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BEAUMONT COMMUNITY CREDIT UNION

Mar, 31, 2022 — BEAUMONT COMMUNITY CREDIT UNION is a federally insured state chartered credit union headquartered in BEAUMONT, TX with 1 branch location and about $34.70 million in total assets. Opened 66 years ago in 1956, BEAUMONT COMMUNITY CREDIT UNION has about 3,748 members and employs 8 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:BEAUMONT COMMUNITY CREDIT UNION
Address:
(Main Office)
660 S M L King Jr Pkwy
BEAUMONT, TX 77701
Phone:(409) 899-1035
Fax:(409) 899-9715
Website:http://www.bmtccu.com
Branches:1 branch locations
Members:3,748
Credit Union Type:Federally Insured State Chartered Credit Union
Charter Number:67574
Membership Type:State chartered natural person
Corporate Credit Union:No
Year Opened:1956
Last Audited:Dec 01, 2021
FHLB Member:No
Low Income Designation:No
Assets:$34,703,060
CEO/Manager:Angel Diamantis
Chairperson:Earl White

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Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 8,113,898
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 314,483
 Unsecured Loans 1,636,983
 Other Loans 9,194,476
 TOTAL LOANS 11,145,942
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -28,009
 Land And Building 1,075,898
 Other Fixed Assets 26,234
 NCUSIF Deposit 290,924
 All Other Assets 0
  TOTAL ASSETS 34,703,060
LIABILITIES & CAPITAL:  
 Dividends Payable 13,777
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 206,517
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 6,788,078
 Regular shares 15,110,765
 All Other Shares & Deposits 8,825,305
  TOTAL SHARES & DEPOSITS 30,724,148
  TOTAL LIABILITIES 30,944,442
 Regular Reserve 0
 Other Reserves 0
 Undivided Earnings 3,758,618
  TOTAL EQUITY 3,758,618
  TOTAL LIABILITIES, SHARES, & EQUITY 34,703,060
INCOME & EXPENSE  
 Loan Income 119,111
 Investment Income 15,337
 Other Income 143,245
 Total Employee Compensation & Benefits 128,914
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 192,642
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense -7,684
 Cost of Funds 30,836
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) -42,581
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