Dec, 31, 2021 — KBR HERITAGE FEDERAL CREDIT UNION is a federal credit union headquartered in HOUSTON, TX with 1 branch location and about $90.08 million in total assets. Opened 69 years ago in 1953, KBR HERITAGE FEDERAL CREDIT UNION has about 4,871 members and employs 10 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 |
|---|---|
| Address: (Main Office) | 601 JEFFERSON ST # KT-02 HOUSTON, TX 77002 |
| Phone: | (713) 753-3022 |
| Fax: | (713) 753-7575 |
| Website: | http://www.kbrhfcu.org |
| Branches: | 1 branch locations |
| Members: | 4,871 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 8344 |
|---|---|
| Membership Type: | Manufacturing - All Other |
| Corporate Credit Union: | No |
| Year Opened: | 1953 |
| Last Audited: | Sep 01, 2021 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $90,084,726 |
| CEO/Manager: | Regina Lancaster |
| Chairperson: | Bill Simister |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 13,110,819 |
| TOTAL INVESTMENTS | 44,846,381 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 9,875,133 |
| Unsecured Loans | 5,420,167 |
| Other Loans | 11,546,448 |
| TOTAL LOANS | 26,841,748 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -381,090 |
| Land And Building | 0 |
| Other Fixed Assets | 16,047 |
| NCUSIF Deposit | 731,370 |
| All Other Assets | 4,919,451 |
| TOTAL ASSETS | 90,084,726 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 24 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 215,124 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 15,929,108 |
| Regular shares | 58,397,154 |
| All Other Shares & Deposits | 1,650,458 |
| TOTAL SHARES & DEPOSITS | 75,976,720 |
| TOTAL LIABILITIES | 76,191,868 |
| Regular Reserve | 2,248,621 |
| Other Reserves | 0 |
| Undivided Earnings | 11,644,237 |
| TOTAL EQUITY | 13,892,858 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 90,084,726 |
| INCOME & EXPENSE | |
| Loan Income | 1,307,551 |
| Investment Income | 516,345 |
| Other Income | 112,431 |
| Total Employee Compensation & Benefits | 652,133 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 794,047 |
| Non-operating Income & (Expense) | 86,019 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 41,864 |
| Cost of Funds | 54,312 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 768,121 |
| ↑ Back to Top | |