Dec, 31, 2021 — NCE CREDIT UNION is a federally insured state chartered credit union headquartered in CORPUS CHRISTI, TX with 1 branch location and about $5.42 million in total assets. Opened 56 years ago in 1966, NCE CREDIT UNION has about 1,480 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 |
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Address: (Main Office) | 901 Leopard St CORPUS CHRISTI, TX 78401-3606 |
Phone: | (361) 882-4780 |
Fax: | (361) 882-5205 |
Website: | http://www.ncecreditunion.net |
Branches: | 1 branch locations |
Members: | 1,480 |
Credit Union Type: | Federally Insured State Chartered Credit Union |
Charter Number: | 67578 |
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Membership Type: | State chartered natural person |
Corporate Credit Union: | No |
Year Opened: | 1966 |
Last Audited: | Dec 01, 2021 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $5,423,027 |
CEO/Manager: | Paula R Garza |
Chairperson: | Juan M Escobar |
ASSETS: | $ Amount |
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Cash & Equivalents | 960,389 |
TOTAL INVESTMENTS | 1,149,801 |
Loans Held for Sale | 0 |
Real Estate Loans | 0 |
Unsecured Loans | 342,872 |
Other Loans | 2,927,325 |
TOTAL LOANS | 3,270,197 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -11,576 |
Land And Building | 0 |
Other Fixed Assets | 3,120 |
NCUSIF Deposit | 42,256 |
All Other Assets | 8,840 |
TOTAL ASSETS | 5,423,027 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 0 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 27,185 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 391,072 |
Regular shares | 3,501,261 |
All Other Shares & Deposits | 423,034 |
TOTAL SHARES & DEPOSITS | 4,315,367 |
TOTAL LIABILITIES | 4,342,552 |
Regular Reserve | 153,651 |
Other Reserves | 0 |
Undivided Earnings | 926,824 |
TOTAL EQUITY | 1,080,475 |
TOTAL LIABILITIES, SHARES, & EQUITY | 5,423,027 |
INCOME & EXPENSE | |
Loan Income | 183,786 |
Investment Income | 6,667 |
Other Income | 71,412 |
Total Employee Compensation & Benefits | 186,435 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 104,178 |
Non-operating Income & (Expense) | 0 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | -25,483 |
Cost of Funds | 12,211 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | 44,264 |
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