Sep, 30, 2025 — FIVEPOINT CREDIT UNION is a federally insured state chartered credit union headquartered in NEDERLAND, TX with 8 branch locations and about $1.08 billion in total assets. Opened 91 years ago in 1935, FIVEPOINT CREDIT UNION has about 56,964 members and employs 215 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | FIVEPOINT CREDIT UNION |
|---|---|
| Address: (Main Office) | 3700 Skyline Dr NEDERLAND, TX 77642 |
| Phone: | (800) 825-8829 |
| Fax: | |
| Website: | https://www.5pointcu.org |
| Branches: | 8 branch locations |
| Members: | 56,964 |
| Credit Union Type: | Federally Insured State Chartered Credit Union |
| Charter Number: | 68643 |
|---|---|
| Membership Type: | State chartered natural person |
| Corporate Credit Union: | No |
| Year Opened: | 1935 |
| Last Audited: | Dec 01, 2024 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $1,079,542,695 |
| CEO/Manager: | Erik Shaw |
| Chairperson: |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 67,472,549 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 314,628,836 |
| Unsecured Loans | 88,689,721 |
| Other Loans | 446,243,606 |
| TOTAL LOANS | 849,562,162 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -6,381,043 |
| Land And Building | 28,006,909 |
| Other Fixed Assets | 8,443,877 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 8,509,457 |
| All Other Assets | 0 |
| TOTAL ASSETS | 1,079,542,695 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 360,049 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 19,565,812 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 149,872,132 |
| Regular shares | 277,984,807 |
| All Other Shares & Deposits | 539,391,461 |
| TOTAL SHARES & DEPOSITS | 967,248,398 |
| TOTAL LIABILITIES | 987,174,259 |
| Regular Reserve | 0 |
| Other Reserves | -3,927,716 |
| Undivided Earnings | 96,296,152 |
| TOTAL EQUITY | 92,368,436 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 1,079,542,695 |
| INCOME & EXPENSE | |
| Loan Income | 41,946,214 |
| Investment Income | 1,973,351 |
| Other Income | 6,450,276 |
| Total Employee Compensation & Benefits | 18,915,127 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 15,502,170 |
| Non-operating Income & (Expense) | -73,280 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 4,728,780 |
| Cost of Funds | 15,410,297 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 5,292,481 |
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