Sep, 30, 2025 — COMMUNITIES OF ABILENE FEDERAL CREDIT UNION is a federal credit union headquartered in ABILENE, TX with 2 branch locations and about $155.80 million in total assets. Opened 71 years ago in 1955, COMMUNITIES OF ABILENE FEDERAL CREDIT UNION has about 11,192 members and employs 36 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | COMMUNITIES OF ABILENE FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 3661 N 6th St ABILENE, TX 79603 |
| Phone: | (325) 691-2300 |
| Fax: | (325) 691-2309 |
| Website: | https://www.coafcu.org |
| Branches: | 2 branch locations |
| Members: | 11,192 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 10706 |
|---|---|
| Membership Type: | Community credit unions, urban or rural, other than those designated 'low income' |
| Corporate Credit Union: | No |
| Year Opened: | 1955 |
| Last Audited: | Jun 01, 2025 |
| FHLB Member: | Yes |
| Low Income Designation: | No |
| Assets: | $155,795,557 |
| CEO/Manager: | Clinton M Wilson |
| Chairperson: | Kevin Smothermon |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 14,814,909 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 14,400,610 |
| Unsecured Loans | 5,283,881 |
| Other Loans | 74,302,202 |
| TOTAL LOANS | 93,986,694 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -441,723 |
| Land And Building | 692,242 |
| Other Fixed Assets | 152,685 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 1,419,337 |
| All Other Assets | 0 |
| TOTAL ASSETS | 155,795,557 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 3,245 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 973,840 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 46,066,533 |
| Regular shares | 56,519,894 |
| All Other Shares & Deposits | 44,845,321 |
| TOTAL SHARES & DEPOSITS | 147,431,748 |
| TOTAL LIABILITIES | 148,408,833 |
| Regular Reserve | 0 |
| Other Reserves | -8,690,715 |
| Undivided Earnings | 16,077,439 |
| TOTAL EQUITY | 7,386,724 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 155,795,557 |
| INCOME & EXPENSE | |
| Loan Income | 3,382,534 |
| Investment Income | 1,148,581 |
| Other Income | 583,124 |
| Total Employee Compensation & Benefits | 1,917,107 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 1,816,971 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 197,580 |
| Cost of Funds | 772,371 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 477,821 |
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