Sep, 30, 2025 — INTOUCH CREDIT UNION is a federally insured state chartered credit union headquartered in PLANO, TX with 10 branch locations and about $808.46 million in total assets. Opened 52 years ago in 1974, INTOUCH CREDIT UNION has about 71,424 members and employs 140 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | INTOUCH CREDIT UNION |
|---|---|
| Address: (Main Office) | 5640 Democracy Dr PLANO, TX 75024 |
| Phone: | (214) 291-1776 |
| Fax: | |
| Website: | https://www.itcu.org |
| Branches: | 10 branch locations |
| Members: | 71,424 |
| Credit Union Type: | Federally Insured State Chartered Credit Union |
| Charter Number: | 68505 |
|---|---|
| Membership Type: | State chartered natural person |
| Corporate Credit Union: | No |
| Year Opened: | 1974 |
| Last Audited: | Sep 01, 2024 |
| FHLB Member: | Yes |
| Low Income Designation: | No |
| Assets: | $808,458,768 |
| CEO/Manager: | Kent Lugrand |
| Chairperson: | Nancy Pressel |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 33,085,994 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 481,126,077 |
| Unsecured Loans | 28,228,949 |
| Other Loans | 132,149,061 |
| TOTAL LOANS | 641,504,087 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -6,158,119 |
| Land And Building | 24,423,655 |
| Other Fixed Assets | 2,289,135 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 6,925,704 |
| All Other Assets | 352,891 |
| TOTAL ASSETS | 808,458,768 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 7,000,000 |
| Accounts Payable & Other Liabilities | 10,968,801 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 215,050,767 |
| Regular shares | 158,130,277 |
| All Other Shares & Deposits | 349,034,818 |
| TOTAL SHARES & DEPOSITS | 722,215,862 |
| TOTAL LIABILITIES | 740,290,998 |
| Regular Reserve | 0 |
| Other Reserves | 3,530,847 |
| Undivided Earnings | 64,636,923 |
| TOTAL EQUITY | 68,167,770 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 808,458,768 |
| INCOME & EXPENSE | |
| Loan Income | 24,198,839 |
| Investment Income | 6,713,295 |
| Other Income | 1,865,676 |
| Total Employee Compensation & Benefits | 11,194,475 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 15,263,405 |
| Non-operating Income & (Expense) | 6,777,768 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 3,547,369 |
| Cost of Funds | 12,325,557 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | -289,868 |
| ↑ Back to Top | |