Sep, 30, 2025 — CREDIT UNION OF TEXAS is a federally insured state chartered credit union headquartered in ALLEN, TX with 25 branch locations and about $2.67 billion in total assets. Opened 95 years ago in 1931, CREDIT UNION OF TEXAS has about 177,246 members and employs 547 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | CREDIT UNION OF TEXAS |
|---|---|
| Address: (Main Office) | 900 W Bethany Dr Ste 500 ALLEN, TX 75013-3834 |
| Phone: | (214) 818-3231 |
| Fax: | |
| Website: | https://www.cutx.org |
| Branches: | 25 branch locations |
| Members: | 177,246 |
| Credit Union Type: | Federally Insured State Chartered Credit Union |
| Charter Number: | 66327 |
|---|---|
| Membership Type: | State chartered natural person |
| Corporate Credit Union: | No |
| Year Opened: | 1931 |
| Last Audited: | Dec 01, 2024 |
| FHLB Member: | Yes |
| Low Income Designation: | No |
| Assets: | $2,670,082,522 |
| CEO/Manager: | Eric V Pointer |
| Chairperson: | Troy A Mathieu |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 102,826,637 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 201,996,630 |
| Real Estate Loans | 911,874,094 |
| Unsecured Loans | 77,459,932 |
| Other Loans | 1,030,063,060 |
| TOTAL LOANS | 2,019,397,086 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -13,949,367 |
| Land And Building | 75,779,174 |
| Other Fixed Assets | 52,316,377 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 18,816,069 |
| All Other Assets | 3,370,955 |
| TOTAL ASSETS | 2,670,082,522 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 86,915 |
| Notes & Interest Payable | 205,000,000 |
| Accounts Payable & Other Liabilities | 83,609,652 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 25,000,000 |
| Share Drafts | 429,503,954 |
| Regular shares | 507,569,603 |
| All Other Shares & Deposits | 1,225,696,008 |
| TOTAL SHARES & DEPOSITS | 2,162,769,565 |
| TOTAL LIABILITIES | 2,476,466,132 |
| Regular Reserve | 0 |
| Other Reserves | 27,428,424 |
| Undivided Earnings | 166,187,966 |
| TOTAL EQUITY | 193,616,390 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 2,670,082,522 |
| INCOME & EXPENSE | |
| Loan Income | 103,598,554 |
| Investment Income | 1,178,015 |
| Other Income | 21,084,712 |
| Total Employee Compensation & Benefits | 50,004,152 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 55,557,822 |
| Non-operating Income & (Expense) | 12,660 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 17,313,578 |
| Cost of Funds | 47,961,941 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 9,068,674 |
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