Sep, 30, 2025 — SWEETEX CREDIT UNION is a federally insured state chartered credit union headquartered in LONGVIEW, TX with 1 branch location and about $9.04 million in total assets. Opened 75 years ago in 1951, SWEETEX CREDIT UNION has about 715 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | SWEETEX CREDIT UNION |
|---|---|
| Address: (Main Office) | 4421 W Loop 281 LONGVIEW, TX 75604 |
| Phone: | (903) 753-1150 |
| Fax: | (903) 753-2078 |
| Website: | n/a |
| Branches: | 1 branch locations |
| Members: | 715 |
| Credit Union Type: | Federally Insured State Chartered Credit Union |
| Charter Number: | 67520 |
|---|---|
| Membership Type: | State chartered natural person |
| Corporate Credit Union: | No |
| Year Opened: | 1951 |
| Last Audited: | Dec 01, 2024 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $9,040,451 |
| CEO/Manager: | LaWanda Drennan |
| Chairperson: | Rita Hogan |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 343,141 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 188,278 |
| Unsecured Loans | 36,806 |
| Other Loans | 3,226,098 |
| TOTAL LOANS | 3,451,182 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -2,934 |
| Land And Building | 0 |
| Other Fixed Assets | 6,247 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 57,783 |
| All Other Assets | 0 |
| TOTAL ASSETS | 9,040,451 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 1,443 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 72,955 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 0 |
| Regular shares | 4,148,893 |
| All Other Shares & Deposits | 1,184,092 |
| TOTAL SHARES & DEPOSITS | 5,332,985 |
| TOTAL LIABILITIES | 5,407,383 |
| Regular Reserve | 0 |
| Other Reserves | 0 |
| Undivided Earnings | 3,633,068 |
| TOTAL EQUITY | 3,633,068 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 9,040,451 |
| INCOME & EXPENSE | |
| Loan Income | 130,943 |
| Investment Income | 182,020 |
| Other Income | 101 |
| Total Employee Compensation & Benefits | 120,944 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 56,258 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 0 |
| Cost of Funds | 57,361 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 80,707 |
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