Dec, 31, 2023 — KBR HERITAGE FEDERAL CREDIT UNION is a federal credit union headquartered in HOUSTON, TX with 1 branch location and about $89.44 million in total assets. Opened 71 years ago in 1953, KBR HERITAGE FEDERAL CREDIT UNION has about 4,608 members and employs 9 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
Name: | KBR HERITAGE FEDERAL CREDIT UNION |
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Address: (Main Office) | 601 JEFFERSON ST # KT-02 HOUSTON, TX 77002 |
Phone: | (713) 753-3022 |
Fax: | (713) 753-7575 |
Website: | https://www.kbrhfcu.org |
Branches: | 1 branch locations |
Members: | 4,608 |
Credit Union Type: | Federal Credit Union |
Charter Number: | 8344 |
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Membership Type: | Manufacturing - All Other |
Corporate Credit Union: | No |
Year Opened: | 1953 |
Last Audited: | Jun 01, 2023 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $89,442,822 |
CEO/Manager: | Regina Lancaster |
Chairperson: | Bill Simister |
ASSETS: | $ Amount |
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Cash & Equivalents | 1,426,802 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 0 |
Real Estate Loans | 16,980,671 |
Unsecured Loans | 6,710,305 |
Other Loans | 20,881,430 |
TOTAL LOANS | 44,572,406 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -207,920 |
Land And Building | 0 |
Other Fixed Assets | 12,688 |
NCUSIF Deposit | 716,271 |
All Other Assets | 0 |
TOTAL ASSETS | 89,442,822 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 16,034 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 572,026 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 16,080,909 |
Regular shares | 42,881,871 |
All Other Shares & Deposits | 14,348,205 |
TOTAL SHARES & DEPOSITS | 73,310,985 |
TOTAL LIABILITIES | 73,899,045 |
Regular Reserve | 0 |
Other Reserves | 0 |
Undivided Earnings | 15,543,777 |
TOTAL EQUITY | 15,543,777 |
TOTAL LIABILITIES, SHARES, & EQUITY | 89,442,822 |
INCOME & EXPENSE | |
Loan Income | 1,852,106 |
Investment Income | 530,214 |
Other Income | 113,535 |
Total Employee Compensation & Benefits | 766,285 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 677,714 |
Non-operating Income & (Expense) | 87,206 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 264,134 |
Cost of Funds | 692,923 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | 265,283 |
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» See also Statement of Financial Condition