BRAZOSPORT TEACHERS FEDERAL CREDIT UNION is no longer an active credit union according to the NCUA. If available, you can view their website at https://btfcu.net for more information.
Dec, 31, 2023 — BRAZOSPORT TEACHERS FEDERAL CREDIT UNION is a federal credit union headquartered in Clute, TX with 1 branch location and about $47.09 million in total assets. Opened 77 years ago in 1947, BRAZOSPORT TEACHERS FEDERAL CREDIT UNION has about 3,689 members and employs 8 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
Name: | BRAZOSPORT TEACHERS FEDERAL CREDIT UNION |
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Address: (Main Office) | 216 Lakeview Dr. Clute, TX 77531-4454 |
Phone: | (979) 265-5333 |
Fax: | (979) 265-4328 |
Website: | https://btfcu.net |
Branches: | 1 branch locations |
Members: | 3,689 |
Credit Union Type: | Federal Credit Union |
Charter Number: | 5462 |
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Membership Type: | Community credit unions, urban or rural, other than those designated 'low income' |
Corporate Credit Union: | No |
Year Opened: | 1947 |
Last Audited: | Oct 01, 2021 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $47,090,367 |
CEO/Manager: | Donna Butterfras |
Chairperson: | David Bacica |
ASSETS: | $ Amount |
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Cash & Equivalents | 7,762,876 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 0 |
Real Estate Loans | 2,093,696 |
Unsecured Loans | 3,935,752 |
Other Loans | 13,745,626 |
TOTAL LOANS | 19,775,074 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -55,757 |
Land And Building | 2 |
Other Fixed Assets | 247,279 |
NCUSIF Deposit | 329,606 |
All Other Assets | 0 |
TOTAL ASSETS | 47,090,367 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 0 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 242,826 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 5,661,558 |
Regular shares | 26,274,011 |
All Other Shares & Deposits | 6,442,767 |
TOTAL SHARES & DEPOSITS | 38,378,336 |
TOTAL LIABILITIES | 38,621,162 |
Regular Reserve | 0 |
Other Reserves | 733,732 |
Undivided Earnings | 7,735,473 |
TOTAL EQUITY | 8,469,205 |
TOTAL LIABILITIES, SHARES, & EQUITY | 47,090,367 |
INCOME & EXPENSE | |
Loan Income | 273,076 |
Investment Income | 35,963 |
Other Income | 141,566 |
Total Employee Compensation & Benefits | 171,642 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 218,413 |
Non-operating Income & (Expense) | 0 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 15,000 |
Cost of Funds | 23,383 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | 137,548 |
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