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MOORE COUNTY SCHOOLS FEDERAL CREDIT UNION

Mar, 31, 2021 — MOORE COUNTY SCHOOLS FEDERAL CREDIT UNION is a federal credit union headquartered in Dumas, TX with 1 branch location and about $9.50 million in total assets. Opened 65 years ago in 1956, MOORE COUNTY SCHOOLS FEDERAL CREDIT UNION has about 843 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:843
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:$9,503,304
CEO/Manager:Debbie Willis
Chairperson:Nancy Grundy

Call Report

  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 2,744,203
TOTAL INVESTMENTS 2,838,992
Loans Held for Sale 0
 
 Real Estate Loans 0
 Unsecured Loans 111,810
 Other Loans 3,567,110
 TOTAL LOANS 3,678,920
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -114,999
 Land And Building 253,994
 Other Fixed Assets 10,730
 NCUSIF Deposit 60,440
 All Other Assets 31,024
  TOTAL ASSETS 9,503,304
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 11,813
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 0
 Regular shares 5,062,868
 All Other Shares & Deposits 3,676,688
  TOTAL SHARES & DEPOSITS 8,739,556
  TOTAL LIABILITIES 8,751,369
 Regular Reserve 201,640
 Other Reserves 0
 Undivided Earnings 550,295
  TOTAL EQUITY 751,935
  TOTAL LIABILITIES, SHARES, & EQUITY 9,503,304
INCOME & EXPENSE  
 Loan Income 44,035
 Investment Income 12,308
 Other Income 38
 Total Employee Compensation & Benefits 22,778
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 19,644
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 0
 Cost of Funds 10,964
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 3,352
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