Dec, 31, 2023 — STARR COUNTY TEACHERS FEDERAL CREDIT UNION is a federal credit union headquartered in RIO GRANDE CITY, TX with 2 branch locations and about $41.13 million in total assets. Opened 56 years ago in 1968, STARR COUNTY TEACHERS FEDERAL CREDIT UNION has about 4,539 members and employs 12 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
Name: | STARR COUNTY TEACHERS FEDERAL CREDIT UNION |
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Address: (Main Office) | 1322 E San Benito St RIO GRANDE CITY, TX 78582 |
Phone: | (956) 487-4044 |
Fax: | (956) 487-0489 |
Website: | https://www.starrfcu.com |
Branches: | 2 branch locations |
Members: | 4,539 |
Credit Union Type: | Federal Credit Union |
Charter Number: | 18559 |
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Membership Type: | Educational |
Corporate Credit Union: | No |
Year Opened: | 1968 |
Last Audited: | Jun 01, 2023 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $41,126,645 |
CEO/Manager: | Enedina P Nunez |
Chairperson: | Dario Salinas |
ASSETS: | $ Amount |
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Cash & Equivalents | 13,080,867 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 0 |
Real Estate Loans | 0 |
Unsecured Loans | 3,722,981 |
Other Loans | 6,013,482 |
TOTAL LOANS | 9,736,463 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -49,488 |
Land And Building | 1,315,512 |
Other Fixed Assets | 49,002 |
NCUSIF Deposit | 369,879 |
All Other Assets | 0 |
TOTAL ASSETS | 41,126,645 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 0 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 273,681 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 4,962,645 |
Regular shares | 25,329,725 |
All Other Shares & Deposits | 4,340,726 |
TOTAL SHARES & DEPOSITS | 34,633,096 |
TOTAL LIABILITIES | 34,906,777 |
Regular Reserve | 0 |
Other Reserves | 448,721 |
Undivided Earnings | 5,771,147 |
TOTAL EQUITY | 6,219,868 |
TOTAL LIABILITIES, SHARES, & EQUITY | 41,126,645 |
INCOME & EXPENSE | |
Loan Income | 766,214 |
Investment Income | 1,127,625 |
Other Income | 346,217 |
Total Employee Compensation & Benefits | 620,480 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 803,765 |
Non-operating Income & (Expense) | 0 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 61,728 |
Cost of Funds | 142,467 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | 659,841 |
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» See also Statement of Financial Condition