C-E FEDERAL CREDIT UNION is no longer an active credit union according to the NCUA. If available, you can view their website at https://www.cefedcu.org for more information.
Dec, 31, 2023 — C-E FEDERAL CREDIT UNION (CEFEDCU) is a federal credit union headquartered in HOUSTON, TX with 2 branch locations and about $25.67 million in total assets. Opened 84 years ago in 1940, C-E FEDERAL CREDIT UNION (CEFEDCU) has about 3,404 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: | C-E FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 7002 FAUNA ST HOUSTON, TX 77061 |
| Phone: | (713) 645-4961 |
| Fax: | (713) 645-8043 |
| Website: | https://www.cefedcu.org |
| Branches: | 2 branch locations |
| Members: | 3,404 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 3833 |
|---|---|
| Membership Type: | Multiple common bond - Primarily machinery |
| Corporate Credit Union: | No |
| Year Opened: | 1940 |
| Last Audited: | Jun 01, 2020 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $25,674,578 |
| CEO/Manager: | Jerry Shrode |
| Chairperson: | Eddie Valverde |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 8,331,521 |
| TOTAL INVESTMENTS | 5,006,597 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 0 |
| Unsecured Loans | 2,666,067 |
| Other Loans | 9,406,825 |
| TOTAL LOANS | 12,072,892 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -148,360 |
| Land And Building | 142,513 |
| Other Fixed Assets | 50,547 |
| NCUSIF Deposit | 201,949 |
| All Other Assets | 16,919 |
| TOTAL ASSETS | 25,674,578 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 304,062 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 3,582,905 |
| Regular shares | 16,773,060 |
| All Other Shares & Deposits | 3,274,642 |
| TOTAL SHARES & DEPOSITS | 23,630,607 |
| TOTAL LIABILITIES | 23,934,669 |
| Regular Reserve | 604,126 |
| Other Reserves | 0 |
| Undivided Earnings | 1,135,783 |
| TOTAL EQUITY | 1,739,909 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 25,674,578 |
| INCOME & EXPENSE | |
| Loan Income | 668,250 |
| Investment Income | 15,654 |
| Other Income | 126,124 |
| Total Employee Compensation & Benefits | 267,488 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 804,285 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 126,600 |
| Cost of Funds | 19,446 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | -99,296 |
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