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BRAZOS COMMUNITY CREDIT UNION

Dec, 31, 2023 — BRAZOS COMMUNITY CREDIT UNION is a federally insured state chartered credit union headquartered in LIVERPOOL, TX with 1 branch location and about $26.00 million in total assets. Opened 54 years ago in 1970, BRAZOS COMMUNITY CREDIT UNION has about 2,295 members and employs 6 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:BRAZOS COMMUNITY CREDIT UNION
Address:
(Main Office)
16000 FM 2004
LIVERPOOL, TX 77577
Phone:(281) 581-3269
Fax:(281) 581-3833
Website:https://www.brazosccu.org
Branches:1 branch locations
Members:2,295
Credit Union Type:Federally Insured State Chartered Credit Union
Charter Number:67510
Membership Type:State chartered natural person
Corporate Credit Union:No
Year Opened:1970
Last Audited:Dec 01, 2022
FHLB Member:No
Low Income Designation:No
Assets:$25,996,881
CEO/Manager:Wesley W Shaw
Chairperson:David Montemayor Jr.

Call Report

  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 3,236,695
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 921,649
 Unsecured Loans 3,733,651
 Other Loans 18,158,414
 TOTAL LOANS 22,813,714
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -501,169
 Land And Building 54,920
 Other Fixed Assets 58,625
 NCUSIF Deposit 196,392
 All Other Assets 0
  TOTAL ASSETS 25,996,881
LIABILITIES & CAPITAL:  
 Dividends Payable 1,706
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 181,736
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 2,929,793
 Regular shares 6,269,363
 All Other Shares & Deposits 11,727,937
  TOTAL SHARES & DEPOSITS 20,927,093
  TOTAL LIABILITIES 21,110,535
 Regular Reserve 0
 Other Reserves 0
 Undivided Earnings 4,886,346
  TOTAL EQUITY 4,886,346
  TOTAL LIABILITIES, SHARES, & EQUITY 25,996,881
INCOME & EXPENSE  
 Loan Income 1,573,156
 Investment Income 104,396
 Other Income 132,835
 Total Employee Compensation & Benefits 566,137
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 433,808
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 398,087
 Cost of Funds 459,226
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 57,689
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