Dec, 31, 2023 — POSTEL FAMILY CREDIT UNION is a federally insured state chartered credit union headquartered in WICHITA FALLS, TX with 2 branch locations and about $73.42 million in total assets. Opened 95 years ago in 1929, POSTEL FAMILY CREDIT UNION has about 5,747 members and employs 24 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
Name: | POSTEL FAMILY CREDIT UNION |
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Address: (Main Office) | 1300 Broad St WICHITA FALLS, TX 76301-7112 |
Phone: | (940) 761-8600 |
Fax: | (940) 322-2020 |
Website: | https://www.postelcu.com |
Branches: | 2 branch locations |
Members: | 5,747 |
Credit Union Type: | Federally Insured State Chartered Credit Union |
Charter Number: | 67554 |
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Membership Type: | State chartered natural person |
Corporate Credit Union: | No |
Year Opened: | 1929 |
Last Audited: | Sep 01, 2022 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $73,418,928 |
CEO/Manager: | Rick L Hanson |
Chairperson: | Joe Ryckoff |
ASSETS: | $ Amount |
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Cash & Equivalents | 6,445,419 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 0 |
Real Estate Loans | 18,184,594 |
Unsecured Loans | 2,990,698 |
Other Loans | 17,317,481 |
TOTAL LOANS | 38,685,571 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -416,245 |
Land And Building | 6,873,498 |
Other Fixed Assets | 161,699 |
NCUSIF Deposit | 657,826 |
All Other Assets | 0 |
TOTAL ASSETS | 73,418,928 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 18 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 672,427 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 15,485,770 |
Regular shares | 33,420,480 |
All Other Shares & Deposits | 16,155,313 |
TOTAL SHARES & DEPOSITS | 65,061,563 |
TOTAL LIABILITIES | 65,734,008 |
Regular Reserve | 0 |
Other Reserves | 0 |
Undivided Earnings | 7,684,920 |
TOTAL EQUITY | 7,684,920 |
TOTAL LIABILITIES, SHARES, & EQUITY | 73,418,928 |
INCOME & EXPENSE | |
Loan Income | 2,384,954 |
Investment Income | 507,173 |
Other Income | 420,811 |
Total Employee Compensation & Benefits | 1,817,615 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 1,370,962 |
Non-operating Income & (Expense) | 39,833 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 167,991 |
Cost of Funds | 344,523 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | 219,003 |
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» See also Statement of Financial Condition