Sep, 30, 2025 — MEMBERS CHOICE OF CENTRAL TEXAS FEDERAL CREDIT UNION is a federal credit union headquartered in WACO, TX with 3 branch locations and about $210.78 million in total assets. Opened 91 years ago in 1935, MEMBERS CHOICE OF CENTRAL TEXAS FEDERAL CREDIT UNION has about 18,562 members and employs 51 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | MEMBERS CHOICE OF CENTRAL TEXAS FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 4631 W Waco Dr WACO, TX 76710 |
| Phone: | (254) 776-7070 |
| Fax: | |
| Website: | https://www.choicefcu.com |
| Branches: | 3 branch locations |
| Members: | 18,562 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 199 |
|---|---|
| Membership Type: | Community - Rural District |
| Corporate Credit Union: | No |
| Year Opened: | 1935 |
| Last Audited: | Sep 01, 2025 |
| FHLB Member: | Yes |
| Low Income Designation: | No |
| Assets: | $210,784,132 |
| CEO/Manager: | Don Cox |
| Chairperson: | Brenda Alligood |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 30,500,864 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 59,335,603 |
| Unsecured Loans | 6,558,567 |
| Other Loans | 64,897,572 |
| TOTAL LOANS | 130,791,742 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -549,902 |
| Land And Building | 2,236,564 |
| Other Fixed Assets | 488,338 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 1,681,620 |
| All Other Assets | 41,733 |
| TOTAL ASSETS | 210,784,132 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 57,828 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 1,598,979 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 30,604,823 |
| Regular shares | 75,828,111 |
| All Other Shares & Deposits | 73,868,228 |
| TOTAL SHARES & DEPOSITS | 180,301,161 |
| TOTAL LIABILITIES | 181,957,968 |
| Regular Reserve | 0 |
| Other Reserves | -4,478,796 |
| Undivided Earnings | 33,304,960 |
| TOTAL EQUITY | 28,826,164 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 210,784,132 |
| INCOME & EXPENSE | |
| Loan Income | 5,452,111 |
| Investment Income | 1,441,896 |
| Other Income | 1,097,025 |
| Total Employee Compensation & Benefits | 2,752,866 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 2,980,795 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 349,142 |
| Cost of Funds | 1,954,820 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 1,096,773 |
| ↑ Back to Top | |