KILGORE SHELL EMPLOYEES FEDERAL CREDIT UNION is no longer an active credit union according to the NCUA.
Dec, 31, 2023 — KILGORE SHELL EMPLOYEES FEDERAL CREDIT UNION is a federal credit union headquartered in Kilgore, TX with 1 branch location and about $2.42 million in total assets. Opened 88 years ago in 1936, KILGORE SHELL EMPLOYEES FEDERAL CREDIT UNION has about 260 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
Name: | KILGORE SHELL EMPLOYEES FEDERAL CREDIT UNION |
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Address: (Main Office) | 510 E Lantrip St Kilgore, TX 75662-5959 |
Phone: | (903) 984-5654 |
Fax: | (903) 983-3373 |
Website: | n/a |
Branches: | 1 branch locations |
Members: | 260 |
Credit Union Type: | Federal Credit Union |
Charter Number: | 1524 |
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Membership Type: | Multiple common bond - Primarily petroleum refining |
Corporate Credit Union: | No |
Year Opened: | 1936 |
Last Audited: | Oct 01, 2021 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $2,424,160 |
CEO/Manager: | Tammy M Strickland |
Chairperson: | Jimmy Thrower |
ASSETS: | $ Amount |
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Cash & Equivalents | 336,750 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 0 |
Real Estate Loans | 0 |
Unsecured Loans | 5,085 |
Other Loans | 1,496,206 |
TOTAL LOANS | 1,501,291 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -10,368 |
Land And Building | 71,543 |
Other Fixed Assets | 0 |
NCUSIF Deposit | 500 |
All Other Assets | 0 |
TOTAL ASSETS | 2,424,160 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 0 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 6,887 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 0 |
Regular shares | 2,038,684 |
All Other Shares & Deposits | 0 |
TOTAL SHARES & DEPOSITS | 2,038,684 |
TOTAL LIABILITIES | 2,045,571 |
Regular Reserve | 0 |
Other Reserves | 75,000 |
Undivided Earnings | 303,589 |
TOTAL EQUITY | 378,589 |
TOTAL LIABILITIES, SHARES, & EQUITY | 2,424,160 |
INCOME & EXPENSE | |
Loan Income | 55,589 |
Investment Income | 3,163 |
Other Income | 1,362 |
Total Employee Compensation & Benefits | 41,376 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 22,844 |
Non-operating Income & (Expense) | 0 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 5,417 |
Cost of Funds | 1,221 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | -8,628 |
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