Sep, 30, 2025 — HOCKLEY COUNTY SCHOOL EMPLOYEES CREDIT UNION is a federally insured state chartered credit union headquartered in LEVELLAND, TX with 1 branch location and about $41.09 million in total assets. Opened 72 years ago in 1954, HOCKLEY COUNTY SCHOOL EMPLOYEES CREDIT UNION has about 3,990 members and employs 15 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | HOCKLEY COUNTY SCHOOL EMPLOYEES CREDIT UNION |
|---|---|
| Address: (Main Office) | 504 Clubview Dr LEVELLAND, TX 79336 |
| Phone: | (806) 894-6204 |
| Fax: | (806) 897-4071 |
| Website: | https://www.hcsecu.org |
| Branches: | 1 branch locations |
| Members: | 3,990 |
| Credit Union Type: | Federally Insured State Chartered Credit Union |
| Charter Number: | 67516 |
|---|---|
| Membership Type: | State chartered natural person |
| Corporate Credit Union: | No |
| Year Opened: | 1954 |
| Last Audited: | Mar 01, 2025 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $41,094,644 |
| CEO/Manager: | Russell W Vest |
| Chairperson: | Lyndon Hardin |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 1,166,034 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 0 |
| Unsecured Loans | 2,953,183 |
| Other Loans | 22,082,744 |
| TOTAL LOANS | 25,035,927 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -243,610 |
| Land And Building | 4,686,058 |
| Other Fixed Assets | 56,468 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 328,364 |
| All Other Assets | 0 |
| TOTAL ASSETS | 41,094,644 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 128,631 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 586,286 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 1,458,805 |
| Regular shares | 17,862,964 |
| All Other Shares & Deposits | 16,935,536 |
| TOTAL SHARES & DEPOSITS | 36,257,305 |
| TOTAL LIABILITIES | 36,972,222 |
| Regular Reserve | 0 |
| Other Reserves | 0 |
| Undivided Earnings | 4,122,422 |
| TOTAL EQUITY | 4,122,422 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 41,094,644 |
| INCOME & EXPENSE | |
| Loan Income | 1,502,088 |
| Investment Income | 197,186 |
| Other Income | 237,685 |
| Total Employee Compensation & Benefits | 659,949 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 632,778 |
| Non-operating Income & (Expense) | 112,445 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 363,357 |
| Cost of Funds | 676,246 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | -220,340 |
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