Sep, 30, 2025 — HEART O' TEXAS FEDERAL CREDIT UNION is a federal credit union headquartered in WACO, TX with 3 branch locations and about $55.38 million in total assets. Opened 70 years ago in 1956, HEART O' TEXAS FEDERAL CREDIT UNION has about 5,651 members and employs 20 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | HEART O' TEXAS FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 7500 Imperial Drive WACO, TX 76712 |
| Phone: | (254) 751-1622 |
| Fax: | (254) 751-1141 |
| Website: | https://www.hotfcu.org |
| Branches: | 3 branch locations |
| Members: | 5,651 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 11032 |
|---|---|
| Membership Type: | Multiple common bond - Primarily military |
| Corporate Credit Union: | No |
| Year Opened: | 1956 |
| Last Audited: | Dec 01, 2024 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $55,384,713 |
| CEO/Manager: | Phil Dysinger |
| Chairperson: | Leon Hardy |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 4,248,174 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 16,199,230 |
| Unsecured Loans | 286,877 |
| Other Loans | 25,479,835 |
| TOTAL LOANS | 41,965,942 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -268,739 |
| Land And Building | 1,435,332 |
| Other Fixed Assets | 57,045 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 522,178 |
| All Other Assets | 249,199 |
| TOTAL ASSETS | 55,384,713 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 374,662 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 12,444,146 |
| Regular shares | 22,026,756 |
| All Other Shares & Deposits | 16,602,718 |
| TOTAL SHARES & DEPOSITS | 51,073,620 |
| TOTAL LIABILITIES | 51,448,282 |
| Regular Reserve | 0 |
| Other Reserves | 1,100,331 |
| Undivided Earnings | 2,836,100 |
| TOTAL EQUITY | 3,936,431 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 55,384,713 |
| INCOME & EXPENSE | |
| Loan Income | 1,887,830 |
| Investment Income | 175,984 |
| Other Income | 406,033 |
| Total Employee Compensation & Benefits | 944,774 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 975,220 |
| Non-operating Income & (Expense) | 26,450 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 193,570 |
| Cost of Funds | 458,806 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | -76,073 |
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