Dec, 31, 2023 — TEAM FINANCIAL FEDERAL CREDIT UNION is a federal credit union headquartered in HOUSTON, TX with 1 branch location and about $5.43 million in total assets. Opened 54 years ago in 1970, TEAM FINANCIAL FEDERAL CREDIT UNION has about 1,075 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: | TEAM FINANCIAL FEDERAL CREDIT UNION |
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Address: (Main Office) | 2190 North Loop W Ste 108 HOUSTON, TX 77018-8007 |
Phone: | (713) 316-9999 |
Fax: | (713) 316-9990 |
Website: | https://www.teamffcu.org |
Branches: | 1 branch locations |
Members: | 1,075 |
Credit Union Type: | Federal Credit Union |
Charter Number: | 20147 |
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Membership Type: | Multiple common bond - Primarily other manufacturing |
Corporate Credit Union: | No |
Year Opened: | 1970 |
Last Audited: | Dec 01, 2023 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $5,431,960 |
CEO/Manager: | Lynda M Milton |
Chairperson: | Mark Wilson |
ASSETS: | $ Amount |
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Cash & Equivalents | 669,279 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 0 |
Real Estate Loans | 0 |
Unsecured Loans | 266,676 |
Other Loans | 2,782,746 |
TOTAL LOANS | 3,454,536 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -9,898 |
Land And Building | 0 |
Other Fixed Assets | 87,760 |
NCUSIF Deposit | 53,671 |
All Other Assets | 0 |
TOTAL ASSETS | 5,431,960 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 0 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | -25 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 204,302 |
Regular shares | 3,845,887 |
All Other Shares & Deposits | 1,001,230 |
TOTAL SHARES & DEPOSITS | 5,051,419 |
TOTAL LIABILITIES | 5,051,394 |
Regular Reserve | 0 |
Other Reserves | 0 |
Undivided Earnings | 380,566 |
TOTAL EQUITY | 380,566 |
TOTAL LIABILITIES, SHARES, & EQUITY | 5,431,960 |
INCOME & EXPENSE | |
Loan Income | 270,596 |
Investment Income | 36,448 |
Other Income | 48,096 |
Total Employee Compensation & Benefits | 118,627 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 199,841 |
Non-operating Income & (Expense) | 6,328 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 0 |
Cost of Funds | 21,889 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | 33,547 |
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