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MOORE COUNTY SCHOOLS FEDERAL CREDIT UNION

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

Call Report

  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
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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