTAL ASSETS | 25,044,626 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 140,981 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 5,307,827 |
| Regular shares | 15,437,669 |
| All Other Shares & Deposits | 1,216,275 |
| TOTAL SHARES & DEPOSITS | 21,961,771 |
| TOTAL LIABILITIES | 22,102,752 |
| Regular Reserve | 629,377 |
| Other Reserves | 0 |
| Undivided Earnings | 2,312,497 |
| TOTAL EQUITY | 2,941,874 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 25,044,626 |
| INCOME & EXPENSE | |
| Loan Income | 328,192 |
| Investment Income | 195,987 |
| Other Income | 56,722 |
| Total Employee Compensation & Benefits | 242,756 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 324,292 |
| Non-operating Income & (Expense) | 112,356 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | -11,285 |
| Cost of Funds | 9,773 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 127,721 |
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