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LUBBOCK TELCO FEDERAL CREDIT UNION

Sep, 30, 2025 — LUBBOCK TELCO FEDERAL CREDIT UNION is a federal credit union headquartered in LUBBOCK, TX with 1 branch location and about $5.53 million in total assets. Opened 86 years ago in 1940, LUBBOCK TELCO FEDERAL CREDIT UNION has about 535 members and employs 3 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:LUBBOCK TELCO FEDERAL CREDIT UNION
Address:
(Main Office)
P O BOX 16499
LUBBOCK, TX 79490
Phone:(806) 797-8044
Fax:(806) 797-8045
Website:n/a
Branches:1 branch locations
Members:535
Credit Union Type:Federal Credit Union
Charter Number:3878
Membership Type:Multiple common bond - Primarily communications and utilities
Corporate Credit Union:No
Year Opened:1940
Last Audited:Dec 01, 2021
FHLB Member:No
Low Income Designation:No
Assets:$5,529,693
CEO/Manager:DEWEY D TUCKER
Chairperson:KEVIN PAUWELS

Call Report

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 2,856,112
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 0
 Unsecured Loans 55,074
 Other Loans 1,542,151
 TOTAL LOANS 1,597,225
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -8,691
 Land And Building 33,576
 Other Fixed Assets 109
 NCUSIF (National Credit Union Share Insurance Fund) Deposit 40,294
 All Other Assets 0
  TOTAL ASSETS 5,529,693
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 17,906
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 0
 Regular shares 3,927,054
 All Other Shares & Deposits 0
  TOTAL SHARES & DEPOSITS 3,927,054
  TOTAL LIABILITIES 3,944,960
 Regular Reserve 0
 Other Reserves 1,467,521
 Undivided Earnings 117,212
  TOTAL EQUITY 1,584,733
  TOTAL LIABILITIES, SHARES, & EQUITY 5,529,693
INCOME & EXPENSE  
 Loan Income 53,381
 Investment Income 27,662
 Other Income 367
 Total Employee Compensation & Benefits 75,469
 NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense 0
 Total Other Operating Expenses 26,336
 Non-operating Income & (Expense) 85,315
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 0
 Cost of Funds 7,000
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 57,920
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