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Not Federally Insured
2736 Nall St
Port Neches, TX 77651-5204

MCT Credit Union is headquartered in Port Neches and is the 71st largest credit union in the state of Texas. It is also the 856th largest credit union in the nation. It was established in 1953 and as of March of 2014, it had grown to 68 employees and 20,008 members. MCT Credit Union has a B+ health rating.

Field of Membership Restrictions

Membership is simple: maintain a share savings account, and as long as you do, you'll always be a member, even if you move halfway around the world. - See Details

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Data for Q1 2014

Institution Health


Texas Ratio


The Texas Ratio is an indicator of how much capital a bank has available compared to the total value of loans considered at risk. As of March 31, 2014 MCT Credit Union had $740,000 in non-current loans and owned real-estate with $21.44 million in equity and loan loss allowances on hand to cover it. This gives MCT Credit Union a Texas Ratio of 3.45% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk.

Texas Ratio Trend


The Texas Ratio for MCT Credit Union decreased dramatically from 5.16% as of March 31, 2013 to 3.45% as of March 31, 2014, resulting in a positive change of 33.15%.This indicates that the balance sheet and financial strength for MCT Credit Union has improved dramatically in recent periods.

Deposit Growth


In the past year, MCT Credit Union has increased its total deposits by $1.45 million, resulting in 0.73% growth for the year. A strong track record of growth is an indicator of consumer confidence and the bank's ability to strengthen its balance sheet. The growth MCT Credit Union has shown is above average.



Both FDIC and NCUA consider capitalization levels of banks and credit unions to be of high importance. Higher capitalization allows for a greater buffer when cover loans that may fail in the future. MCT Credit Union has $226.05 million in assets with $21.44 million in equity, resulting in a capitalization level of 9.48%, which is average.

Institution Statistics

NCUA #97089
Year Chartered1953
Primary Regulator
Assets and Liabilities
Assets$226.05 million
Loans$154.69 million
Deposits$200.85 million
Equity Capital$20.97 million
Loan Loss Allowance$472,000
Unbacked Noncurrent Loans$526,000
Real Estate Owned$214,000
Historic Data - March 2013
Assets$222.08 million
Equity Capital$19.88 million
Loan Loss Allowance$596,000
Unbacked Noncurrent Loans$526,000
Real Estate Owned$382,000
Profit Margin - Quarterly
Net Interest Margin1.47%
Return on Assets0.59%
Return on Equity6.35%
Interest Income$2.41 million

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MCT Credit Union Savings Account Rates

0.50%-$25kKasasa Saver - Qualifying
0.35%$25-IRA Savings
0.25%$25-Regular Share Account
0.25%$25-Christmas Club
0.13%--Kasasa Saver - Non Qualifying

MCT Credit Union Money Market Rates

0.30%$2,500-Money Market Account

MCT Credit Union Checking Account Rates

2.01%-$25kKasasa Cash - Qualifying
0.13%--Regular Checking Account
0.13%--Kasasa Cash - Non Qualifying

MCT Credit Union CD Rates

1.66%$1k-5 Year CD
1.41%$1k-4 Year CD
1.16%$1k-3 Year CD
0.91%$1k-2 Year CD
0.65%$1k-1 Year CD
0.40%$1k-6 Month CD

MCT Credit Union IRA Rates

1.66%$1k-5 Year IRA
1.41%$1k-4 Year IRA
1.16%$1k-3 Year IRA
0.91%$1k-2 Year IRA
0.65%$1k-1 Year IRA
0.40%$1k-6 Month IRA

Sorry, but we do not have location data for MCT Credit Union. Its headquarters is located at 2736 Nall St - Port Neches, TX 77651-5204