Jun, 30, 2021 — RELYON CREDIT UNION is a federally insured state chartered credit union headquartered in Dallas, TX with 3 branch locations and about $89.19 million in total assets. Opened 69 years ago in 1952, RELYON CREDIT UNION has about 7,540 members and employs 33 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | RELYON CREDIT UNION |
|---|---|
| Address: (Main Office) | 8989 Harry Hines Blvd Dallas, TX 75235 |
| Phone: | (214) 357-3328 |
| Fax: | (214) 357-3299 |
| Website: | http://www.relyoncu.org |
| Branches: | 3 branch locations |
| Members: | 7,540 |
| Credit Union Type: | Federally Insured State Chartered Credit Union |
| Charter Number: | 68325 |
|---|---|
| Membership Type: | State chartered natural person |
| Corporate Credit Union: | No |
| Year Opened: | 1952 |
| Last Audited: | Sep 01, 2020 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $89,190,940 |
| CEO/Manager: | Sarah Spooner |
| Chairperson: | David Knop |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 16,328,199 |
| TOTAL INVESTMENTS | 4,301,477 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 1,229,097 |
| Unsecured Loans | 5,722,254 |
| Other Loans | 57,459,986 |
| TOTAL LOANS | 64,411,337 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -375,330 |
| Land And Building | 2,066,355 |
| Other Fixed Assets | 834,339 |
| NCUSIF Deposit | 724,738 |
| All Other Assets | 899,825 |
| TOTAL ASSETS | 89,190,940 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 590 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 2,836,583 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 17,257,393 |
| Regular shares | 22,968,947 |
| All Other Shares & Deposits | 39,897,466 |
| TOTAL SHARES & DEPOSITS | 80,123,806 |
| TOTAL LIABILITIES | 82,960,979 |
| Regular Reserve | 955,623 |
| Other Reserves | -33,092 |
| Undivided Earnings | 5,307,430 |
| TOTAL EQUITY | 6,229,961 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 89,190,940 |
| INCOME & EXPENSE | |
| Loan Income | 2,162,827 |
| Investment Income | 56,841 |
| Other Income | 326,266 |
| Total Employee Compensation & Benefits | 1,238,260 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 1,267,836 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 226,532 |
| Cost of Funds | 182,192 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 329,048 |
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