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VATAT CREDIT UNION

Jun, 30, 2023 — 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 63 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
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
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

Call Report

  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
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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