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TULSA FEDERAL CREDIT UNION

Sep, 30, 2025 — TULSA FEDERAL CREDIT UNION is a federal credit union headquartered in TULSA, OK with 14 branch locations and about $967.75 million in total assets. Opened 83 years ago in 1943, TULSA FEDERAL CREDIT UNION has about 60,333 members and employs 234 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:TULSA FEDERAL CREDIT UNION
Address:
(Main Office)
9323 E 21st St
TULSA, OK 74129-1400
Phone:(918) 610-0200
Fax:(918) 610-0224
Website:https://www.westreet.org
Branches:14 branch locations
Members:60,333
Credit Union Type:Federal Credit Union
Charter Number:24812
Membership Type:Community credit unions, urban or rural, other than those designated 'low income'
Corporate Credit Union:No
Year Opened:1943
Last Audited:Dec 01, 2024
FHLB Member:Yes
Low Income Designation:No
Assets:$967,745,094
CEO/Manager:Gregory Gallant
Chairperson:Patrick Ohlson

Call Report

  • Payday Alternative Loans (PAL Loans)
  • First Time Homebuyer Program
  • International Remittances
  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 51,994,675
TOTAL INVESTMENTS 0
Loans Held for Sale 493,720
 
 Real Estate Loans 444,201,074
 Unsecured Loans 16,520,322
 Other Loans 285,744,093
 TOTAL LOANS 750,543,629
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -8,625,927
 Land And Building 11,727,819
 Other Fixed Assets 9,167,716
 NCUSIF (National Credit Union Share Insurance Fund) Deposit 7,843,532
 All Other Assets 0
  TOTAL ASSETS 967,745,094
LIABILITIES & CAPITAL:  
 Dividends Payable 29,763
 Notes & Interest Payable 17,000,000
 Accounts Payable & Other Liabilities 10,787,922
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 18,000,000
 Share Drafts 152,957,680
 Regular shares 175,669,332
 All Other Shares & Deposits 529,717,938
  TOTAL SHARES & DEPOSITS 858,344,950
  TOTAL LIABILITIES 904,162,635
 Regular Reserve 0
 Other Reserves -455,018
 Undivided Earnings 64,037,477
  TOTAL EQUITY 63,582,459
  TOTAL LIABILITIES, SHARES, & EQUITY 967,745,094
INCOME & EXPENSE  
 Loan Income 35,152,007
 Investment Income 3,564,359
 Other Income 4,521,790
 Total Employee Compensation & Benefits 15,429,127
 NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense 0
 Total Other Operating Expenses 12,480,016
 Non-operating Income & (Expense) 1,132,703
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 3,967,334
 Cost of Funds 14,609,084
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 1,393,448
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