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PASADENA MUNICIPAL FEDERAL CREDIT UNION

Jun, 30, 2023 — PASADENA MUNICIPAL FEDERAL CREDIT UNION is a federal credit union headquartered in PASADENA, TX with 1 branch location and about $13.92 million in total assets. Opened 70 years ago in 1954, PASADENA MUNICIPAL FEDERAL CREDIT UNION has about 1,144 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)
1155 Strawberry Rd
PASADENA, TX 77506-4837
Phone:(713) 477-4068
Fax:(713) 472-6957
Website:n/a
Branches:1 branch locations
Members:1,144
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, 2021
FHLB Member:No
Low Income Designation:No
Assets:$13,915,834
CEO/Manager:Susan T Hardy
Chairperson:Larry Hovey

Call Report

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 1,181,826
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 0
 Unsecured Loans 682,607
 Other Loans 4,003,107
 TOTAL LOANS 4,685,714
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -28,283
 Land And Building 32,586
 Other Fixed Assets 7,843
 NCUSIF Deposit 116,088
 All Other Assets 0
  TOTAL ASSETS 13,915,834
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 20,234
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 0
 Regular shares 11,449,772
 All Other Shares & Deposits 0
  TOTAL SHARES & DEPOSITS 11,449,772
  TOTAL LIABILITIES 11,470,006
 Regular Reserve 0
 Other Reserves 202,322
 Undivided Earnings 2,243,506
  TOTAL EQUITY 2,445,828
  TOTAL LIABILITIES, SHARES, & EQUITY 13,915,834
INCOME & EXPENSE  
 Loan Income 152,495
 Investment Income 34,937
 Other Income 7,778
 Total Employee Compensation & Benefits 68,101
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 77,108
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 0
 Cost of Funds 66,000
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 52,221
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