Dec, 31, 2023 — TEACHERS CREDIT UNION is a federally insured state chartered credit union headquartered in OKLAHOMA CITY, OK with 1 branch location and about $7.02 million in total assets. Opened 89 years ago in 1935, TEACHERS CREDIT UNION has about 2,269 members and employs 3 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
Name: | TEACHERS CREDIT UNION |
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Address: (Main Office) | 2300 NW 23rd St OKLAHOMA CITY, OK 73107 |
Phone: | (405) 232-8288 |
Fax: | (405) 235-0474 |
Website: | https://www.tcuok.org |
Branches: | 1 branch locations |
Members: | 2,269 |
Credit Union Type: | Federally Insured State Chartered Credit Union |
Charter Number: | 65774 |
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Membership Type: | State chartered natural person |
Corporate Credit Union: | No |
Year Opened: | 1935 |
Last Audited: | May 01, 2023 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $7,018,469 |
CEO/Manager: | Lindsay Vera |
Chairperson: | David Clark |
ASSETS: | $ Amount |
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Cash & Equivalents | 278,811 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 0 |
Real Estate Loans | 0 |
Unsecured Loans | 997,526 |
Other Loans | 2,171,716 |
TOTAL LOANS | 3,169,242 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -31,005 |
Land And Building | 375,927 |
Other Fixed Assets | 0 |
NCUSIF Deposit | 54,614 |
All Other Assets | 0 |
TOTAL ASSETS | 7,018,469 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 0 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | -1,686 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 0 |
Regular shares | 4,781,910 |
All Other Shares & Deposits | 0 |
TOTAL SHARES & DEPOSITS | 4,781,909 |
TOTAL LIABILITIES | 4,780,223 |
Regular Reserve | 0 |
Other Reserves | 322,000 |
Undivided Earnings | 1,916,246 |
TOTAL EQUITY | 2,238,246 |
TOTAL LIABILITIES, SHARES, & EQUITY | 7,018,469 |
INCOME & EXPENSE | |
Loan Income | 418,882 |
Investment Income | 62,292 |
Other Income | 33,024 |
Total Employee Compensation & Benefits | 235,034 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 271,295 |
Non-operating Income & (Expense) | 0 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 107,400 |
Cost of Funds | 25,137 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | -124,668 |
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