Sep, 30, 2025 — CITY FEDERAL CREDIT UNION is a federal credit union headquartered in AMARILLO, TX with 3 branch locations and about $87.07 million in total assets. Opened 78 years ago in 1948, CITY FEDERAL CREDIT UNION has about 3,077 members and employs 16 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | CITY FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 901 S LINCOLN ST AMARILLO, TX 79101-3637 |
| Phone: | (806) 373-4313 |
| Fax: | (806) 373-9120 |
| Website: | https://www.cityfederalcu.com |
| Branches: | 3 branch locations |
| Members: | 3,077 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 5665 |
|---|---|
| Membership Type: | Multiple common bond - Primarily federal, state, local government |
| Corporate Credit Union: | No |
| Year Opened: | 1948 |
| Last Audited: | Sep 01, 2024 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $87,067,208 |
| CEO/Manager: | Eric Nystrom |
| Chairperson: | Thomas Higgins |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 5,150,346 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 17,889,507 |
| Unsecured Loans | 33,738,681 |
| Other Loans | 23,847,591 |
| TOTAL LOANS | 75,504,864 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -1,341,571 |
| Land And Building | 3,568,177 |
| Other Fixed Assets | 605,288 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 464,342 |
| All Other Assets | 0 |
| TOTAL ASSETS | 87,067,208 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 52,898 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 419,253 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 8,505,000 |
| Share Drafts | 7,233,797 |
| Regular shares | 22,340,310 |
| All Other Shares & Deposits | 43,098,913 |
| TOTAL SHARES & DEPOSITS | 72,673,020 |
| TOTAL LIABILITIES | 81,650,171 |
| Regular Reserve | 0 |
| Other Reserves | 0 |
| Undivided Earnings | 5,417,037 |
| TOTAL EQUITY | 5,417,037 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 87,067,208 |
| INCOME & EXPENSE | |
| Loan Income | 3,917,784 |
| Investment Income | 294,769 |
| Other Income | 147,295 |
| Total Employee Compensation & Benefits | 890,847 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 1,091,816 |
| Non-operating Income & (Expense) | 179,662 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 737,097 |
| Cost of Funds | 1,856,030 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | -36,280 |
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