Mar, 31, 2021 — FAMILY 1ST OF TEXAS FEDERAL CREDIT UNION is a federal credit union headquartered in Fort Worth, TX with 1 branch location and about $17.66 million in total assets. Opened 86 years ago in 1935, FAMILY 1ST OF TEXAS FEDERAL CREDIT UNION has about 1,530 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: | 1,530 |
| 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: | $17,659,010 |
| CEO/Manager: | Sandra Szymanski |
| Chairperson: | Richard North |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 818,614 |
| TOTAL INVESTMENTS | 758,095 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 6,641,230 |
| Unsecured Loans | 2,319,551 |
| Other Loans | 6,353,332 |
| TOTAL LOANS | 15,314,113 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -105,872 |
| Land And Building | 421,161 |
| Other Fixed Assets | 39,235 |
| NCUSIF Deposit | 135,440 |
| All Other Assets | 278,224 |
| TOTAL ASSETS | 17,659,010 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 204,292 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 1,951,566 |
| Regular shares | 7,670,553 |
| All Other Shares & Deposits | 6,233,523 |
| TOTAL SHARES & DEPOSITS | 15,855,642 |
| TOTAL LIABILITIES | 16,059,934 |
| Regular Reserve | 367,950 |
| Other Reserves | 0 |
| Undivided Earnings | 1,231,126 |
| TOTAL EQUITY | 1,599,076 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 17,659,010 |
| INCOME & EXPENSE | |
| Loan Income | 195,349 |
| Investment Income | 2,405 |
| Other Income | 44,426 |
| Total Employee Compensation & Benefits | 103,838 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 128,181 |
| Non-operating Income & (Expense) | 22,364 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 12,912 |
| Cost of Funds | 16,047 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 3,566 |
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