Dec, 31, 2023 — MCMURREY FEDERAL CREDIT UNION is a federal credit union headquartered in TYLER, TX with 1 branch location and about $23.59 million in total assets. Opened 69 years ago in 1955, MCMURREY FEDERAL CREDIT UNION has about 1,742 members and employs 5 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
Name: | MCMURREY FEDERAL CREDIT UNION |
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Address: (Main Office) | 418 McMurrey Dr TYLER, TX 75702 |
Phone: | (903) 595-3300 |
Fax: | (903) 595-3722 |
Website: | https://www.mcmurreyfcu.com |
Branches: | 1 branch locations |
Members: | 1,742 |
Credit Union Type: | Federal Credit Union |
Charter Number: | 10481 |
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Membership Type: | Manufacturing - Petroleum Refining |
Corporate Credit Union: | No |
Year Opened: | 1955 |
Last Audited: | Sep 01, 2022 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $23,592,335 |
CEO/Manager: | Kathy Sullivan |
Chairperson: | Leah S Glenn |
ASSETS: | $ Amount |
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Cash & Equivalents | 321,911 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 0 |
Real Estate Loans | 4,165,155 |
Unsecured Loans | 858,387 |
Other Loans | 11,266,250 |
TOTAL LOANS | 16,289,792 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -63,075 |
Land And Building | 91,550 |
Other Fixed Assets | 12,204 |
NCUSIF Deposit | 215,277 |
All Other Assets | 60,444 |
TOTAL ASSETS | 23,592,335 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 0 |
Notes & Interest Payable | 274,313 |
Accounts Payable & Other Liabilities | 140,116 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 1,981,899 |
Regular shares | 6,244,533 |
All Other Shares & Deposits | 12,045,069 |
TOTAL SHARES & DEPOSITS | 20,271,502 |
TOTAL LIABILITIES | 20,685,931 |
Regular Reserve | 0 |
Other Reserves | -424,048 |
Undivided Earnings | 3,330,452 |
TOTAL EQUITY | 2,906,404 |
TOTAL LIABILITIES, SHARES, & EQUITY | 23,592,335 |
INCOME & EXPENSE | |
Loan Income | 728,925 |
Investment Income | 47,846 |
Other Income | 25,575 |
Total Employee Compensation & Benefits | 279,169 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 274,225 |
Non-operating Income & (Expense) | -781 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 24,151 |
Cost of Funds | 277,517 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | 19,931 |
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