Sep, 30, 2025 — MOPAC EMPLOYEES FEDERAL CREDIT UNION is a federal credit union headquartered in PALESTINE, TX with 1 branch location and about $20.93 million in total assets. Opened 90 years ago in 1936, MOPAC EMPLOYEES FEDERAL CREDIT UNION has about 2,374 members and employs 7 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | MOPAC EMPLOYEES FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 200 S Queen St PALESTINE, TX 75801-3544 |
| Phone: | (903) 729-3226 |
| Fax: | (903) 723-7336 |
| Website: | https://www.mopaccu.com |
| Branches: | 1 branch locations |
| Members: | 2,374 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 1129 |
|---|---|
| Membership Type: | Multiple common bond - Primarily transportation |
| Corporate Credit Union: | No |
| Year Opened: | 1936 |
| Last Audited: | Dec 01, 2024 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $20,927,177 |
| CEO/Manager: | Bernice Carrell |
| Chairperson: | Bryan R Badgett |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 1,429,896 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 0 |
| Unsecured Loans | 1,007,515 |
| Other Loans | 17,419,329 |
| TOTAL LOANS | 18,479,544 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -90,863 |
| Land And Building | 501,239 |
| Other Fixed Assets | 65,016 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 185,467 |
| All Other Assets | 0 |
| TOTAL ASSETS | 20,927,177 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 3,725 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 100,802 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 4,770,686 |
| Regular shares | 10,477,785 |
| All Other Shares & Deposits | 3,474,872 |
| TOTAL SHARES & DEPOSITS | 18,723,343 |
| TOTAL LIABILITIES | 18,827,870 |
| Regular Reserve | 0 |
| Other Reserves | 565,681 |
| Undivided Earnings | 1,533,626 |
| TOTAL EQUITY | 2,099,307 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 20,927,177 |
| INCOME & EXPENSE | |
| Loan Income | 745,312 |
| Investment Income | 9,633 |
| Other Income | 151,565 |
| Total Employee Compensation & Benefits | 334,051 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 359,691 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 52,800 |
| Cost of Funds | 107,891 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 96,932 |
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