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POLLOCK EMPLOYEES CREDIT UNION

Mar, 31, 2021 — POLLOCK EMPLOYEES CREDIT UNION is a federally insured state chartered credit union headquartered in DALLAS, TX with 1 branch location and about $5.38 million in total assets. Opened 87 years ago in 1934, POLLOCK EMPLOYEES CREDIT UNION has about 995 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:POLLOCK EMPLOYEES CREDIT UNION
Address:
(Main Office)
1140 EMPIRE CENTRAL DR STE 605
DALLAS, TX 75247-4321
Phone:(214) 637-3924
Fax:(214) 637-3927
Website:n/a
Branches:1 branch locations
Members:995
Credit Union Type:Federally Insured State Chartered Credit Union
Charter Number:67582
Membership Type:State chartered natural person
Corporate Credit Union:No
Year Opened:1934
Last Audited:Oct 01, 2020
FHLB Member:No
Low Income Designation:No
Assets:$5,384,735
CEO/Manager:Gene Pittman
Chairperson:Benny Parrish

Call Report

  • Risk Based Loans
  • ATM/Debit Card Program
  • Check Cashing
  • Insurance/Investment Sales
  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 1,461,236
TOTAL INVESTMENTS 868,047
Loans Held for Sale 0
 
 Real Estate Loans 0
 Unsecured Loans 26,796
 Other Loans 2,963,879
 TOTAL LOANS 2,990,675
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -9,059
 Land And Building 0
 Other Fixed Assets 14,442
 NCUSIF Deposit 39,079
 All Other Assets 20,315
  TOTAL ASSETS 5,384,735
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 70,404
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 306,087
 Regular shares 3,659,003
 All Other Shares & Deposits 786,603
  TOTAL SHARES & DEPOSITS 4,751,693
  TOTAL LIABILITIES 4,822,097
 Regular Reserve 189,455
 Other Reserves 0
 Undivided Earnings 373,183
  TOTAL EQUITY 562,638
  TOTAL LIABILITIES, SHARES, & EQUITY 5,384,735
INCOME & EXPENSE  
 Loan Income 42,441
 Investment Income 3,929
 Other Income 2,990
 Total Employee Compensation & Benefits 32,771
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 25,723
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 0
 Cost of Funds 1,796
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) -10,714
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