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MCLENNAN COUNTY EMPLOYEES FEDERAL CREDIT UNION

Sep, 30, 2025 — MCLENNAN COUNTY EMPLOYEES FEDERAL CREDIT UNION is a federal credit union headquartered in WACO, TX with 1 branch location and about $21.04 million in total assets. Opened 71 years ago in 1955, MCLENNAN COUNTY EMPLOYEES FEDERAL CREDIT UNION has about 1,337 members and employs 5 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:MCLENNAN COUNTY EMPLOYEES FEDERAL CREDIT UNION
Address:
(Main Office)
215 N 5th St Ste 224
WACO, TX 76701-1364
Phone:(254) 757-5015
Fax:(254) 757-5017
Website:https://www.mclennancountyefcu.com
Branches:1 branch locations
Members:1,337
Credit Union Type:Federal Credit Union
Charter Number:10461
Membership Type:Federal, State, Local Government
Corporate Credit Union:No
Year Opened:1955
Last Audited:Dec 01, 2024
FHLB Member:No
Low Income Designation:No
Assets:$21,036,883
CEO/Manager:Alan S Boyd
Chairperson:Timothy Jackson, Jr.

Call Report

  • Payday Alternative Loans (PAL Loans)

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 1,904,337
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 0
 Unsecured Loans 815,081
 Other Loans 6,306,250
 TOTAL LOANS 7,121,331
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -104,892
 Land And Building 0
 Other Fixed Assets 13,322
 NCUSIF (National Credit Union Share Insurance Fund) Deposit 153,910
 All Other Assets 0
  TOTAL ASSETS 21,036,883
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 138,239
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 2,203,488
 Regular shares 7,805,159
 All Other Shares & Deposits 5,395,363
  TOTAL SHARES & DEPOSITS 15,404,010
  TOTAL LIABILITIES 15,542,249
 Regular Reserve 0
 Other Reserves 0
 Undivided Earnings 5,494,634
  TOTAL EQUITY 5,494,634
  TOTAL LIABILITIES, SHARES, & EQUITY 21,036,883
INCOME & EXPENSE  
 Loan Income 307,476
 Investment Income 317,674
 Other Income 57,764
 Total Employee Compensation & Benefits 382,956
 NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense 0
 Total Other Operating Expenses 168,239
 Non-operating Income & (Expense) 4,473
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 9,411
 Cost of Funds 134,277
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) -7,496
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