Credit Unions Near Me
National Credit Union Service Organization

TEXOMA EDUCATORS FEDERAL CREDIT UNION

Mar, 31, 2021 — TEXOMA EDUCATORS FEDERAL CREDIT UNION is a federal credit union headquartered in SHERMAN, TX with 3 branch locations and about $111.49 million in total assets. Opened 64 years ago in 1957, TEXOMA EDUCATORS FEDERAL CREDIT UNION has about 8,066 members and employs 23 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:TEXOMA EDUCATORS FEDERAL CREDIT UNION
Address:
(Main Office)
506 W. LAMAR ST.
SHERMAN, TX 75090-5840
Phone:(903) 892-1505
Fax:(903) 892-0671
Website:http://www.texomaeducators.com
Branches:3 branch locations
Members:8,066
Credit Union Type:Federal Credit Union
Charter Number:11670
Membership Type:Community - Rural District
Corporate Credit Union:No
Year Opened:1957
Last Audited:Dec 01, 2020
FHLB Member:No
Low Income Designation:No
Assets:$111,489,777
CEO/Manager:Louella K Williams
Chairperson:H L Scott

Call Report

  • Overdraft Protection
  • Risk Based Loans
  • ATM/Debit Card Program
  • Check Cashing
  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 4,835,066
TOTAL INVESTMENTS 61,881,192
Loans Held for Sale 0
 
 Real Estate Loans 0
 Unsecured Loans 5,790,370
 Other Loans 34,257,823
 TOTAL LOANS 40,048,193
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -122,221
 Land And Building 991,291
 Other Fixed Assets 229,666
 NCUSIF Deposit 873,408
 All Other Assets 2,753,182
  TOTAL ASSETS 111,489,777
LIABILITIES & CAPITAL:  
 Dividends Payable 6,491
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 971,546
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 16,233,534
 Regular shares 67,268,574
 All Other Shares & Deposits 12,985,361
  TOTAL SHARES & DEPOSITS 96,487,469
  TOTAL LIABILITIES 97,465,506
 Regular Reserve 3,112,947
 Other Reserves 0
 Undivided Earnings 10,911,324
  TOTAL EQUITY 14,024,271
  TOTAL LIABILITIES, SHARES, & EQUITY 111,489,777
INCOME & EXPENSE  
 Loan Income 458,125
 Investment Income 194,498
 Other Income 151,508
 Total Employee Compensation & Benefits 297,471
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 320,506
 Non-operating Income & (Expense) -3
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 16,852
 Cost of Funds 61,856
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 107,443
↑ Back to Top

Other Credit Unions

REDEEMER FEDERAL CREDIT UNION
515 County Road 1118
GREENVILLE, TX 75401
FANNIN COUNTY TEACHERS FEDERAL CREDIT UNION
PO BOX 626
BONHAM, TX 75418
LIVING IN FULFILLMENT EVERYDAY FEDERAL CREDIT UNION
3351 UNICORN LAKE BLVD
DENTON, TX 76210
VALWOOD PARK FEDERAL CREDIT UNION
1001 E Crosby Rd.
CARROLLTON, TX 75006-7260
FANNIN FEDERAL CREDIT UNION
1737 N STATE HIGHWAY 121
BONHAM, TX 75418
SERVICE 1ST CREDIT UNION
PO Box 8155
GREENVILLE, TX 75404
LIFETIME FEDERAL CREDIT UNION
P.O. BOX 833937
RICHARDSON, TX 75083
4U FEDERAL CREDIT UNION
1312 LAWRENCE ST
GAINESVILLE, TX 76240
AMERICA'S CREDIT UNION
PO BOX 469046
GARLAND, TX 75046
PRESTIGE COMMUNITY CREDIT UNION
P.O. Box 802631
DALLAS, TX 75380