Dec, 31, 2023 — ANGELINA COUNTY TEACHERS CREDIT UNION is a federally insured state chartered credit union headquartered in LUFKIN, TX with 0 branch location and about $13.37 million in total assets. Opened 70 years ago in 1954, ANGELINA COUNTY TEACHERS CREDIT UNION has about 1,847 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: | ANGELINA COUNTY TEACHERS CREDIT UNION |
|---|---|
| Address: (Main Office) | 402 S Medford Dr LUFKIN, TX 75901-5244 |
| Phone: | (936) 634-7922 |
| Fax: | (936) 634-7978 |
| Website: | https://actcu.net |
| Branches: | 0 branch locations |
| Members: | 1,847 |
| Credit Union Type: | Federally Insured State Chartered Credit Union |
| Charter Number: | 67440 |
|---|---|
| Membership Type: | State chartered natural person |
| Corporate Credit Union: | No |
| Year Opened: | 1954 |
| Last Audited: | Mar 01, 2023 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $13,369,750 |
| CEO/Manager: | PHYLLIS DAVIS |
| Chairperson: | STEPHEN RHOADES |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 574,580 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 0 |
| Unsecured Loans | 1,095,575 |
| Other Loans | 4,277,694 |
| TOTAL LOANS | 5,373,269 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -32,000 |
| Land And Building | 54,648 |
| Other Fixed Assets | 3,475 |
| NCUSIF Deposit | 122,824 |
| All Other Assets | 0 |
| TOTAL ASSETS | 13,369,750 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 39,205 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 446,629 |
| Regular shares | 10,877,112 |
| All Other Shares & Deposits | 159,671 |
| TOTAL SHARES & DEPOSITS | 11,483,411 |
| TOTAL LIABILITIES | 11,522,616 |
| Regular Reserve | 0 |
| Other Reserves | 0 |
| Undivided Earnings | 1,847,134 |
| TOTAL EQUITY | 1,847,134 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 13,369,750 |
| INCOME & EXPENSE | |
| Loan Income | 311,910 |
| Investment Income | 91,614 |
| Other Income | 34,674 |
| Total Employee Compensation & Benefits | 227,137 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 179,612 |
| Non-operating Income & (Expense) | 5,220 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | -1,806 |
| Cost of Funds | 22,426 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 26,638 |
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