Sep, 30, 2025 — ROCKET FEDERAL CREDIT UNION is a federal credit union headquartered in MCGREGOR, TX with 1 branch location and about $29.67 million in total assets. Opened 72 years ago in 1954, ROCKET FEDERAL CREDIT UNION has about 3,005 members and employs 12 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | ROCKET FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 905 W McGregor Dr MCGREGOR, TX 76657-1133 |
| Phone: | (254) 840-2873 |
| Fax: | (254) 840-3412 |
| Website: | https://www.rocketfcu.com |
| Branches: | 1 branch locations |
| Members: | 3,005 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 9799 |
|---|---|
| Membership Type: | Community - Rural District |
| Corporate Credit Union: | No |
| Year Opened: | 1954 |
| Last Audited: | Apr 01, 2025 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $29,674,093 |
| CEO/Manager: | Terry L Sloan |
| Chairperson: | Justin Havelka |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 4,440,357 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 8,050,992 |
| Unsecured Loans | 1,632,546 |
| Other Loans | 11,913,931 |
| TOTAL LOANS | 21,597,469 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -162,447 |
| Land And Building | 2,569,433 |
| Other Fixed Assets | 92,184 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 256,139 |
| All Other Assets | 159,677 |
| TOTAL ASSETS | 29,674,093 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 534,378 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 240,000 |
| Share Drafts | 3,921,201 |
| Regular shares | 17,192,880 |
| All Other Shares & Deposits | 5,145,045 |
| TOTAL SHARES & DEPOSITS | 26,259,126 |
| TOTAL LIABILITIES | 27,033,504 |
| Regular Reserve | 0 |
| Other Reserves | 0 |
| Undivided Earnings | 2,640,589 |
| TOTAL EQUITY | 2,640,589 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 29,674,093 |
| INCOME & EXPENSE | |
| Loan Income | 1,042,832 |
| Investment Income | 27,647 |
| Other Income | 173,202 |
| Total Employee Compensation & Benefits | 476,776 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 602,754 |
| Non-operating Income & (Expense) | -1 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | -18,831 |
| Cost of Funds | 203,007 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 16,961 |
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