ILA 1351 Credit Union Profile

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ILA 1351

Charter #17253 | NCUA Region 2 | FCU
Low-Income Designation: No
Report Date: 2025

Headquarters Contact & Staff

Contact & Info

Phone: (281) 470-1813

Fax: (281) 470-9400

Founding Date: N/A

Website: http://www.ila1351fcu.com

Personnel & Operations

President: Newcomb, Richard

Manager: Phelps, Ann

FT Employees: 4

PT Employees: 1

Designations & Ratios

MDI Status: No

RBC Ratio: 0%

Membership Type: 03

Branches: 1

Hours: 9am-4pm M-F

Credit Union Profile Summary

ILA 1351 is a FCU Credit Union. With a total of 1,040 members [1], this institution manages approximately $16,939,790 in total assets [1]. It does not currently hold a Low-Income Designation. Key financial indicators show a solid Net Worth Ratio of 16.64% [1] and a strong Loan-to-Share Ratio, with loan growth over the last four quarters at 13.88% [1].

Financial Snapshot

Total Assets [1]
$16,939,790

Total economic resources.

Total Loans [1]
$8,552,186

Total value of outstanding loans.

Total Deposits [1]
$13,898,952

Total funds deposited by members.

Members [1]
1,040

Number of active members.

Performance Ratios

Net Worth Ratio [1]
16.64%

This is the credit union's safety cushion; 7.0% is the regulatory minimum. A higher ratio means the credit union is stable.

Return on Assets (ROAA) [1]
1.67%

Measures profitability. Shows profit generated per dollar of assets. Near 1.0% is considered strong.

Loan-to-Share Ratio [1]
61.53%

Measures lending activity using member deposits. Below 100% is generally healthy, balancing lending and liquidity.

Four-Quarter Growth

Asset Growth (4Q) [1]
10.36%

Indicates change in total size. Positive growth means the credit union is expanding its operations.

Loan Growth (4Q) [1]
13.88%

Shows change in lending activity. Positive growth means they are actively increasing their lending business.

Member Growth (4Q) [1]
1.56%

Indicates change in member count. Positive growth is a sign of a healthy, expanding member base.

Headquarters Location & Map

Headquarters Address

10920 Spencer Hwy

La Porte, TX, 77571

Member Ratings & Reviews

Average Member Rating:

N/A / 5.0

Total Approved Reviews:

0

Rate This Credit Union

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Branch Locations

Found 2 branches reported by ILA 1351 (Charter #17253).

Main Office

ILA 1351 Federal Credit Union Main Office

Type: Corporate Office

10920 Spencer Hwy

La Porte, TX 77571

Phone: (281) 470-1813

Services: Member Services

Open in Directions

Additional Branches

Houston

Total 1 Services

Type: Corporate Office

9361 Winkler Dr

Houston, TX 77017-6088

Phone: (713) 526-2111

Services: None specified

Open in Directions