Sep, 30, 2025 — MIDLAND MUNICIPAL EMPLOYEES CREDIT UNION is a federally insured state chartered credit union headquartered in MIDLAND, TX with 1 branch location and about $17.29 million in total assets. Opened 73 years ago in 1953, MIDLAND MUNICIPAL EMPLOYEES CREDIT UNION has about 1,295 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | MIDLAND MUNICIPAL EMPLOYEES CREDIT UNION |
|---|---|
| Address: (Main Office) | 300 N Loraine St MIDLAND, TX 79701-4725 |
| Phone: | (432) 685-7933 |
| Fax: | (432) 686-1620 |
| Website: | n/a |
| Branches: | 1 branch locations |
| Members: | 1,295 |
| Credit Union Type: | Federally Insured State Chartered Credit Union |
| Charter Number: | 67475 |
|---|---|
| Membership Type: | State chartered natural person |
| Corporate Credit Union: | No |
| Year Opened: | 1953 |
| Last Audited: | Dec 01, 2024 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $17,291,071 |
| CEO/Manager: | Amber L Pearce |
| Chairperson: | Michael Cota |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 823,874 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 0 |
| Unsecured Loans | 436,048 |
| Other Loans | 4,108,662 |
| TOTAL LOANS | 4,544,710 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -19,779 |
| Land And Building | 0 |
| Other Fixed Assets | 16,251 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 141,823 |
| All Other Assets | 0 |
| TOTAL ASSETS | 17,291,071 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 50,068 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 45,466 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 0 |
| Regular shares | 11,798,676 |
| All Other Shares & Deposits | 2,943,924 |
| TOTAL SHARES & DEPOSITS | 14,742,601 |
| TOTAL LIABILITIES | 14,838,135 |
| Regular Reserve | 0 |
| Other Reserves | 0 |
| Undivided Earnings | 2,452,936 |
| TOTAL EQUITY | 2,452,936 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 17,291,071 |
| INCOME & EXPENSE | |
| Loan Income | 198,654 |
| Investment Income | 265,819 |
| Other Income | 287 |
| Total Employee Compensation & Benefits | 175,253 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 57,701 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 5,825 |
| Cost of Funds | 162,670 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 63,311 |
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