Sep, 30, 2025 — ALLIANCE CREDIT UNION is a non-federally insured state credit union headquartered in LUBBOCK, TX with 10 branch locations and about $656.24 million in total assets. Opened 86 years ago in 1940, ALLIANCE CREDIT UNION has about 55,808 members and employs 216 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | ALLIANCE CREDIT UNION |
|---|---|
| Address: (Main Office) | 6219 Spur 327 LUBBOCK, TX 79424 |
| Phone: | (806) 798-5554 |
| Fax: | |
| Website: | https://www.alliancecutx.com |
| Branches: | 10 branch locations |
| Members: | 55,808 |
| Credit Union Type: | Non-Federally Insured State Credit Union |
| Charter Number: | 97103 |
|---|---|
| Membership Type: | State chartered natural person |
| Corporate Credit Union: | No |
| Year Opened: | 1940 |
| Last Audited: | Dec 01, 2024 |
| FHLB Member: | Yes |
| Low Income Designation: | No |
| Assets: | $656,243,278 |
| CEO/Manager: | Matt Grannan |
| Chairperson: | Patsy Wilson |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 27,774,959 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 25,322,383 |
| Real Estate Loans | 342,300,377 |
| Unsecured Loans | 13,651,292 |
| Other Loans | 198,520,097 |
| TOTAL LOANS | 554,471,768 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -2,935,000 |
| Land And Building | 30,858,805 |
| Other Fixed Assets | 4,596,571 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 0 |
| All Other Assets | 579,458 |
| TOTAL ASSETS | 656,243,278 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 5,511,343 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 89,706,714 |
| Regular shares | 120,823,151 |
| All Other Shares & Deposits | 364,898,793 |
| TOTAL SHARES & DEPOSITS | 575,428,658 |
| TOTAL LIABILITIES | 580,940,001 |
| Regular Reserve | 0 |
| Other Reserves | 465,109 |
| Undivided Earnings | 74,838,168 |
| TOTAL EQUITY | 75,303,277 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 656,243,278 |
| INCOME & EXPENSE | |
| Loan Income | 29,403,822 |
| Investment Income | 401,100 |
| Other Income | 7,145,238 |
| Total Employee Compensation & Benefits | 15,190,660 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 9,161,753 |
| Non-operating Income & (Expense) | -99,987 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 4,139,553 |
| Cost of Funds | 10,529,874 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 4,749,252 |
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