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TEXACO OF HOUMA CREDIT UNION

Dec, 31, 2023 — TEXACO OF HOUMA CREDIT UNION is a federally insured state chartered credit union headquartered in HOUMA, LA with 1 branch location and about $3.47 million in total assets. Opened 75 years ago in 1949, TEXACO OF HOUMA CREDIT UNION has about 1,557 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:TEXACO OF HOUMA CREDIT UNION
Address:
(Main Office)
P.O BOX 4253
HOUMA, LA 70361
Phone:(985) 868-9644
Fax:(985) 868-4436
Website:n/a
Branches:1 branch locations
Members:1,557
Credit Union Type:Federally Insured State Chartered Credit Union
Charter Number:62927
Membership Type:State chartered natural person
Corporate Credit Union:No
Year Opened:1949
Last Audited:Oct 01, 2020
FHLB Member:No
Low Income Designation:No
Assets:$3,467,347
CEO/Manager:Tina Dugas
Chairperson:Chester Champagne

Call Report

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 940,664
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 0
 Unsecured Loans 248,351
 Other Loans 1,749,124
 TOTAL LOANS 1,997,475
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -3,383
 Land And Building 0
 Other Fixed Assets 4,090
 NCUSIF Deposit 29,501
 All Other Assets 0
  TOTAL ASSETS 3,467,347
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 4,341
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 0
 Regular shares 2,659,172
 All Other Shares & Deposits 0
  TOTAL SHARES & DEPOSITS 2,659,172
  TOTAL LIABILITIES 2,663,513
 Regular Reserve 0
 Other Reserves 0
 Undivided Earnings 803,834
  TOTAL EQUITY 803,834
  TOTAL LIABILITIES, SHARES, & EQUITY 3,467,347
INCOME & EXPENSE  
 Loan Income 25,029
 Investment Income 136
 Other Income 85
 Total Employee Compensation & Benefits 8,819
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 63,012
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense -226,877
 Cost of Funds 2,600
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 177,696
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