Sep, 30, 2025 — SEMINOLE PUBLIC SCHOOLS FEDERAL CREDIT UNION is a federal credit union headquartered in SEMINOLE, TX with 1 branch location and about $7.58 million in total assets. Opened 61 years ago in 1965, SEMINOLE PUBLIC SCHOOLS FEDERAL CREDIT UNION has about 736 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | SEMINOLE PUBLIC SCHOOLS FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 207 SW 6th St SEMINOLE, TX 79360 |
| Phone: | (432) 758-3942 |
| Fax: | |
| Website: | n/a |
| Branches: | 1 branch locations |
| Members: | 736 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 17154 |
|---|---|
| Membership Type: | Educational |
| Corporate Credit Union: | No |
| Year Opened: | 1965 |
| Last Audited: | Jun 01, 2025 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $7,578,052 |
| CEO/Manager: | Karla E Morton |
| Chairperson: | Gaynette Turner |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 952,984 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 0 |
| Unsecured Loans | 470,028 |
| Other Loans | 2,259,601 |
| TOTAL LOANS | 2,729,629 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -31,408 |
| Land And Building | 0 |
| Other Fixed Assets | 6,303 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 56,255 |
| All Other Assets | 0 |
| TOTAL ASSETS | 7,578,052 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 33,709 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 0 |
| Regular shares | 5,903,979 |
| All Other Shares & Deposits | 0 |
| TOTAL SHARES & DEPOSITS | 5,903,979 |
| TOTAL LIABILITIES | 5,937,688 |
| Regular Reserve | 0 |
| Other Reserves | 0 |
| Undivided Earnings | 1,640,364 |
| TOTAL EQUITY | 1,640,364 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 7,578,052 |
| INCOME & EXPENSE | |
| Loan Income | 180,041 |
| Investment Income | 146,899 |
| Other Income | 291 |
| Total Employee Compensation & Benefits | 105,287 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 52,132 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 23,900 |
| Cost of Funds | 142,137 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 3,775 |
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