Dec, 31, 2023 — ENERGY CAPITAL CREDIT UNION is a federally insured state chartered credit union headquartered in HOUSTON, TX with 4 branch locations and about $267.44 million in total assets. Opened 89 years ago in 1935, ENERGY CAPITAL CREDIT UNION has about 18,480 members and employs 48 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
Name: | ENERGY CAPITAL CREDIT UNION |
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Address: (Main Office) | 18540 Northwest Fwy HOUSTON, TX 77065 |
Phone: | (832) 604-4848 |
Fax: | (832) 604-4854 |
Website: | https://www.eccu.net |
Branches: | 4 branch locations |
Members: | 18,480 |
Credit Union Type: | Federally Insured State Chartered Credit Union |
Charter Number: | 61936 |
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Membership Type: | State chartered natural person |
Corporate Credit Union: | No |
Year Opened: | 1935 |
Last Audited: | Jun 01, 2023 |
FHLB Member: | Yes |
Low Income Designation: | No |
Assets: | $267,443,775 |
CEO/Manager: | Kanika Boutte |
Chairperson: | Detra Johnson |
ASSETS: | $ Amount |
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Cash & Equivalents | 24,948,730 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 0 |
Real Estate Loans | 38,945,243 |
Unsecured Loans | 18,053,570 |
Other Loans | 151,374,212 |
TOTAL LOANS | 208,373,025 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -2,493,453 |
Land And Building | 6,496,526 |
Other Fixed Assets | 3,872,293 |
NCUSIF Deposit | 2,099,929 |
All Other Assets | 1,087,954 |
TOTAL ASSETS | 267,443,775 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 369,484 |
Notes & Interest Payable | 6,600,000 |
Accounts Payable & Other Liabilities | 2,037,013 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 81,904,857 |
Regular shares | 70,650,894 |
All Other Shares & Deposits | 81,619,851 |
TOTAL SHARES & DEPOSITS | 234,175,602 |
TOTAL LIABILITIES | 243,182,099 |
Regular Reserve | 0 |
Other Reserves | -1,486,005 |
Undivided Earnings | 25,747,681 |
TOTAL EQUITY | 24,261,676 |
TOTAL LIABILITIES, SHARES, & EQUITY | 267,443,775 |
INCOME & EXPENSE | |
Loan Income | 10,250,684 |
Investment Income | 1,145,214 |
Other Income | 1,265,904 |
Total Employee Compensation & Benefits | 4,520,003 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 4,677,795 |
Non-operating Income & (Expense) | 341,880 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 1,426,965 |
Cost of Funds | 3,375,574 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | 125,932 |
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