Sep, 30, 2025 — SECURITY FIRST CREDIT UNION is a federal credit union headquartered in EDINBURG, TX with 9 branch locations and about $517.54 million in total assets. Opened 79 years ago in 1947, SECURITY FIRST CREDIT UNION has about 42,309 members and employs 128 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | SECURITY FIRST CREDIT UNION |
|---|---|
| Address: (Main Office) | 3515 S Jackson Rd EDINBURG, TX 78539-6600 |
| Phone: | (956) 661-4000 |
| Fax: | (956) 661-4022 |
| Website: | https://www.securityfirstcu.com |
| Branches: | 9 branch locations |
| Members: | 42,309 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 5547 |
|---|---|
| Membership Type: | Community credit unions, urban or rural, other than those designated 'low income' |
| Corporate Credit Union: | No |
| Year Opened: | 1947 |
| Last Audited: | Dec 01, 2024 |
| FHLB Member: | Yes |
| Low Income Designation: | No |
| Assets: | $517,540,747 |
| CEO/Manager: | Andy Reed |
| Chairperson: | Cesar Aleman |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 97,183,791 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 51,910,515 |
| Unsecured Loans | 13,025,893 |
| Other Loans | 302,730,399 |
| TOTAL LOANS | 367,691,812 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -4,453,169 |
| Land And Building | 7,765,023 |
| Other Fixed Assets | 979,280 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 4,233,061 |
| All Other Assets | 0 |
| TOTAL ASSETS | 517,540,747 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 5,825,963 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 107,598,319 |
| Regular shares | 182,173,944 |
| All Other Shares & Deposits | 166,375,344 |
| TOTAL SHARES & DEPOSITS | 456,147,608 |
| TOTAL LIABILITIES | 461,973,571 |
| Regular Reserve | 0 |
| Other Reserves | -1,163,401 |
| Undivided Earnings | 56,730,577 |
| TOTAL EQUITY | 55,567,176 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 517,540,747 |
| INCOME & EXPENSE | |
| Loan Income | 14,478,565 |
| Investment Income | 3,375,119 |
| Other Income | 2,727,012 |
| Total Employee Compensation & Benefits | 6,347,612 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 7,334,678 |
| Non-operating Income & (Expense) | 180 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 1,576,976 |
| Cost of Funds | 4,494,871 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 3,297,466 |
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