Credit Unions Near Me
National Credit Union Service Organization

SOUTH TEXAS FEDERAL CREDIT UNION

Dec, 31, 2023 — SOUTH TEXAS FEDERAL CREDIT UNION is a federal credit union headquartered in MCALLEN, TX with 3 branch locations and about $67.61 million in total assets. Opened 72 years ago in 1952, SOUTH TEXAS FEDERAL CREDIT UNION has about 7,865 members and employs 22 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:SOUTH TEXAS FEDERAL CREDIT UNION
Address:
(Main Office)
2121 W Dove Ave
MCALLEN, TX 78504-4064
Phone:(956) 618-7500
Fax:(956) 686-4823
Website:https://www.southtexasfcu.com
Branches:3 branch locations
Members:7,865
Credit Union Type:Federal Credit Union
Charter Number:8237
Membership Type:Multiple common bond - Primarily educational
Corporate Credit Union:No
Year Opened:1952
Last Audited:Mar 01, 2023
FHLB Member:No
Low Income Designation:No
Assets:$67,613,090
CEO/Manager:Gerardo B Paz
Chairperson:Norma J Saenz

Call Report

  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 9,422,810
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 6,919,509
 Unsecured Loans 6,599,424
 Other Loans 27,997,054
 TOTAL LOANS 41,515,987
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -350,194
 Land And Building 1,672,274
 Other Fixed Assets 98,149
 NCUSIF Deposit 626,159
 All Other Assets 20,570
  TOTAL ASSETS 67,613,090
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 548,594
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 500,000
 Share Drafts 17,947,319
 Regular shares 39,624,887
 All Other Shares & Deposits 5,594,426
  TOTAL SHARES & DEPOSITS 63,166,632
  TOTAL LIABILITIES 64,215,226
 Regular Reserve 0
 Other Reserves -1,541,409
 Undivided Earnings 4,939,273
  TOTAL EQUITY 3,397,864
  TOTAL LIABILITIES, SHARES, & EQUITY 67,613,090
INCOME & EXPENSE  
 Loan Income 1,992,449
 Investment Income 243,439
 Other Income 406,026
 Total Employee Compensation & Benefits 915,915
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 1,353,823
 Non-operating Income & (Expense) 223,831
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 270,544
 Cost of Funds 124,202
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 605,478
↑ Back to Top

Other Credit Unions

BROWNSVILLE CITY EMPLOYEES FEDERAL CREDIT UNION
1001 E ELIZABETH ST
BROWNSVILLE, TX 78520-5128
STARR COUNTY TEACHERS FEDERAL CREDIT UNION
1322 E San Benito St
RIO GRANDE CITY, TX 78582
COWBOY COUNTRY FEDERAL CREDIT UNION
501 SOUTH BROADWAY
PREMONT, TX 78375
TEXAS COMMUNITY FEDERAL CREDIT UNION
605 E Caesar Ave
KINGSVILLE, TX 78363
HIGHWAY DISTRICT 21 FEDERAL CREDIT UNION
600 W Ferguson St
PHARR, TX 78577
EDINBURG TEACHERS CREDIT UNION
900 W University Dr
EDINBURG, TX 78539
LA JOYA AREA FEDERAL CREDIT UNION
317 S Bentsen Palm DR
PALMVIEW, TX 78572
TEXAS BRIDGE CREDIT UNION
3131 HOLLY RD
CORPUS CHRISTI, TX 78415
SECURITY FIRST CREDIT UNION
3515 S Jackson Rd
EDINBURG, TX 78539-6600
NAFT FEDERAL CREDIT UNION
901 N Veterans Blvd
PHARR, TX 78577