Sep, 30, 2025 — MATAGORDA COUNTY CREDIT UNION is a federally insured state chartered credit union headquartered in BAY CITY, TX with 1 branch location and about $35.84 million in total assets. Opened 65 years ago in 1961, MATAGORDA COUNTY CREDIT UNION has about 2,445 members and employs 7 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | MATAGORDA COUNTY CREDIT UNION |
|---|---|
| Address: (Main Office) | 3700 Avenue F BAY CITY, TX 77414 |
| Phone: | (979) 245-8674 |
| Fax: | (979) 245-1526 |
| Website: | https://www.matagordaccu.com |
| Branches: | 1 branch locations |
| Members: | 2,445 |
| Credit Union Type: | Federally Insured State Chartered Credit Union |
| Charter Number: | 67545 |
|---|---|
| Membership Type: | State chartered natural person |
| Corporate Credit Union: | No |
| Year Opened: | 1961 |
| Last Audited: | Dec 01, 2024 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $35,843,183 |
| CEO/Manager: | Mindy Neel |
| Chairperson: | ROBERT REED |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 5,798,979 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 3,908,949 |
| Unsecured Loans | 925,888 |
| Other Loans | 11,817,411 |
| TOTAL LOANS | 16,652,248 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -46,778 |
| Land And Building | 229,097 |
| Other Fixed Assets | 3,178 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 287,322 |
| All Other Assets | 0 |
| TOTAL ASSETS | 35,843,183 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 140,285 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 5,143,264 |
| Regular shares | 19,795,428 |
| All Other Shares & Deposits | 4,907,518 |
| TOTAL SHARES & DEPOSITS | 29,846,209 |
| TOTAL LIABILITIES | 29,986,494 |
| Regular Reserve | 0 |
| Other Reserves | 0 |
| Undivided Earnings | 5,856,689 |
| TOTAL EQUITY | 5,856,689 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 35,843,183 |
| INCOME & EXPENSE | |
| Loan Income | 603,355 |
| Investment Income | 555,872 |
| Other Income | 123,673 |
| Total Employee Compensation & Benefits | 266,395 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 428,650 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 10,387 |
| Cost of Funds | 136,621 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 525,568 |
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