TEACHERS ALLIANCE FEDERAL CREDIT UNION is no longer an active credit union according to the NCUA.
Dec, 31, 2023 — TEACHERS ALLIANCE FEDERAL CREDIT UNION is a federal credit union headquartered in LONGVIEW, TX with 1 branch location and about $560,179 in total assets. Opened 68 years ago in 1956, TEACHERS ALLIANCE FEDERAL CREDIT UNION has about 326 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | TEACHERS ALLIANCE FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | P.O. BOX 1805 LONGVIEW, TX 75606 |
| Phone: | (903) 758-4662 |
| Fax: | (903) 758-0304 |
| Website: | n/a |
| Branches: | 1 branch locations |
| Members: | 326 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 10776 |
|---|---|
| Membership Type: | Multiple common bond - Primarily educational |
| Corporate Credit Union: | No |
| Year Opened: | 1956 |
| Last Audited: | Apr 01, 2021 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $560,179 |
| CEO/Manager: | Bredget Mumphrey |
| Chairperson: | Gregory C Adams |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 452,338 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 0 |
| Unsecured Loans | 10,375 |
| Other Loans | 43,279 |
| TOTAL LOANS | 53,654 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -49,205 |
| Land And Building | 0 |
| Other Fixed Assets | 0 |
| NCUSIF Deposit | 4,076 |
| All Other Assets | 0 |
| TOTAL ASSETS | 560,179 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 6,682 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 0 |
| Regular shares | 423,354 |
| All Other Shares & Deposits | 2,385 |
| TOTAL SHARES & DEPOSITS | 425,739 |
| TOTAL LIABILITIES | 432,421 |
| Regular Reserve | 0 |
| Other Reserves | 0 |
| Undivided Earnings | 127,758 |
| TOTAL EQUITY | 127,758 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 560,179 |
| INCOME & EXPENSE | |
| Loan Income | 2,794 |
| Investment Income | 52 |
| Other Income | 383 |
| Total Employee Compensation & Benefits | 9,000 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 11,118 |
| Non-operating Income & (Expense) | 10,119 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 0 |
| Cost of Funds | 0 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | -6,770 |
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