Sep, 30, 2025 — GULF COAST EDUCATORS FEDERAL CREDIT UNION is a federal credit union headquartered in PASADENA, TX with 9 branch locations and about $1.26 billion in total assets. Opened 78 years ago in 1948, GULF COAST EDUCATORS FEDERAL CREDIT UNION has about 61,416 members and employs 184 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | GULF COAST EDUCATORS FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 5953 Fairmont Pkwy PASADENA, TX 77505 |
| Phone: | (281) 487-9333 |
| Fax: | (281) 998-5891 |
| Website: | https://www.gcefcu.org |
| Branches: | 9 branch locations |
| Members: | 61,416 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 5648 |
|---|---|
| Membership Type: | Educational |
| Corporate Credit Union: | No |
| Year Opened: | 1948 |
| Last Audited: | Mar 01, 2025 |
| FHLB Member: | Yes |
| Low Income Designation: | No |
| Assets: | $1,264,964,769 |
| CEO/Manager: | Eric Stegall |
| Chairperson: | Stephen Harrell |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 97,878,719 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 458,334,411 |
| Unsecured Loans | 85,167,633 |
| Other Loans | 337,295,772 |
| TOTAL LOANS | 880,797,817 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -7,919,435 |
| Land And Building | 7,201,952 |
| Other Fixed Assets | 1,052,316 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 6,704,966 |
| All Other Assets | 21,000 |
| TOTAL ASSETS | 1,264,964,769 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 3,582,837 |
| Notes & Interest Payable | 75,000,000 |
| Accounts Payable & Other Liabilities | 11,320,873 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 136,491,445 |
| Regular shares | 306,794,186 |
| All Other Shares & Deposits | 583,196,320 |
| TOTAL SHARES & DEPOSITS | 1,026,481,951 |
| TOTAL LIABILITIES | 1,116,385,661 |
| Regular Reserve | 0 |
| Other Reserves | -42,666,033 |
| Undivided Earnings | 191,245,141 |
| TOTAL EQUITY | 148,579,108 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 1,264,964,769 |
| INCOME & EXPENSE | |
| Loan Income | 40,498,577 |
| Investment Income | 6,614,709 |
| Other Income | 4,980,391 |
| Total Employee Compensation & Benefits | 13,641,748 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 16,515,847 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 5,685,725 |
| Cost of Funds | 18,417,211 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 4,446,437 |
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