Credit Unions Near Me
National Credit Union Service Organization

HEART O' TEXAS FEDERAL CREDIT UNION

Mar, 31, 2021 — HEART O' TEXAS FEDERAL CREDIT UNION is a federal credit union headquartered in WACO, TX with 3 branch locations and about $48.55 million in total assets. Opened 65 years ago in 1956, HEART O' TEXAS FEDERAL CREDIT UNION has about 5,150 members and employs 29 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)
P. O. BOX 11
WACO, TX 76703-0011
Phone:(254) 751-1622
Fax:(254) 751-1141
Website:http://www.hotfcu.org
Branches:3 branch locations
Members:5,150
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:Feb 01, 2020
FHLB Member:No
Low Income Designation:No
Assets:$48,552,872
CEO/Manager:Melissa Hagenbuch
Chairperson:Barbara Sais-Chinn

Call Report

  • Commercial Loans
  • Credit Builder
  • Indirect Consumer Loans
  • Overdraft Lines of Credit
  • Overdraft Protection
  • Pay Day Loans
  • Real Estate Loans
  • Risk Based Loans
  • ATM/Debit Card Program
  • Check Cashing
  • International Remittances
  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 12,473,785
TOTAL INVESTMENTS 1,892,000
Loans Held for Sale 0
 
 Real Estate Loans 7,809,317
 Unsecured Loans 200,520
 Other Loans 22,862,055
 TOTAL LOANS 30,871,892
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -115,179
 Land And Building 2,489,606
 Other Fixed Assets 124,814
 NCUSIF Deposit 376,753
 All Other Assets 439,201
  TOTAL ASSETS 48,552,872
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 659,197
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 12,573,121
 Regular shares 23,880,818
 All Other Shares & Deposits 7,098,997
  TOTAL SHARES & DEPOSITS 43,552,936
  TOTAL LIABILITIES 44,212,133
 Regular Reserve 1,100,331
 Other Reserves 0
 Undivided Earnings 3,240,408
  TOTAL EQUITY 4,340,739
  TOTAL LIABILITIES, SHARES, & EQUITY 48,552,872
INCOME & EXPENSE  
 Loan Income 374,284
 Investment Income 12,292
 Other Income 160,223
 Total Employee Compensation & Benefits 320,397
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 269,650
 Non-operating Income & (Expense) -9,069
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 14,269
 Cost of Funds 6,869
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) -73,455
↑ Back to Top

Other Credit Unions

HIGHWAY DISTRICT 9 CREDIT UNION
2417 COLUMBUS AVE
WACO, TX 76701
WACONIZED FEDERAL CREDIT UNION
5200 -A Beverly Dr
WACO, TX 76711
C-T WACO FEDERAL CREDIT UNION
P.O. Box 20245
WACO, TX 76702
WACO FEDERAL CREDIT UNION
P O BOX 646
WACO, TX 76703
MCLENNAN COUNTY EMPLOYEES FEDERAL CREDIT UNION
215 NORTH 5TH STREET; SUITE 224
WACO, TX 76701
LINKAGE CREDIT UNION
4527 SPEIGHT AVE
WACO, TX 76711
1ST UNIVERSITY CREDIT UNION
24 La Salle Ave unit C
WACO, TX 76706
ROCKET FEDERAL CREDIT UNION
PO BOX 235
MCGREGOR, TX 76657
TEMPLE SANTA FE COMMUNITY CREDIT UNION
1750 W avenue A
TEMPLE, TX 76504
GENCO FEDERAL CREDIT UNION
P. O. Box 7246
WACO, TX 76714