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PASADENA MUNICIPAL FEDERAL CREDIT UNION

Jun, 30, 2021 — PASADENA MUNICIPAL FEDERAL CREDIT UNION is a federal credit union headquartered in Pasadena, TX with 1 branch location and about $14.05 million in total assets. Opened 67 years ago in 1954, PASADENA MUNICIPAL FEDERAL CREDIT UNION has about 1,183 members and employs 4 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:PASADENA MUNICIPAL FEDERAL CREDIT UNION
Address:
(Main Office)
p.o. box 1274
Pasadena, TX 77501-1274
Phone:(713) 477-4068
Fax:(713) 472-6957
Website:n/a
Branches:1 branch locations
Members:1,183
Credit Union Type:Federal Credit Union
Charter Number:9246
Membership Type:Federal, State, Local Government
Corporate Credit Union:No
Year Opened:1954
Last Audited:Sep 01, 2020
FHLB Member:No
Low Income Designation:No
Assets:$14,048,921
CEO/Manager:Susan T Hardy
Chairperson:Larry Hovey

Call Report

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 1,250,900
TOTAL INVESTMENTS 7,847,895
Loans Held for Sale 0
 
 Real Estate Loans 0
 Unsecured Loans 758,220
 Other Loans 4,055,438
 TOTAL LOANS 4,813,658
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -29,717
 Land And Building 41,632
 Other Fixed Assets 2,269
 NCUSIF Deposit 100,344
 All Other Assets 21,940
  TOTAL ASSETS 14,048,921
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 72,024
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 0
 Regular shares 11,593,914
 All Other Shares & Deposits 0
  TOTAL SHARES & DEPOSITS 11,593,914
  TOTAL LIABILITIES 11,665,938
 Regular Reserve 202,322
 Other Reserves 0
 Undivided Earnings 2,180,661
  TOTAL EQUITY 2,382,983
  TOTAL LIABILITIES, SHARES, & EQUITY 14,048,921
INCOME & EXPENSE  
 Loan Income 105,552
 Investment Income 25,310
 Other Income 7,867
 Total Employee Compensation & Benefits 47,043
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 48,722
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 3,700
 Cost of Funds 43,690
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 12,909
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