Credit Unions Near Me
National Credit Union Service Organization

EMPOWERMENT COMMUNITY DEVELOPMENT FEDERAL CREDIT UNION

Dec, 31, 2023 — EMPOWERMENT COMMUNITY DEVELOPMENT FEDERAL CREDIT UNION is a federal credit union headquartered in HOUSTON, TX with 1 branch location and about $1.00 million in total assets. Opened 18 years ago in 2006, EMPOWERMENT COMMUNITY DEVELOPMENT FEDERAL CREDIT UNION has about 627 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:EMPOWERMENT COMMUNITY DEVELOPMENT FEDERAL CREDIT UNION
Address:
(Main Office)
6011 W Orem Dr
HOUSTON, TX 77085-1273
Phone:(713) 726-2515
Fax:(713) 726-2516
Website:https://www.ecdfcu.com
Branches:1 branch locations
Members:627
Credit Union Type:Federal Credit Union
Charter Number:24769
Membership Type:Community credit unions, urban or rural, other than those designated 'low income'
Corporate Credit Union:No
Year Opened:2006
Last Audited:Jun 01, 2023
FHLB Member:No
Low Income Designation:No
Assets:$1,003,135
CEO/Manager:Delores M Gentry
Chairperson:Benjamin Miller

Call Report

  • Payday Alternative Loans (PAL Loans)
  • First Time Homebuyer Program
  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 161,526
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 0
 Unsecured Loans 37,624
 Other Loans 301,606
 TOTAL LOANS 339,230
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -8,659
 Land And Building 27,297
 Other Fixed Assets 0
 NCUSIF Deposit 10,232
 All Other Assets 0
  TOTAL ASSETS 1,003,135
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 0
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 0
 Regular shares 649,707
 All Other Shares & Deposits 276,781
  TOTAL SHARES & DEPOSITS 926,488
  TOTAL LIABILITIES 926,488
 Regular Reserve 0
 Other Reserves 0
 Undivided Earnings 76,647
  TOTAL EQUITY 76,647
  TOTAL LIABILITIES, SHARES, & EQUITY 1,003,135
INCOME & EXPENSE  
 Loan Income 26,020
 Investment Income 15,742
 Other Income 947
 Total Employee Compensation & Benefits 8,225
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 33,581
 Non-operating Income & (Expense) 1,007
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 0
 Cost of Funds 3,516
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) -1,606
↑ Back to Top

Other Credit Unions

BRENTWOOD BAPTIST CHURCH FEDERAL CREDIT UNION
13033 1/2 Landmark St
HOUSTON, TX 77045-3431
TEXAS LEE FEDERAL CREDIT UNION
6918 Corporate Dr # STEA5
HOUSTON, TX 77036-5139
OAK FARMS EMPLOYEES CREDIT UNION
3430 Leeland St
HOUSTON, TX 77003
JAFARI NO-INTEREST CREDIT UNION
2323 S Voss Rd Ste 370
HOUSTON, TX 77057-3820
P.I.E. CREDIT UNION
12320 Main St
HOUSTON, TX 77035-6206
BCM FEDERAL CREDIT UNION
1 Baylor Plz Ste 59E
HOUSTON, TX 77030-3411
BAYOU CITY FEDERAL CREDIT UNION
6414 FANNIN ST STE G50
HOUSTON, TX 77030-1500
CHEVRON TEXAS EMPLOYEES CREDIT UNION
P O Box 42021
HOUSTON, TX 77242
MEMORIAL CREDIT UNION
7789 Southwest fwy Ste 175
HOUSTON, TX 77074-1831
NIZARI PROGRESSIVE FEDERAL CREDIT UNION
14090 Southwest Fwy Ste 260
SUGAR LAND, TX 77478-3678