Jun, 30, 2021 — FAMILY 1ST OF TEXAS FEDERAL CREDIT UNION is a federal credit union headquartered in Fort Worth, TX with 1 branch location and about $18.23 million in total assets. Opened 86 years ago in 1935, FAMILY 1ST OF TEXAS FEDERAL CREDIT UNION has about 1,511 members and employs 8 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | FAMILY 1ST OF TEXAS FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 3501 Western Center Blvd Fort Worth, TX 76137 |
| Phone: | (817) 847-8992 |
| Fax: | (817) 847-0328 |
| Website: | http://www.family1stfcu.org |
| Branches: | 1 branch locations |
| Members: | 1,511 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 678 |
|---|---|
| Membership Type: | Multiple common bond - Primarily federal, state, local government |
| Corporate Credit Union: | No |
| Year Opened: | 1935 |
| Last Audited: | Sep 01, 2020 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $18,226,788 |
| CEO/Manager: | Sandra Szymanski |
| Chairperson: | Richard North |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 1,092,966 |
| TOTAL INVESTMENTS | 758,095 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 6,568,190 |
| Unsecured Loans | 2,256,927 |
| Other Loans | 6,641,601 |
| TOTAL LOANS | 15,466,718 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -119,086 |
| Land And Building | 416,462 |
| Other Fixed Assets | 34,823 |
| NCUSIF Deposit | 136,646 |
| All Other Assets | 440,164 |
| TOTAL ASSETS | 18,226,788 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 236,977 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 1,771,555 |
| Regular shares | 8,285,431 |
| All Other Shares & Deposits | 6,280,100 |
| TOTAL SHARES & DEPOSITS | 16,337,086 |
| TOTAL LIABILITIES | 16,574,063 |
| Regular Reserve | 367,950 |
| Other Reserves | 0 |
| Undivided Earnings | 1,284,775 |
| TOTAL EQUITY | 1,652,725 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 18,226,788 |
| INCOME & EXPENSE | |
| Loan Income | 413,503 |
| Investment Income | 4,817 |
| Other Income | 73,968 |
| Total Employee Compensation & Benefits | 213,916 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 263,979 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 47,969 |
| Cost of Funds | 30,311 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 57,214 |
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