Sep, 30, 2022 — VATAT CREDIT UNION is a federally insured state chartered credit union headquartered in AUSTIN, TX with 1 branch location and about $10.75 million in total assets. Opened 62 years ago in 1961, VATAT CREDIT UNION has about 1,071 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
Name: | VATAT CREDIT UNION |
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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: | 1,071 |
Credit Union Type: | Federally Insured State Chartered Credit Union |
Charter Number: | 67661 |
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Membership Type: | State chartered natural person |
Corporate Credit Union: | No |
Year Opened: | 1961 |
Last Audited: | Aug 01, 2022 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $10,749,844 |
CEO/Manager: | Meredith Hartmann |
Chairperson: | Donald W Henson |
ASSETS: | $ Amount |
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Cash & Equivalents | 583,506 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 0 |
Real Estate Loans | 0 |
Unsecured Loans | 1,167,977 |
Other Loans | 7,417,903 |
TOTAL LOANS | 8,585,880 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -26,335 |
Land And Building | 0 |
Other Fixed Assets | 9,540 |
NCUSIF Deposit | 60,479 |
All Other Assets | 0 |
TOTAL ASSETS | 10,749,844 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 2,521 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 113,391 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 893,472 |
Regular shares | 5,749,978 |
All Other Shares & Deposits | 2,411,526 |
TOTAL SHARES & DEPOSITS | 9,054,976 |
TOTAL LIABILITIES | 9,170,888 |
Regular Reserve | 0 |
Other Reserves | 0 |
Undivided Earnings | 1,578,956 |
TOTAL EQUITY | 1,578,956 |
TOTAL LIABILITIES, SHARES, & EQUITY | 10,749,844 |
INCOME & EXPENSE | |
Loan Income | 309,825 |
Investment Income | 13,372 |
Other Income | 21,686 |
Total Employee Compensation & Benefits | 136,782 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 125,839 |
Non-operating Income & (Expense) | 0 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 2,826 |
Cost of Funds | 9,157 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | 76,764 |
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