Dec, 31, 2021 — VATAT CREDIT UNION is a federally insured state chartered credit union headquartered in AUSTIN, TX with 1 branch location and about $9.39 million in total assets. Opened 61 years ago in 1961, VATAT CREDIT UNION has about 1,106 members and employs 3 full and part-time employees 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: | 1,106 |
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: | $9,393,750 |
CEO/Manager: | Griselda C Spencer |
Chairperson: | Donald W Henson |
ASSETS: | $ Amount |
---|---|
Cash & Equivalents | 969,560 |
TOTAL INVESTMENTS | 1,235,556 |
Loans Held for Sale | 0 |
Real Estate Loans | 0 |
Unsecured Loans | 922,209 |
Other Loans | 6,201,858 |
TOTAL LOANS | 7,124,067 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -23,509 |
Land And Building | 0 |
Other Fixed Assets | 3,725 |
NCUSIF Deposit | 58,430 |
All Other Assets | 25,921 |
TOTAL ASSETS | 9,393,750 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 0 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 83,906 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 854,080 |
Regular shares | 4,108,608 |
All Other Shares & Deposits | 2,844,965 |
TOTAL SHARES & DEPOSITS | 7,807,653 |
TOTAL LIABILITIES | 7,891,559 |
Regular Reserve | 212,808 |
Other Reserves | 0 |
Undivided Earnings | 1,289,383 |
TOTAL EQUITY | 1,502,191 |
TOTAL LIABILITIES, SHARES, & EQUITY | 9,393,750 |
INCOME & EXPENSE | |
Loan Income | 379,535 |
Investment Income | 3,574 |
Other Income | 16,647 |
Total Employee Compensation & Benefits | 187,469 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 125,952 |
Non-operating Income & (Expense) | 0 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | -1,629 |
Cost of Funds | 16,037 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | 100,366 |
↑ Back to Top |