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LEHRER INTERESTS CREDIT UNION

Jun, 30, 2021 — LEHRER INTERESTS CREDIT UNION is a federally insured state chartered credit union headquartered in GARWOOD, TX with 1 branch location and about $2.30 million in total assets. Opened 66 years ago in 1955, LEHRER INTERESTS CREDIT UNION has about 111 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:LEHRER INTERESTS CREDIT UNION
Address:
(Main Office)
P.O. BOX 428
GARWOOD, TX 77442
Phone:(979) 758-3221
Fax:(979) 758-3844
Website:n/a
Branches:1 branch locations
Members:111
Credit Union Type:Federally Insured State Chartered Credit Union
Charter Number:67641
Membership Type:State chartered natural person
Corporate Credit Union:No
Year Opened:1955
Last Audited:Dec 01, 2020
FHLB Member:No
Low Income Designation:No
Assets:$2,296,007
CEO/Manager:RALPH A SAVINO
Chairperson:DARYL W PIEPRZYCA

Call Report

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 684,463
TOTAL INVESTMENTS 1,300,000
Loans Held for Sale 0
 
 Real Estate Loans 0
 Unsecured Loans 280
 Other Loans 297,154
 TOTAL LOANS 297,434
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -1,000
 Land And Building 0
 Other Fixed Assets 0
 NCUSIF Deposit 18,525
 All Other Assets -3,415
  TOTAL ASSETS 2,296,007
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 0
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 0
 Regular shares 1,826,900
 All Other Shares & Deposits 0
  TOTAL SHARES & DEPOSITS 1,826,900
  TOTAL LIABILITIES 1,826,900
 Regular Reserve 50,162
 Other Reserves 0
 Undivided Earnings 418,945
  TOTAL EQUITY 469,107
  TOTAL LIABILITIES, SHARES, & EQUITY 2,296,007
INCOME & EXPENSE  
 Loan Income 5,664
 Investment Income 9,968
 Other Income 75
 Total Employee Compensation & Benefits 5,400
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 4,917
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 0
 Cost of Funds 2,279
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 3,111
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