Sep, 30, 2025 — FREESTONE CREDIT UNION is a federally insured state chartered credit union headquartered in TEAGUE, TX with 3 branch locations and about $73.45 million in total assets. Opened 74 years ago in 1952, FREESTONE CREDIT UNION has about 5,009 members and employs 17 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | FREESTONE CREDIT UNION |
|---|---|
| Address: (Main Office) | 613 Main St TEAGUE, TX 75860-1627 |
| Phone: | (254) 739-2594 |
| Fax: | (254) 739-3371 |
| Website: | https://www.freestonecu.org |
| Branches: | 3 branch locations |
| Members: | 5,009 |
| Credit Union Type: | Federally Insured State Chartered Credit Union |
| Charter Number: | 68005 |
|---|---|
| Membership Type: | State chartered natural person |
| Corporate Credit Union: | No |
| Year Opened: | 1952 |
| Last Audited: | Jun 01, 2025 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $73,445,997 |
| CEO/Manager: | DeAnne Harris |
| Chairperson: | Mary Lee |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 16,173,558 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 14,590,056 |
| Unsecured Loans | 1,885,413 |
| Other Loans | 17,904,303 |
| TOTAL LOANS | 37,264,211 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -80,000 |
| Land And Building | 1,335,689 |
| Other Fixed Assets | 63,348 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 572,245 |
| All Other Assets | 0 |
| TOTAL ASSETS | 73,445,997 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 72,464 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 680,803 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 18,985,570 |
| Regular shares | 20,142,191 |
| All Other Shares & Deposits | 26,018,078 |
| TOTAL SHARES & DEPOSITS | 65,145,839 |
| TOTAL LIABILITIES | 65,899,106 |
| Regular Reserve | 0 |
| Other Reserves | 0 |
| Undivided Earnings | 7,546,891 |
| TOTAL EQUITY | 7,546,891 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 73,445,997 |
| INCOME & EXPENSE | |
| Loan Income | 1,508,160 |
| Investment Income | 828,996 |
| Other Income | 563,936 |
| Total Employee Compensation & Benefits | 683,325 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 900,388 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 13,444 |
| Cost of Funds | 652,372 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 660,622 |
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