Dec, 31, 2021 — AMARILLO POSTAL EMPLOYEES CREDIT UNION is a federally insured state chartered credit union headquartered in AMARILLO, TX with 1 branch location and about $19.47 million in total assets. Opened 91 years ago in 1931, AMARILLO POSTAL EMPLOYEES CREDIT UNION has about 1,819 members and employs 4 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | AMARILLO POSTAL EMPLOYEES CREDIT UNION |
|---|---|
| Address: (Main Office) | 2400 HOBBS RD AMARILLO, TX 79109-1506 |
| Phone: | (806) 354-2166 |
| Fax: | (806) 354-8860 |
| Website: | http://www.crunion.org |
| Branches: | 1 branch locations |
| Members: | 1,819 |
| Credit Union Type: | Federally Insured State Chartered Credit Union |
| Charter Number: | 67639 |
|---|---|
| Membership Type: | State chartered natural person |
| Corporate Credit Union: | No |
| Year Opened: | 1931 |
| Last Audited: | Dec 01, 2020 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $19,473,203 |
| CEO/Manager: | JAY LEWTER |
| Chairperson: | HARRY (BILL) WIDICK |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 2,472,109 |
| TOTAL INVESTMENTS | 10,033,507 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 826,904 |
| Unsecured Loans | 764,234 |
| Other Loans | 5,160,459 |
| TOTAL LOANS | 6,751,597 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -45,360 |
| Land And Building | 22,833 |
| Other Fixed Assets | 24,248 |
| NCUSIF Deposit | 158,586 |
| All Other Assets | 55,683 |
| TOTAL ASSETS | 19,473,203 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 2,958 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 153,289 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 1,705,128 |
| Regular shares | 9,148,708 |
| All Other Shares & Deposits | 5,883,399 |
| TOTAL SHARES & DEPOSITS | 16,737,235 |
| TOTAL LIABILITIES | 16,893,482 |
| Regular Reserve | 310,028 |
| Other Reserves | 0 |
| Undivided Earnings | 2,269,693 |
| TOTAL EQUITY | 2,579,721 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 19,473,203 |
| INCOME & EXPENSE | |
| Loan Income | 379,442 |
| Investment Income | 142,043 |
| Other Income | 44,288 |
| Total Employee Compensation & Benefits | 264,498 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 254,133 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 1,000 |
| Cost of Funds | 81,167 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 30,419 |
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