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PLAINS FEDERAL CREDIT UNION

Sep, 30, 2025 — PLAINS FEDERAL CREDIT UNION is a federal credit union headquartered in PLAINVIEW, TX with 1 branch location and about $3.86 million in total assets. Opened 68 years ago in 1958, PLAINS FEDERAL CREDIT UNION has about 442 members and employs 3 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:PLAINS FEDERAL CREDIT UNION
Address:
(Main Office)
209 W 4th St
PLAINVIEW, TX 79072
Phone:(806) 293-7091
Fax:(806) 293-2641
Website:https://www.plainsfcu.com
Branches:1 branch locations
Members:442
Credit Union Type:Federal Credit Union
Charter Number:12274
Membership Type:Multiple common bond - Primarily federal, state, local government
Corporate Credit Union:No
Year Opened:1958
Last Audited:Feb 01, 2025
FHLB Member:No
Low Income Designation:No
Assets:$3,858,037
CEO/Manager:Mickie J Gregory
Chairperson:Caryl Owens

Call Report

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 259,245
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 0
 Unsecured Loans 49,778
 Other Loans 2,520,579
 TOTAL LOANS 2,570,357
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -10,000
 Land And Building 37,785
 Other Fixed Assets 2,855
 NCUSIF (National Credit Union Share Insurance Fund) Deposit 27,549
 All Other Assets 0
  TOTAL ASSETS 3,858,037
LIABILITIES & CAPITAL:  
 Dividends Payable 26,553
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 96,677
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 0
 Regular shares 1,731,024
 All Other Shares & Deposits 1,423,101
  TOTAL SHARES & DEPOSITS 3,154,126
  TOTAL LIABILITIES 3,277,356
 Regular Reserve 0
 Other Reserves 0
 Undivided Earnings 580,681
  TOTAL EQUITY 580,681
  TOTAL LIABILITIES, SHARES, & EQUITY 3,858,037
INCOME & EXPENSE  
 Loan Income 136,349
 Investment Income 24,770
 Other Income 2,100
 Total Employee Compensation & Benefits 81,206
 NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense 0
 Total Other Operating Expenses 39,298
 Non-operating Income & (Expense) 1,501
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 4,737
 Cost of Funds 43,335
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) -3,856
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