Sep, 30, 2025 — TEXAS TECH FEDERAL CREDIT UNION is a federal credit union headquartered in LUBBOCK, TX with 6 branch locations and about $435.43 million in total assets. Opened 67 years ago in 1959, TEXAS TECH FEDERAL CREDIT UNION has about 35,467 members and employs 148 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | TEXAS TECH FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 1802 Texas Tech Parkway LUBBOCK, TX 79409 |
| Phone: | (806) 742-3606 |
| Fax: | (806) 742-3699 |
| Website: | https://www.texastechfcu.org |
| Branches: | 6 branch locations |
| Members: | 35,467 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 12858 |
|---|---|
| Membership Type: | Multiple common bond - Primarily educational |
| Corporate Credit Union: | No |
| Year Opened: | 1959 |
| Last Audited: | Jun 01, 2025 |
| FHLB Member: | Yes |
| Low Income Designation: | No |
| Assets: | $435,430,390 |
| CEO/Manager: | Chris Hutson |
| Chairperson: | Ronald Phillips |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 63,337,513 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 16,147,376 |
| Real Estate Loans | 101,572,907 |
| Unsecured Loans | 17,606,087 |
| Other Loans | 190,268,887 |
| TOTAL LOANS | 309,447,880 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -1,827,077 |
| Land And Building | 24,415,678 |
| Other Fixed Assets | 4,289,663 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 3,368,794 |
| All Other Assets | 213,535 |
| TOTAL ASSETS | 435,430,390 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 9,364,955 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 56,358,812 |
| Regular shares | 112,459,954 |
| All Other Shares & Deposits | 211,554,644 |
| TOTAL SHARES & DEPOSITS | 380,373,410 |
| TOTAL LIABILITIES | 389,738,365 |
| Regular Reserve | 0 |
| Other Reserves | 11,645,476 |
| Undivided Earnings | 34,046,549 |
| TOTAL EQUITY | 45,692,025 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 435,430,390 |
| INCOME & EXPENSE | |
| Loan Income | 14,789,270 |
| Investment Income | 1,662,702 |
| Other Income | 3,074,026 |
| Total Employee Compensation & Benefits | 11,522,611 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 9,024,478 |
| Non-operating Income & (Expense) | 142,649 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 983,898 |
| Cost of Funds | 6,215,599 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 1,923,521 |
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