Sep, 30, 2021 — NCE CREDIT UNION is a federally insured state chartered credit union headquartered in CORPUS CHRISTI, TX with 1 branch location and about $5.58 million in total assets. Opened 56 years ago in 1966, NCE CREDIT UNION has about 1,490 members and employs 3 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | NCE CREDIT UNION |
|---|---|
| Address: (Main Office) | 901 LEOPARD STREET, COUNTY COURTHOU CORPUS CHRISTI, TX 78401-3808 |
| Phone: | (361) 882-4780 |
| Fax: | (361) 882-5205 |
| Website: | http://www.ncecreditunion.net |
| Branches: | 1 branch locations |
| Members: | 1,490 |
| Credit Union Type: | Federally Insured State Chartered Credit Union |
| Charter Number: | 67578 |
|---|---|
| Membership Type: | State chartered natural person |
| Corporate Credit Union: | No |
| Year Opened: | 1966 |
| Last Audited: | Dec 01, 2020 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $5,579,223 |
| CEO/Manager: | Paula R Garza |
| Chairperson: | Juan M Escobar |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 1,178,080 |
| TOTAL INVESTMENTS | 1,049,801 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 0 |
| Unsecured Loans | 262,451 |
| Other Loans | 3,043,865 |
| TOTAL LOANS | 3,306,316 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -13,441 |
| Land And Building | 0 |
| Other Fixed Assets | 3,408 |
| NCUSIF Deposit | 42,256 |
| All Other Assets | 12,803 |
| TOTAL ASSETS | 5,579,223 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 21,878 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 371,375 |
| Regular shares | 3,660,822 |
| All Other Shares & Deposits | 447,958 |
| TOTAL SHARES & DEPOSITS | 4,480,155 |
| TOTAL LIABILITIES | 4,502,033 |
| Regular Reserve | 153,650 |
| Other Reserves | 0 |
| Undivided Earnings | 923,540 |
| TOTAL EQUITY | 1,077,190 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 5,579,223 |
| INCOME & EXPENSE | |
| Loan Income | 137,198 |
| Investment Income | 5,492 |
| Other Income | 52,931 |
| Total Employee Compensation & Benefits | 140,589 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 77,164 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | -23,617 |
| Cost of Funds | 9,297 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 40,980 |
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