Sep, 30, 2025 — ODESSA EMPLOYEES CREDIT UNION is a federally insured state chartered credit union headquartered in ODESSA, TX with 2 branch locations and about $19.99 million in total assets. Opened 73 years ago in 1953, ODESSA EMPLOYEES CREDIT UNION has about 1,367 members and employs 6 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | ODESSA EMPLOYEES CREDIT UNION |
|---|---|
| Address: (Main Office) | 1006 E 7th St ODESSA, TX 79761-4623 |
| Phone: | (432) 333-2510 |
| Fax: | (432) 333-3823 |
| Website: | https://www.odessaecu.com |
| Branches: | 2 branch locations |
| Members: | 1,367 |
| Credit Union Type: | Federally Insured State Chartered Credit Union |
| Charter Number: | 67534 |
|---|---|
| Membership Type: | State chartered natural person |
| Corporate Credit Union: | No |
| Year Opened: | 1953 |
| Last Audited: | Sep 01, 2024 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $19,994,372 |
| CEO/Manager: | Alva O Acosta |
| Chairperson: | Norma Aguilar |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 1,945,831 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 985,162 |
| Unsecured Loans | 445,497 |
| Other Loans | 8,438,410 |
| TOTAL LOANS | 9,869,069 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -65,446 |
| Land And Building | 217,592 |
| Other Fixed Assets | 35,142 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 164,490 |
| All Other Assets | 0 |
| TOTAL ASSETS | 19,994,372 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 143,372 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 4,007,911 |
| Regular shares | 10,282,451 |
| All Other Shares & Deposits | 2,282,628 |
| TOTAL SHARES & DEPOSITS | 16,572,991 |
| TOTAL LIABILITIES | 16,716,363 |
| Regular Reserve | 0 |
| Other Reserves | 0 |
| Undivided Earnings | 3,278,009 |
| TOTAL EQUITY | 3,278,009 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 19,994,372 |
| INCOME & EXPENSE | |
| Loan Income | 366,124 |
| Investment Income | 279,089 |
| Other Income | 95,781 |
| Total Employee Compensation & Benefits | 260,373 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 325,080 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | -1,244 |
| Cost of Funds | 21,524 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 146,047 |
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