Sep, 30, 2025 — MID-TEX FEDERAL CREDIT UNION is a federal credit union headquartered in BROWNWOOD, TX with 1 branch location and about $36.58 million in total assets. Opened 65 years ago in 1961, MID-TEX FEDERAL CREDIT UNION has about 3,173 members and employs 10 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | MID-TEX FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 3808 HIGHWAY 377 S BROWNWOOD, TX 76801-5120 |
| Phone: | (325) 646-5266 |
| Fax: | (325) 646-4872 |
| Website: | https://www.mtfcu.org |
| Branches: | 1 branch locations |
| Members: | 3,173 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 24454 |
|---|---|
| Membership Type: | Community credit unions, urban or rural, other than those designated 'low income' |
| Corporate Credit Union: | No |
| Year Opened: | 1961 |
| Last Audited: | Dec 01, 2024 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $36,584,077 |
| CEO/Manager: | ROBERT J HAGOOD |
| Chairperson: | MIKE STONE |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 3,291,036 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 6,397,994 |
| Unsecured Loans | 557,122 |
| Other Loans | 12,883,389 |
| TOTAL LOANS | 20,682,867 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -151,597 |
| Land And Building | 1,524,081 |
| Other Fixed Assets | 116,908 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 299,789 |
| All Other Assets | 0 |
| TOTAL ASSETS | 36,584,077 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 8,502 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 252,136 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 7,943,512 |
| Regular shares | 20,920,081 |
| All Other Shares & Deposits | 4,373,388 |
| TOTAL SHARES & DEPOSITS | 33,236,981 |
| TOTAL LIABILITIES | 33,497,619 |
| Regular Reserve | 0 |
| Other Reserves | 0 |
| Undivided Earnings | 3,086,458 |
| TOTAL EQUITY | 3,086,458 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 36,584,077 |
| INCOME & EXPENSE | |
| Loan Income | 950,922 |
| Investment Income | 376,898 |
| Other Income | 334,751 |
| Total Employee Compensation & Benefits | 485,907 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 863,239 |
| Non-operating Income & (Expense) | -3 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 5,984 |
| Cost of Funds | 147,051 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 199,032 |
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