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LONGVIEW FEDERAL CREDIT UNION

Dec, 31, 2023 — LONGVIEW FEDERAL CREDIT UNION is a federal credit union headquartered in WHITE OAK, TX with 1 branch location and about $3.66 million in total assets. Opened 88 years ago in 1936, LONGVIEW FEDERAL CREDIT UNION has about 535 members and employs 4 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:LONGVIEW FEDERAL CREDIT UNION
Address:
(Main Office)
108 Carmon Ct
WHITE OAK, TX 75693
Phone:(903) 297-4522
Fax:(903) 297-0666
Website:n/a
Branches:1 branch locations
Members:535
Credit Union Type:Federal Credit Union
Charter Number:1130
Membership Type:Manufacturing - Petroleum Refining
Corporate Credit Union:No
Year Opened:1936
Last Audited:Dec 01, 2022
FHLB Member:No
Low Income Designation:No
Assets:$3,664,918
CEO/Manager:Rachel N Ochoa
Chairperson:Jim O Poole

Call Report

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 63,493
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 0
 Unsecured Loans 96,692
 Other Loans 2,899,426
 TOTAL LOANS 2,996,118
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -14,055
 Land And Building 128,777
 Other Fixed Assets 8,744
 NCUSIF Deposit 30,661
 All Other Assets 0
  TOTAL ASSETS 3,664,918
LIABILITIES & CAPITAL:  
 Dividends Payable 2,945
 Notes & Interest Payable 160,000
 Accounts Payable & Other Liabilities 14,542
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 0
 Regular shares 2,700,566
 All Other Shares & Deposits 0
  TOTAL SHARES & DEPOSITS 2,700,566
  TOTAL LIABILITIES 2,878,053
 Regular Reserve 0
 Other Reserves 0
 Undivided Earnings 786,865
  TOTAL EQUITY 786,865
  TOTAL LIABILITIES, SHARES, & EQUITY 3,664,918
INCOME & EXPENSE  
 Loan Income 156,713
 Investment Income 24,819
 Other Income 5,118
 Total Employee Compensation & Benefits 91,153
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 68,097
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 149
 Cost of Funds 15,818
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 12,077
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