Dec, 31, 2020 — RELYON CREDIT UNION is a federally insured state chartered credit union headquartered in Dallas, TX with 3 branch locations and about $82.96 million in total assets. Opened 69 years ago in 1952, RELYON CREDIT UNION has about 7,163 members and employs 32 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: | 7,163 |
| 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: | $82,959,253 |
| CEO/Manager: | Sarah Spooner |
| Chairperson: | David Knop |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 9,518,416 |
| TOTAL INVESTMENTS | 5,910,596 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 1,839,130 |
| Unsecured Loans | 6,231,840 |
| Other Loans | 55,342,767 |
| TOTAL LOANS | 63,413,737 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -301,680 |
| Land And Building | 1,683,814 |
| Other Fixed Assets | 1,261,684 |
| NCUSIF Deposit | 670,628 |
| All Other Assets | 802,058 |
| TOTAL ASSETS | 82,959,253 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 197 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 1,623,937 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 16,152,626 |
| Regular shares | 20,380,478 |
| All Other Shares & Deposits | 38,906,316 |
| TOTAL SHARES & DEPOSITS | 75,439,420 |
| TOTAL LIABILITIES | 77,063,554 |
| Regular Reserve | 955,623 |
| Other Reserves | -38,306 |
| Undivided Earnings | 4,978,382 |
| TOTAL EQUITY | 5,895,699 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 82,959,253 |
| INCOME & EXPENSE | |
| Loan Income | 3,640,978 |
| Investment Income | 176,103 |
| Other Income | 1,432,426 |
| Total Employee Compensation & Benefits | 2,238,201 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 2,366,135 |
| Non-operating Income & (Expense) | 63,104 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 304,120 |
| Cost of Funds | 369,939 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 34,216 |
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