Dec, 31, 2023 — PORT ARTHUR COMMUNITY FEDERAL CREDIT UNION is a federal credit union headquartered in PORT ARTHUR, TX with 1 branch location and about $20.38 million in total assets. Opened 74 years ago in 1950, PORT ARTHUR COMMUNITY FEDERAL CREDIT UNION has about 2,373 members and employs 11 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
Name: | PORT ARTHUR COMMUNITY FEDERAL CREDIT UNION |
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Address: (Main Office) | 3100 Central Mall Dr PORT ARTHUR, TX 77642 |
Phone: | (409) 729-7938 |
Fax: | (409) 729-7948 |
Website: | http//www.pac-fcu.com |
Branches: | 1 branch locations |
Members: | 2,373 |
Credit Union Type: | Federal Credit Union |
Charter Number: | 7023 |
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Membership Type: | Community credit unions, urban or rural, other than those designated 'low income' |
Corporate Credit Union: | No |
Year Opened: | 1950 |
Last Audited: | Dec 01, 2022 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $20,380,804 |
CEO/Manager: | Sabrina D Miguez |
Chairperson: | Gene E Christian |
ASSETS: | $ Amount |
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Cash & Equivalents | 2,042,839 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 0 |
Real Estate Loans | 2,816,560 |
Unsecured Loans | 2,256,246 |
Other Loans | 9,615,846 |
TOTAL LOANS | 14,688,652 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -156,724 |
Land And Building | 884,062 |
Other Fixed Assets | 115,743 |
NCUSIF Deposit | 171,555 |
All Other Assets | 0 |
TOTAL ASSETS | 20,380,804 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 0 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 399,567 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 2,395,260 |
Regular shares | 9,745,031 |
All Other Shares & Deposits | 5,168,009 |
TOTAL SHARES & DEPOSITS | 17,308,300 |
TOTAL LIABILITIES | 17,707,867 |
Regular Reserve | 0 |
Other Reserves | 0 |
Undivided Earnings | 2,672,937 |
TOTAL EQUITY | 2,672,937 |
TOTAL LIABILITIES, SHARES, & EQUITY | 20,380,804 |
INCOME & EXPENSE | |
Loan Income | 955,790 |
Investment Income | 54,150 |
Other Income | 136,524 |
Total Employee Compensation & Benefits | 529,913 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 586,622 |
Non-operating Income & (Expense) | 0 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 50,118 |
Cost of Funds | 96,686 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | 65,079 |
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» See also Statement of Financial Condition