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PASADENA MUNICIPAL FEDERAL CREDIT UNION

Mar, 31, 2021 — PASADENA MUNICIPAL FEDERAL CREDIT UNION is a federal credit union headquartered in Pasadena, TX with 1 branch location and about $13.21 million in total assets. Opened 67 years ago in 1954, PASADENA MUNICIPAL FEDERAL CREDIT UNION has about 1,200 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:1,200
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:$13,207,291
CEO/Manager:Susan T Hardy
Chairperson:Larry Hovey

Call Report

  • ATM/Debit Card Program

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 1,043,365
TOTAL INVESTMENTS 7,155,895
Loans Held for Sale 0
 
 Real Estate Loans 0
 Unsecured Loans 835,269
 Other Loans 4,054,065
 TOTAL LOANS 4,889,334
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -29,437
 Land And Building 42,358
 Other Fixed Assets 3,146
 NCUSIF Deposit 91,030
 All Other Assets 11,600
  TOTAL ASSETS 13,207,291
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 14,619
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 0
 Regular shares 10,820,369
 All Other Shares & Deposits 0
  TOTAL SHARES & DEPOSITS 10,820,369
  TOTAL LIABILITIES 10,834,988
 Regular Reserve 202,322
 Other Reserves 0
 Undivided Earnings 2,169,981
  TOTAL EQUITY 2,372,303
  TOTAL LIABILITIES, SHARES, & EQUITY 13,207,291
INCOME & EXPENSE  
 Loan Income 54,003
 Investment Income 13,636
 Other Income 3,647
 Total Employee Compensation & Benefits 23,415
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 25,414
 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 16,528
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 2,229
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