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MCMURREY FEDERAL CREDIT UNION

Dec, 31, 2023 — MCMURREY FEDERAL CREDIT UNION is a federal credit union headquartered in TYLER, TX with 1 branch location and about $23.59 million in total assets. Opened 69 years ago in 1955, MCMURREY FEDERAL CREDIT UNION has about 1,742 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:MCMURREY FEDERAL CREDIT UNION
Address:
(Main Office)
418 McMurrey Dr
TYLER, TX 75702
Phone:(903) 595-3300
Fax:(903) 595-3722
Website:https://www.mcmurreyfcu.com
Branches:1 branch locations
Members:1,742
Credit Union Type:Federal Credit Union
Charter Number:10481
Membership Type:Manufacturing - Petroleum Refining
Corporate Credit Union:No
Year Opened:1955
Last Audited:Sep 01, 2022
FHLB Member:No
Low Income Designation:No
Assets:$23,592,335
CEO/Manager:Kathy Sullivan
Chairperson:Leah S Glenn

Call Report

  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 321,911
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 4,165,155
 Unsecured Loans 858,387
 Other Loans 11,266,250
 TOTAL LOANS 16,289,792
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -63,075
 Land And Building 91,550
 Other Fixed Assets 12,204
 NCUSIF Deposit 215,277
 All Other Assets 60,444
  TOTAL ASSETS 23,592,335
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 274,313
 Accounts Payable & Other Liabilities 140,116
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 1,981,899
 Regular shares 6,244,533
 All Other Shares & Deposits 12,045,069
  TOTAL SHARES & DEPOSITS 20,271,502
  TOTAL LIABILITIES 20,685,931
 Regular Reserve 0
 Other Reserves -424,048
 Undivided Earnings 3,330,452
  TOTAL EQUITY 2,906,404
  TOTAL LIABILITIES, SHARES, & EQUITY 23,592,335
INCOME & EXPENSE  
 Loan Income 728,925
 Investment Income 47,846
 Other Income 25,575
 Total Employee Compensation & Benefits 279,169
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 274,225
 Non-operating Income & (Expense) -781
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 24,151
 Cost of Funds 277,517
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 19,931
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