Sep, 30, 2025 — ASSOCIATED CREDIT UNION OF TEXAS is a federally insured state chartered credit union headquartered in LEAGUE CITY, TX with 12 branch locations and about $543.68 million in total assets. Opened 58 years ago in 1968, ASSOCIATED CREDIT UNION OF TEXAS has about 44,043 members and employs 159 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | ASSOCIATED CREDIT UNION OF TEXAS |
|---|---|
| Address: (Main Office) | 1095 W League City Pkwy LEAGUE CITY, TX 77573 |
| Phone: | (409) 945-4474 |
| Fax: | (409) 942-1577 |
| Website: | https://www.acutx.org |
| Branches: | 12 branch locations |
| Members: | 44,043 |
| Credit Union Type: | Federally Insured State Chartered Credit Union |
| Charter Number: | 60608 |
|---|---|
| Membership Type: | State chartered natural person |
| Corporate Credit Union: | No |
| Year Opened: | 1968 |
| Last Audited: | Dec 01, 2024 |
| FHLB Member: | Yes |
| Low Income Designation: | No |
| Assets: | $543,678,477 |
| CEO/Manager: | Clay Franks |
| Chairperson: | Joel Mueller |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 41,034,734 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 275,925 |
| Real Estate Loans | 111,019,658 |
| Unsecured Loans | 79,276,545 |
| Other Loans | 255,955,970 |
| TOTAL LOANS | 446,252,173 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -10,459,519 |
| Land And Building | 14,761,189 |
| Other Fixed Assets | 400,832 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 4,416,961 |
| All Other Assets | 150,773 |
| TOTAL ASSETS | 543,678,477 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 392,839 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 4,720,887 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 112,927,832 |
| Regular shares | 162,964,699 |
| All Other Shares & Deposits | 203,365,137 |
| TOTAL SHARES & DEPOSITS | 479,257,668 |
| TOTAL LIABILITIES | 484,371,394 |
| Regular Reserve | 0 |
| Other Reserves | -3,302,335 |
| Undivided Earnings | 62,609,418 |
| TOTAL EQUITY | 59,307,083 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 543,678,477 |
| INCOME & EXPENSE | |
| Loan Income | 25,719,134 |
| Investment Income | 1,191,629 |
| Other Income | 3,765,598 |
| Total Employee Compensation & Benefits | 11,864,802 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 12,519,928 |
| Non-operating Income & (Expense) | 538,911 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 5,980,685 |
| Cost of Funds | 4,051,144 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 5,944,424 |
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