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SCURRY COUNTY SCHOOL FEDERAL CREDIT UNION

Sep, 30, 2025 — SCURRY COUNTY SCHOOL FEDERAL CREDIT UNION is a federal credit union headquartered in SNYDER, TX with 1 branch location and about $11.63 million in total assets. Opened 71 years ago in 1955, SCURRY COUNTY SCHOOL FEDERAL CREDIT UNION has about 1,144 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:SCURRY COUNTY SCHOOL FEDERAL CREDIT UNION
Address:
(Main Office)
1903 40th St
SNYDER, TX 79549
Phone:(325) 573-6568
Fax:(325) 573-6572
Website:https://scurrycountyschoolfcu.com
Branches:1 branch locations
Members:1,144
Credit Union Type:Federal Credit Union
Charter Number:10551
Membership Type:Multiple common bond - Primarily educational
Corporate Credit Union:No
Year Opened:1955
Last Audited:Sep 01, 2024
FHLB Member:No
Low Income Designation:No
Assets:$11,627,899
CEO/Manager:Dixie R Duncan
Chairperson:Elivario Ochoa

Call Report

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 228,092
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 0
 Unsecured Loans 730,451
 Other Loans 6,195,103
 TOTAL LOANS 6,925,556
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -27,262
 Land And Building 48,691
 Other Fixed Assets 0
 NCUSIF (National Credit Union Share Insurance Fund) Deposit 84,740
 All Other Assets 0
  TOTAL ASSETS 11,627,899
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities -65,549
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 0
 Regular shares 4,107,817
 All Other Shares & Deposits 5,471,813
  TOTAL SHARES & DEPOSITS 9,579,630
  TOTAL LIABILITIES 9,514,081
 Regular Reserve 0
 Other Reserves 0
 Undivided Earnings 2,113,818
  TOTAL EQUITY 2,113,818
  TOTAL LIABILITIES, SHARES, & EQUITY 11,627,899
INCOME & EXPENSE  
 Loan Income 315,906
 Investment Income 67,339
 Other Income 11,761
 Total Employee Compensation & Benefits 133,420
 NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense 0
 Total Other Operating Expenses 116,464
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 0
 Cost of Funds 145,483
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) -361
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