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VATAT CREDIT UNION

Dec, 31, 2023 — VATAT CREDIT UNION is a federally insured state chartered credit union headquartered in AUSTIN, TX with 1 branch location and about $10.75 million in total assets. Opened 63 years ago in 1961, VATAT CREDIT UNION has about 1,163 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:VATAT CREDIT UNION
Address:
(Main Office)
614 E 12th St
AUSTIN, TX 78701
Phone:(512) 472-3258
Fax:(512) 617-8218
Website:https://www.vatatcu.org/
Branches:1 branch locations
Members:1,163
Credit Union Type:Federally Insured State Chartered Credit Union
Charter Number:67661
Membership Type:State chartered natural person
Corporate Credit Union:No
Year Opened:1961
Last Audited:Oct 01, 2023
FHLB Member:No
Low Income Designation:No
Assets:$10,751,381
CEO/Manager:Meredith Hartmann
Chairperson:Steve Forsythe

Call Report

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Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 487,127
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 0
 Unsecured Loans 1,124,587
 Other Loans 8,163,088
 TOTAL LOANS 9,287,675
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -58,255
 Land And Building 0
 Other Fixed Assets 24,287
 NCUSIF Deposit 61,018
 All Other Assets 0
  TOTAL ASSETS 10,751,381
LIABILITIES & CAPITAL:  
 Dividends Payable 19,433
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 104,889
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 699,387
 Regular shares 4,597,288
 All Other Shares & Deposits 3,540,948
  TOTAL SHARES & DEPOSITS 8,837,624
  TOTAL LIABILITIES 8,961,946
 Regular Reserve 0
 Other Reserves 212,808
 Undivided Earnings 1,576,627
  TOTAL EQUITY 1,789,435
  TOTAL LIABILITIES, SHARES, & EQUITY 10,751,381
INCOME & EXPENSE  
 Loan Income 565,975
 Investment Income 43,647
 Other Income 34,442
 Total Employee Compensation & Benefits 159,604
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 196,851
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 17,962
 Cost of Funds 97,140
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 173,157
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