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AMERICAN BAPTIST ASSOCIATION CREDIT UNION

Sep, 30, 2025 — AMERICAN BAPTIST ASSOCIATION CREDIT UNION is a federally insured state chartered credit union headquartered in ANGLETON, TX with 1 branch location and about $1.76 million in total assets. Opened 56 years ago in 1970, AMERICAN BAPTIST ASSOCIATION CREDIT UNION has about 390 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:AMERICAN BAPTIST ASSOCIATION CREDIT UNION
Address:
(Main Office)
21103 Chenango Lake Dr
ANGLETON, TX 77515
Phone:(281) 245-6887
Fax:
Website:https://www.abacu.org
Branches:1 branch locations
Members:390
Credit Union Type:Federally Insured State Chartered Credit Union
Charter Number:67622
Membership Type:State chartered natural person
Corporate Credit Union:No
Year Opened:1970
Last Audited:Aug 01, 2025
FHLB Member:No
Low Income Designation:No
Assets:$1,763,936
CEO/Manager:Julie G Knight
Chairperson:David R Taylor

Call Report

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 525,188
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 0
 Unsecured Loans 73,499
 Other Loans 912,137
 TOTAL LOANS 985,636
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -10,343
 Land And Building 0
 Other Fixed Assets 0
 NCUSIF (National Credit Union Share Insurance Fund) Deposit 13,017
 All Other Assets 0
  TOTAL ASSETS 1,763,936
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 580
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 0
 Regular shares 1,044,359
 All Other Shares & Deposits 550,975
  TOTAL SHARES & DEPOSITS 1,595,334
  TOTAL LIABILITIES 1,595,914
 Regular Reserve 0
 Other Reserves 0
 Undivided Earnings 168,022
  TOTAL EQUITY 168,022
  TOTAL LIABILITIES, SHARES, & EQUITY 1,763,936
INCOME & EXPENSE  
 Loan Income 49,808
 Investment Income 12,680
 Other Income 2,769
 Total Employee Compensation & Benefits 25,788
 NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense 0
 Total Other Operating Expenses 28,089
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense -289
 Cost of Funds 18,720
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) -7,051
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