Dec, 31, 2020 — MOORE COUNTY SCHOOLS FEDERAL CREDIT UNION is a federal credit union headquartered in Dumas, TX with 1 branch location and about $8.14 million in total assets. Opened 65 years ago in 1956, MOORE COUNTY SCHOOLS FEDERAL CREDIT UNION has about 848 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | MOORE COUNTY SCHOOLS FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 1114 E 1st St Dumas, TX 79029-3301 |
| Phone: | (806) 935-5423 |
| Fax: | (806) 935-5103 |
| Website: | http://mcsfcu.com |
| Branches: | 1 branch locations |
| Members: | 848 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 11458 |
|---|---|
| Membership Type: | Multiple common bond - Primarily educational |
| Corporate Credit Union: | No |
| Year Opened: | 1956 |
| Last Audited: | Oct 01, 2020 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $8,142,275 |
| CEO/Manager: | Debbie Willis |
| Chairperson: | Nancy Grundy |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 1,344,494 |
| TOTAL INVESTMENTS | 2,839,000 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 0 |
| Unsecured Loans | 114,575 |
| Other Loans | 3,595,728 |
| TOTAL LOANS | 3,710,303 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -114,597 |
| Land And Building | 255,988 |
| Other Fixed Assets | 11,630 |
| NCUSIF Deposit | 60,440 |
| All Other Assets | 35,017 |
| TOTAL ASSETS | 8,142,275 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 13,225 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 0 |
| Regular shares | 4,823,179 |
| All Other Shares & Deposits | 2,556,210 |
| TOTAL SHARES & DEPOSITS | 7,379,389 |
| TOTAL LIABILITIES | 7,392,614 |
| Regular Reserve | 201,640 |
| Other Reserves | 0 |
| Undivided Earnings | 548,021 |
| TOTAL EQUITY | 749,661 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 8,142,275 |
| INCOME & EXPENSE | |
| Loan Income | 177,580 |
| Investment Income | 57,610 |
| Other Income | 31,948 |
| Total Employee Compensation & Benefits | 93,658 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 87,478 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 0 |
| Cost of Funds | 47,650 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 38,352 |
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