MARATHON REPUBLIC FEDERAL CREDIT UNION is no longer an active credit union according to the NCUA. If available, you can view their website at https://www.marathonrepublicfcu.com for more information.
Dec, 31, 2023 — MARATHON REPUBLIC FEDERAL CREDIT UNION is a federal credit union headquartered in Texas City, TX with 1 branch location and about $8.56 million in total assets. Opened 86 years ago in 1938, MARATHON REPUBLIC FEDERAL CREDIT UNION has about 1,122 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: | MARATHON REPUBLIC FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | P. O. Box 2186 Texas City, TX 77592-2186 |
| Phone: | (409) 948-1769 |
| Fax: | (409) 948-2638 |
| Website: | https://www.marathonrepublicfcu.com |
| Branches: | 1 branch locations |
| Members: | 1,122 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 2724 |
|---|---|
| Membership Type: | Multiple common bond - Primarily petroleum refining |
| Corporate Credit Union: | No |
| Year Opened: | 1938 |
| Last Audited: | Dec 01, 2021 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $8,564,999 |
| CEO/Manager: | Judy Boles |
| Chairperson: | Roger Bradley |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 925,095 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 0 |
| Unsecured Loans | 611,893 |
| Other Loans | 2,596,844 |
| TOTAL LOANS | 3,208,737 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -24,926 |
| Land And Building | 164,314 |
| Other Fixed Assets | 88 |
| NCUSIF Deposit | 84,296 |
| All Other Assets | 0 |
| TOTAL ASSETS | 8,564,999 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 439 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 9,579 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 1,453,865 |
| Regular shares | 3,516,263 |
| All Other Shares & Deposits | 2,557,790 |
| TOTAL SHARES & DEPOSITS | 7,527,918 |
| TOTAL LIABILITIES | 7,537,936 |
| Regular Reserve | 0 |
| Other Reserves | 0 |
| Undivided Earnings | 1,027,063 |
| TOTAL EQUITY | 1,027,063 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 8,564,999 |
| INCOME & EXPENSE | |
| Loan Income | 167,007 |
| Investment Income | 51,961 |
| Other Income | 15,664 |
| Total Employee Compensation & Benefits | 146,618 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 114,191 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 0 |
| Cost of Funds | 5,728 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | -8,796 |
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