Dec, 31, 2023 — MOORE COUNTY SCHOOLS FEDERAL CREDIT UNION is a federal credit union headquartered in DUMAS, TX with 1 branch location and about $7.84 million in total assets. Opened 68 years ago in 1956, MOORE COUNTY SCHOOLS FEDERAL CREDIT UNION has about 814 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
Name: | MOORE COUNTY SCHOOLS FEDERAL CREDIT UNION |
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Address: (Main Office) | 1114 E 1st St DUMAS, TX 79029-3301 |
Phone: | (806) 935-5423 |
Fax: | (806) 935-5103 |
Website: | https://www.mcsfcreditunion.com |
Branches: | 1 branch locations |
Members: | 814 |
Credit Union Type: | Federal Credit Union |
Charter Number: | 11458 |
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Membership Type: | Multiple common bond - Primarily educational |
Corporate Credit Union: | No |
Year Opened: | 1956 |
Last Audited: | Nov 01, 2023 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $7,843,253 |
CEO/Manager: | Brittney Holguin |
Chairperson: | Nancy Grundy |
ASSETS: | $ Amount |
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Cash & Equivalents | 446,823 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 0 |
Real Estate Loans | 0 |
Unsecured Loans | 185,748 |
Other Loans | 3,735,914 |
TOTAL LOANS | 3,921,662 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -77,026 |
Land And Building | 255,749 |
Other Fixed Assets | 2,220 |
NCUSIF Deposit | 73,274 |
All Other Assets | 0 |
TOTAL ASSETS | 7,843,253 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 0 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 55,307 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 0 |
Regular shares | 4,145,136 |
All Other Shares & Deposits | 2,948,615 |
TOTAL SHARES & DEPOSITS | 7,093,754 |
TOTAL LIABILITIES | 7,149,061 |
Regular Reserve | 0 |
Other Reserves | 0 |
Undivided Earnings | 694,192 |
TOTAL EQUITY | 694,192 |
TOTAL LIABILITIES, SHARES, & EQUITY | 7,843,253 |
INCOME & EXPENSE | |
Loan Income | 219,081 |
Investment Income | 28,805 |
Other Income | 13,947 |
Total Employee Compensation & Benefits | 110,864 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 102,796 |
Non-operating Income & (Expense) | 2,011 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 0 |
Cost of Funds | 121,459 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | -71,275 |
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