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SELECT FEDERAL CREDIT UNION

Dec, 31, 2023 — SELECT FEDERAL CREDIT UNION is a federal credit union headquartered in SAN ANTONIO, TX with 1 branch location and about $58.49 million in total assets. Opened 85 years ago in 1939, SELECT FEDERAL CREDIT UNION has about 6,164 members and employs 16 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


ABA Routing Number: 314088666
Name:SELECT FEDERAL CREDIT UNION
Address:
(Main Office)
1914 N INTERSTATE 35
SAN ANTONIO, TX 78208
Phone:(210) 223-6561
Fax:(210) 227-8125
Website:https://www.selectfcu.org
Branches:1 branch locations
Members:6,164
Credit Union Type:Federal Credit Union
Charter Number:3064
Membership Type:Multiple common bond - Primarily transportation
Corporate Credit Union:No
Year Opened:1939
Last Audited:Sep 01, 2022
FHLB Member:No
Low Income Designation:No
Assets:$58,487,586
CEO/Manager:TAMMIE L ZACHARIE
Chairperson:Pat Jasso

Call Report

  • Credit Builder
  • Payday Alternative Loans (PAL Loans)
  • International Remittances
  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 368,504
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 4,709,608
 Unsecured Loans 5,092,517
 Other Loans 35,463,669
 TOTAL LOANS 50,286,429
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -309,179
 Land And Building 3,019,995
 Other Fixed Assets 176,440
 NCUSIF Deposit 437,218
 All Other Assets 0
  TOTAL ASSETS 58,487,586
LIABILITIES & CAPITAL:  
 Dividends Payable 36,049
 Notes & Interest Payable 500,000
 Accounts Payable & Other Liabilities 324,261
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 6,655,615
 Regular shares 16,938,242
 All Other Shares & Deposits 23,496,071
  TOTAL SHARES & DEPOSITS 47,089,928
  TOTAL LIABILITIES 47,950,238
 Regular Reserve 0
 Other Reserves 0
 Undivided Earnings 10,537,348
  TOTAL EQUITY 10,537,348
  TOTAL LIABILITIES, SHARES, & EQUITY 58,487,586
INCOME & EXPENSE  
 Loan Income 2,962,892
 Investment Income 103,828
 Other Income 336,481
 Total Employee Compensation & Benefits 1,057,131
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 1,378,272
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 315,615
 Cost of Funds 666,587
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 245,950
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