Sep, 30, 2025 — CHEROKEE COUNTY FEDERAL CREDIT UNION is a federal credit union headquartered in RUSK, TX with 2 branch locations and about $51.37 million in total assets. Opened 66 years ago in 1960, CHEROKEE COUNTY FEDERAL CREDIT UNION has about 4,840 members and employs 19 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | CHEROKEE COUNTY FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 144 N Henderson St RUSK, TX 75785 |
| Phone: | (903) 683-2527 |
| Fax: | (903) 683-3499 |
| Website: | https://www.cherokeecountyfcu.com |
| Branches: | 2 branch locations |
| Members: | 4,840 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 13591 |
|---|---|
| Membership Type: | Community credit unions, urban or rural, other than those designated 'low income' |
| Corporate Credit Union: | No |
| Year Opened: | 1960 |
| Last Audited: | Mar 01, 2025 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $51,374,999 |
| CEO/Manager: | Kim De Leon |
| Chairperson: | Greg Allbright |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 8,109,518 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 0 |
| Unsecured Loans | 1,122,397 |
| Other Loans | 28,309,855 |
| TOTAL LOANS | 29,432,252 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -167,627 |
| Land And Building | 3,942,946 |
| Other Fixed Assets | 409,301 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 309,920 |
| All Other Assets | 6,287 |
| TOTAL ASSETS | 51,374,999 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 106,912 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 6,189,460 |
| Regular shares | 16,235,047 |
| All Other Shares & Deposits | 16,954,692 |
| TOTAL SHARES & DEPOSITS | 39,379,199 |
| TOTAL LIABILITIES | 39,486,111 |
| Regular Reserve | 0 |
| Other Reserves | 0 |
| Undivided Earnings | 11,888,888 |
| TOTAL EQUITY | 11,888,888 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 51,374,999 |
| INCOME & EXPENSE | |
| Loan Income | 1,657,493 |
| Investment Income | 322,739 |
| Other Income | 297,870 |
| Total Employee Compensation & Benefits | 705,557 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 744,926 |
| Non-operating Income & (Expense) | 163,205 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 344,848 |
| Cost of Funds | 535,273 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 134,419 |
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