Dec, 31, 2023 — LITTLEFIELD SCHOOL EMPLOYEES FEDERAL CREDIT UNION is a federal credit union headquartered in LITTLEFIELD, TX with 1 branch location and about $1.32 million in total assets. Opened 66 years ago in 1958, LITTLEFIELD SCHOOL EMPLOYEES FEDERAL CREDIT UNION has about 221 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | LITTLEFIELD SCHOOL EMPLOYEES FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 1500 Marshall Howard Blvd LITTLEFIELD, TX 79339-5934 |
| Phone: | (806) 385-4791 |
| Fax: | (806) 385-4791 |
| Website: | n/a |
| Branches: | 1 branch locations |
| Members: | 221 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 12289 |
|---|---|
| Membership Type: | Educational |
| Corporate Credit Union: | No |
| Year Opened: | 1958 |
| Last Audited: | Sep 01, 2023 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $1,317,565 |
| CEO/Manager: | Cari McCurry |
| Chairperson: | Pamela Trotter |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 257,272 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 0 |
| Unsecured Loans | 220,532 |
| Other Loans | 363,188 |
| TOTAL LOANS | 583,720 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -3,950 |
| Land And Building | 0 |
| Other Fixed Assets | 2,523 |
| NCUSIF Deposit | 12,469 |
| All Other Assets | 0 |
| TOTAL ASSETS | 1,317,565 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 2,437 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 2,855 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 0 |
| Regular shares | 1,129,476 |
| All Other Shares & Deposits | 0 |
| TOTAL SHARES & DEPOSITS | 1,129,476 |
| TOTAL LIABILITIES | 1,134,768 |
| Regular Reserve | 0 |
| Other Reserves | 19,820 |
| Undivided Earnings | 162,977 |
| TOTAL EQUITY | 182,797 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 1,317,565 |
| INCOME & EXPENSE | |
| Loan Income | 38,657 |
| Investment Income | 8,195 |
| Other Income | 95 |
| Total Employee Compensation & Benefits | 21,255 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 12,793 |
| Non-operating Income & (Expense) | 12 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 0 |
| Cost of Funds | 10,256 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 2,655 |
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