Credit Unions Near Me
National Credit Union Service Organization

TEXAS TECH FEDERAL CREDIT UNION

Dec, 31, 2020 — TEXAS TECH FEDERAL CREDIT UNION is a federal credit union headquartered in LUBBOCK, TX with 6 branch locations and about $283.05 million in total assets. Opened 62 years ago in 1959, TEXAS TECH FEDERAL CREDIT UNION has about 26,750 members and employs 117 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)
BOX 41072
LUBBOCK, TX 79409
Phone:(806) 742-3606
Fax:(806) 742-3699
Website:https://www.texastechfcu.org
Branches:6 branch locations
Members:26,750
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, 2020
FHLB Member:Yes
Low Income Designation:No
Assets:$283,047,330
CEO/Manager:Chris Hutson
Chairperson:Ronald Phillips

Call Report

  • Credit Builder
  • Indirect Consumer Loans
  • Micro Consumer Loans
  • Overdraft Lines of Credit
  • Overdraft Protection
  • Participation Loans
  • Real Estate Loans
  • Risk Based Loans
  • Share Secured Credit Cards
  • ATM/Debit Card Program
  • Check Cashing
  • First Time Homebuyer Program
  • In-School Branches
  • Insurance/Investment Sales
  • International Remittances
  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 40,134,169
TOTAL INVESTMENTS 5,499,854
Loans Held for Sale 22,263,579
 
 Real Estate Loans 73,646,882
 Unsecured Loans 12,712,072
 Other Loans 100,405,825
 TOTAL LOANS 186,764,779
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -1,223,159
 Land And Building 14,267,270
 Other Fixed Assets 2,490,420
 NCUSIF Deposit 2,071,131
 All Other Assets 10,779,287
  TOTAL ASSETS 283,047,330
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 6,191,532
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 41,196,265
 Regular shares 96,831,563
 All Other Shares & Deposits 108,308,389
  TOTAL SHARES & DEPOSITS 246,336,217
  TOTAL LIABILITIES 252,527,749
 Regular Reserve 728,063
 Other Reserves 7,356,026
 Undivided Earnings 22,435,492
  TOTAL EQUITY 30,519,581
  TOTAL LIABILITIES, SHARES, & EQUITY 283,047,330
INCOME & EXPENSE  
 Loan Income 9,546,354
 Investment Income 158,511
 Other Income 18,754,232
 Total Employee Compensation & Benefits 12,097,453
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 8,376,279
 Non-operating Income & (Expense) 417,303
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 1,134,018
 Cost of Funds 1,884,337
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 5,384,313
↑ Back to Top

Other Credit Unions

LITTLEFIELD SCHOOL EMPLOYEES FEDERAL CREDIT UNION
P.O. Box 567
LITTLEFIELD, TX 79339
W T N M ATLANTIC FEDERAL CREDIT UNION
PO BOX 467
DENVER CITY, TX 79323-0467
LUBBOCK TELCO FEDERAL CREDIT UNION
P O BOX 16499
LUBBOCK, TX 79490
HALE COUNTY TEACHERS FEDERAL CREDIT UNION
611 Broadway St.
PLAINVIEW, TX 79072
PLAINS FEDERAL CREDIT UNION
P. O. Box 670
PLAINVIEW, TX 79073
COCHRAN COUNTY SCHOOLS FEDERAL CREDIT UNION
PO BOX 695
MORTON, TX 79346
YOAKUM COUNTY FEDERAL CREDIT UNION
PO BOX 395
PLAINS, TX 79355
SCURRY COUNTY SCHOOL FEDERAL CREDIT UNION
1903 40TH ST
SNYDER, TX 79549
CAPROCK SANTA FE CREDIT UNION
PO BOX 100
SLATON, TX 79364
HOCKLEY COUNTY SCHOOL EMPLOYEES CREDIT UNION
504 Clubview Dr
LEVELLAND, TX 79336