Dec, 31, 2023 — W T N M ATLANTIC FEDERAL CREDIT UNION is a federal credit union headquartered in DENVER CITY, TX with 1 branch location and about $1.70 million in total assets. Opened 72 years ago in 1952, W T N M ATLANTIC FEDERAL CREDIT UNION has about 454 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
Name: | W T N M ATLANTIC FEDERAL CREDIT UNION |
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Address: (Main Office) | 320 E Broadway ST Ste B DENVER CITY, TX 79323-3254 |
Phone: | (806) 592-9225 |
Fax: | (806) 592-3330 |
Website: | n/a |
Branches: | 1 branch locations |
Members: | 454 |
Credit Union Type: | Federal Credit Union |
Charter Number: | 7677 |
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Membership Type: | Multiple common bond - Primarily petroleum refining |
Corporate Credit Union: | No |
Year Opened: | 1952 |
Last Audited: | Sep 01, 2023 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $1,695,571 |
CEO/Manager: | Joe English |
Chairperson: | Kay Grandon |
ASSETS: | $ Amount |
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Cash & Equivalents | 195,559 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 0 |
Real Estate Loans | 0 |
Unsecured Loans | 273,334 |
Other Loans | 1,132,670 |
TOTAL LOANS | 1,406,004 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -28,500 |
Land And Building | 0 |
Other Fixed Assets | 70 |
NCUSIF Deposit | 13,028 |
All Other Assets | 0 |
TOTAL ASSETS | 1,695,571 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 4,431 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 4,999 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 0 |
Regular shares | 1,034,769 |
All Other Shares & Deposits | 257,670 |
TOTAL SHARES & DEPOSITS | 1,292,439 |
TOTAL LIABILITIES | 1,301,869 |
Regular Reserve | 0 |
Other Reserves | 87,870 |
Undivided Earnings | 305,832 |
TOTAL EQUITY | 393,702 |
TOTAL LIABILITIES, SHARES, & EQUITY | 1,695,571 |
INCOME & EXPENSE | |
Loan Income | 130,599 |
Investment Income | 6,103 |
Other Income | 2,415 |
Total Employee Compensation & Benefits | 64,829 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 26,014 |
Non-operating Income & (Expense) | 0 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 14,024 |
Cost of Funds | 14,565 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | 19,837 |
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