Dec, 31, 2021 — RELYON CREDIT UNION is a federally insured state chartered credit union headquartered in DALLAS, TX with 3 branch locations and about $85.11 million in total assets. Opened 70 years ago in 1952, RELYON CREDIT UNION has about 7,806 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 75235-1717 |
| Phone: | (214) 357-3328 |
| Fax: | (214) 357-3299 |
| Website: | http://www.relyoncu.org |
| Branches: | 3 branch locations |
| Members: | 7,806 |
| 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, 2021 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $85,106,036 |
| CEO/Manager: | Sarah Spooner |
| Chairperson: | David Knop |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 8,910,192 |
| TOTAL INVESTMENTS | 3,696,232 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 1,169,328 |
| Unsecured Loans | 5,845,969 |
| Other Loans | 61,689,755 |
| TOTAL LOANS | 68,705,052 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -566,570 |
| Land And Building | 2,005,054 |
| Other Fixed Assets | 943,018 |
| NCUSIF Deposit | 757,915 |
| All Other Assets | 655,143 |
| TOTAL ASSETS | 85,106,036 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 1,989,733 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 15,737,374 |
| Regular shares | 25,358,257 |
| All Other Shares & Deposits | 35,844,021 |
| TOTAL SHARES & DEPOSITS | 76,939,652 |
| TOTAL LIABILITIES | 78,929,385 |
| Regular Reserve | 955,623 |
| Other Reserves | -32,493 |
| Undivided Earnings | 5,253,521 |
| TOTAL EQUITY | 6,176,651 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 85,106,036 |
| INCOME & EXPENSE | |
| Loan Income | 4,436,605 |
| Investment Income | 106,695 |
| Other Income | 733,814 |
| Total Employee Compensation & Benefits | 2,485,085 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 2,680,324 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 671,720 |
| Cost of Funds | 340,874 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 275,139 |
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