Jun, 30, 2021 — VATAT CREDIT UNION is a federally insured state chartered credit union headquartered in Austin, TX with 1 branch location and about $9.24 million in total assets. Opened 60 years ago in 1961, VATAT CREDIT UNION has about 1,111 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | VATAT CREDIT UNION |
|---|---|
| Address: (Main Office) | 614 E 12th St Austin, TX 78701 |
| Phone: | (512) 472-3258 |
| Fax: | (512) 617-8218 |
| Website: | https://www.vatatcu.org |
| Branches: | 1 branch locations |
| Members: | 1,111 |
| Credit Union Type: | Federally Insured State Chartered Credit Union |
| Charter Number: | 67661 |
|---|---|
| Membership Type: | State chartered natural person |
| Corporate Credit Union: | No |
| Year Opened: | 1961 |
| Last Audited: | Jan 01, 2021 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $9,242,236 |
| CEO/Manager: | Griselda C Spencer |
| Chairperson: | Donald W Henson |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 1,573,604 |
| TOTAL INVESTMENTS | 1,031,556 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 0 |
| Unsecured Loans | 912,439 |
| Other Loans | 5,668,189 |
| TOTAL LOANS | 6,580,628 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -19,482 |
| Land And Building | 0 |
| Other Fixed Assets | 782 |
| NCUSIF Deposit | 58,430 |
| All Other Assets | 16,718 |
| TOTAL ASSETS | 9,242,236 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 259,087 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 646,183 |
| Regular shares | 3,972,063 |
| All Other Shares & Deposits | 2,922,440 |
| TOTAL SHARES & DEPOSITS | 7,540,686 |
| TOTAL LIABILITIES | 7,799,773 |
| Regular Reserve | 212,808 |
| Other Reserves | 0 |
| Undivided Earnings | 1,229,655 |
| TOTAL EQUITY | 1,442,463 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 9,242,236 |
| INCOME & EXPENSE | |
| Loan Income | 185,036 |
| Investment Income | 2,084 |
| Other Income | 6,400 |
| Total Employee Compensation & Benefits | 101,634 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 59,152 |
| Non-operating Income & (Expense) | 11,318 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | -5,657 |
| Cost of Funds | 9,072 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 40,637 |
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