Dec, 31, 2021 — LONE STAR CREDIT UNION is a federally insured state chartered credit union headquartered in DALLAS, TX with 3 branch locations and about $160.12 million in total assets. Opened 55 years ago in 1967, LONE STAR CREDIT UNION has about 10,611 members and employs 35 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | LONE STAR CREDIT UNION |
|---|---|
| Address: (Main Office) | 7508 Ferguson Rd DALLAS, TX 75228 |
| Phone: | (214) 327-9367 |
| Fax: | (214) 217-8149 |
| Website: | http://www.lonestarcu.org |
| Branches: | 3 branch locations |
| Members: | 10,611 |
| Credit Union Type: | Federally Insured State Chartered Credit Union |
| Charter Number: | 68449 |
|---|---|
| Membership Type: | State chartered natural person |
| Corporate Credit Union: | No |
| Year Opened: | 1967 |
| Last Audited: | Jun 01, 2021 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $160,116,872 |
| CEO/Manager: | Becky Reed |
| Chairperson: | Wayne Price |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 19,506,290 |
| TOTAL INVESTMENTS | 22,809,492 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 45,837,072 |
| Unsecured Loans | 6,782,911 |
| Other Loans | 52,832,615 |
| TOTAL LOANS | 105,509,536 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -448,567 |
| Land And Building | 6,481,731 |
| Other Fixed Assets | 1,035,730 |
| NCUSIF Deposit | 1,324,999 |
| All Other Assets | 3,897,661 |
| TOTAL ASSETS | 160,116,872 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 87,431 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 658,635 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 34,058,893 |
| Regular shares | 71,145,309 |
| All Other Shares & Deposits | 41,855,298 |
| TOTAL SHARES & DEPOSITS | 147,059,500 |
| TOTAL LIABILITIES | 147,805,566 |
| Regular Reserve | 2,999,952 |
| Other Reserves | -212,616 |
| Undivided Earnings | 9,523,970 |
| TOTAL EQUITY | 12,311,306 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 160,116,872 |
| INCOME & EXPENSE | |
| Loan Income | 4,470,572 |
| Investment Income | 331,600 |
| Other Income | 1,471,499 |
| Total Employee Compensation & Benefits | 2,827,622 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 3,010,990 |
| Non-operating Income & (Expense) | -4,316 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 85,908 |
| Cost of Funds | 381,138 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 1,391,610 |
| ↑ Back to Top | |