Dec, 31, 2023 — HOUSTON HIGHWAY CREDIT UNION is a federally insured state chartered credit union headquartered in HOUSTON, TX with 1 branch location and about $47.77 million in total assets. Opened 72 years ago in 1952, HOUSTON HIGHWAY CREDIT UNION has about 3,415 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: | HOUSTON HIGHWAY CREDIT UNION |
---|---|
Address: (Main Office) | 8120 Washington Ave HOUSTON, TX 77007 |
Phone: | (713) 864-4438 |
Fax: | (713) 864-1714 |
Website: | https://www.houstonhighwaycu.com |
Branches: | 1 branch locations |
Members: | 3,415 |
Credit Union Type: | Federally Insured State Chartered Credit Union |
Charter Number: | 67627 |
---|---|
Membership Type: | State chartered natural person |
Corporate Credit Union: | No |
Year Opened: | 1952 |
Last Audited: | Mar 01, 2023 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $47,770,974 |
CEO/Manager: | David J Gerow |
Chairperson: | Mike Alford |
ASSETS: | $ Amount |
---|---|
Cash & Equivalents | 4,250,580 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 0 |
Real Estate Loans | 5,148,602 |
Unsecured Loans | 3,713,725 |
Other Loans | 21,304,115 |
TOTAL LOANS | 30,166,442 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -446,586 |
Land And Building | 2,079,046 |
Other Fixed Assets | 163,660 |
NCUSIF Deposit | 448,384 |
All Other Assets | 361,055 |
TOTAL ASSETS | 47,770,974 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 0 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 270,013 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 9,723,417 |
Regular shares | 24,312,196 |
All Other Shares & Deposits | 10,372,346 |
TOTAL SHARES & DEPOSITS | 44,407,959 |
TOTAL LIABILITIES | 44,677,972 |
Regular Reserve | 0 |
Other Reserves | -369,732 |
Undivided Earnings | 3,462,734 |
TOTAL EQUITY | 3,093,002 |
TOTAL LIABILITIES, SHARES, & EQUITY | 47,770,974 |
INCOME & EXPENSE | |
Loan Income | 1,748,063 |
Investment Income | 101,457 |
Other Income | 378,766 |
Total Employee Compensation & Benefits | 53,656 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 1,137,258 |
Non-operating Income & (Expense) | 87,737 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 90,874 |
Cost of Funds | 180,787 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | 877,033 |
↑ Back to Top |