Sep, 30, 2025 — HEREFORD TEXAS FEDERAL CREDIT UNION is a federal credit union headquartered in HEREFORD, TX with 2 branch locations and about $72.70 million in total assets. Opened 90 years ago in 1936, HEREFORD TEXAS FEDERAL CREDIT UNION has about 8,214 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: | HEREFORD TEXAS FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 330 Schley Ave HEREFORD, TX 79045-5539 |
| Phone: | (806) 364-1888 |
| Fax: | (806) 364-8638 |
| Website: | https://www.htfcu.com |
| Branches: | 2 branch locations |
| Members: | 8,214 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 1401 |
|---|---|
| Membership Type: | Community credit unions, urban or rural, other than those designated 'low income' |
| Corporate Credit Union: | No |
| Year Opened: | 1936 |
| Last Audited: | Dec 01, 2024 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $72,697,230 |
| CEO/Manager: | Brenda Fuentes |
| Chairperson: | David A Collins |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 2,085,546 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 0 |
| Unsecured Loans | 2,144,772 |
| Other Loans | 39,928,705 |
| TOTAL LOANS | 42,073,477 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -497,209 |
| Land And Building | 5,261,166 |
| Other Fixed Assets | 175,132 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 526,359 |
| All Other Assets | 32,238 |
| TOTAL ASSETS | 72,697,230 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 8,659 |
| Accounts Payable & Other Liabilities | 1,363,368 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 8,290,403 |
| Regular shares | 29,407,038 |
| All Other Shares & Deposits | 17,586,571 |
| TOTAL SHARES & DEPOSITS | 55,284,012 |
| TOTAL LIABILITIES | 56,656,039 |
| Regular Reserve | 0 |
| Other Reserves | 0 |
| Undivided Earnings | 16,041,191 |
| TOTAL EQUITY | 16,041,191 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 72,697,230 |
| INCOME & EXPENSE | |
| Loan Income | 2,306,914 |
| Investment Income | 682,848 |
| Other Income | 799,151 |
| Total Employee Compensation & Benefits | 1,280,412 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 1,319,834 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 276,547 |
| Cost of Funds | 628,040 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 313,770 |
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