Dec, 31, 2023 — I.B.E.W. LU 66 FEDERAL CREDIT UNION is a federal credit union headquartered in PASADENA, TX with 1 branch location and about $10.46 million in total assets. Opened 53 years ago in 1971, I.B.E.W. LU 66 FEDERAL CREDIT UNION has about 1,345 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: | I.B.E.W. LU 66 FEDERAL CREDIT UNION |
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Address: (Main Office) | 4345 ALLEN GENOA RD PASADENA, TX 77504 |
Phone: | (713) 946-6513 |
Fax: | (713) 946-1939 |
Website: | https://www.mycu66.org |
Branches: | 1 branch locations |
Members: | 1,345 |
Credit Union Type: | Federal Credit Union |
Charter Number: | 20469 |
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Membership Type: | Associational - Other than religious or fraternal, or 'low-income' |
Corporate Credit Union: | No |
Year Opened: | 1971 |
Last Audited: | Sep 01, 2023 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $10,456,859 |
CEO/Manager: | Angela H Berry |
Chairperson: | Bruce G Bettilyon |
ASSETS: | $ Amount |
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Cash & Equivalents | 626,262 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 0 |
Real Estate Loans | 0 |
Unsecured Loans | 1,016,783 |
Other Loans | 7,051,216 |
TOTAL LOANS | 8,067,999 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -142,776 |
Land And Building | 0 |
Other Fixed Assets | 0 |
NCUSIF Deposit | 91,071 |
All Other Assets | 0 |
TOTAL ASSETS | 10,456,859 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 0 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 245,339 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 649,691 |
Regular shares | 7,442,394 |
All Other Shares & Deposits | 844,039 |
TOTAL SHARES & DEPOSITS | 8,936,123 |
TOTAL LIABILITIES | 9,181,462 |
Regular Reserve | 0 |
Other Reserves | 0 |
Undivided Earnings | 1,275,397 |
TOTAL EQUITY | 1,275,397 |
TOTAL LIABILITIES, SHARES, & EQUITY | 10,456,859 |
INCOME & EXPENSE | |
Loan Income | 484,625 |
Investment Income | 68,845 |
Other Income | 70,231 |
Total Employee Compensation & Benefits | 244,829 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 225,343 |
Non-operating Income & (Expense) | 0 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 56,638 |
Cost of Funds | 31,984 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | 109,540 |
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