Sep, 30, 2025 — NAFT FEDERAL CREDIT UNION is a federal credit union headquartered in PHARR, TX with 3 branch locations and about $148.39 million in total assets. Opened 70 years ago in 1956, NAFT FEDERAL CREDIT UNION has about 12,025 members and employs 37 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | NAFT FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 901 N Veterans Blvd PHARR, TX 78577 |
| Phone: | (956) 787-2774 |
| Fax: | (956) 783-4998 |
| Website: | https://www.naftfcu.coop |
| Branches: | 3 branch locations |
| Members: | 12,025 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 10994 |
|---|---|
| Membership Type: | Multiple common bond - Primarily educational |
| Corporate Credit Union: | No |
| Year Opened: | 1956 |
| Last Audited: | Sep 01, 2025 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $148,392,006 |
| CEO/Manager: | John P McNeel |
| Chairperson: | Nora T Cantu |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 29,098,653 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 1,201,226 |
| Unsecured Loans | 14,409,391 |
| Other Loans | 49,875,179 |
| TOTAL LOANS | 65,784,209 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -590,204 |
| Land And Building | 716,168 |
| Other Fixed Assets | 417,906 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 1,097,270 |
| All Other Assets | 31,231 |
| TOTAL ASSETS | 148,392,006 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 178,639 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 269,706 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 29,685,846 |
| Regular shares | 57,373,020 |
| All Other Shares & Deposits | 36,282,882 |
| TOTAL SHARES & DEPOSITS | 123,341,748 |
| TOTAL LIABILITIES | 123,790,093 |
| Regular Reserve | 0 |
| Other Reserves | 950,134 |
| Undivided Earnings | 23,651,779 |
| TOTAL EQUITY | 24,601,913 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 148,392,006 |
| INCOME & EXPENSE | |
| Loan Income | 2,977,836 |
| Investment Income | 1,775,781 |
| Other Income | 684,050 |
| Total Employee Compensation & Benefits | 1,646,306 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 1,927,035 |
| Non-operating Income & (Expense) | -3,418 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 37,594 |
| Cost of Funds | 736,312 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 2,027,635 |
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