Overview / Commentary
Alliance CU (TX) is headquartered in Lubbock and is the 62nd largest credit union in the state of Texas. It is also the 731st largest credit union in the nation. It was established in 1940 and as of September of 2022, it had grown to 147 employees and 32,940 members at 7 locations. Alliance CU (TX) has an A+ health rating.
Field of Membership Restrictions
Membership in Alliance Credit Union is open to those who live, work, or worship in the Texas counties of Crosby, Floyd, Garza, Hale, Hockley, Lamb, Lubbock, Lynn, or Terry. Immediate family members of membership-eligible individuals also qualify for membership.
See current membership details
Health
A+
Data as of Q3 2022
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 97103 |
| Year Chartered | 1940 |
| Employees | 147 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 1.87% |
| Return on Equity - YTD | 14.67% |
| Annual Interest Income | $14.6MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q3 2022vs Q3 2021 | $481.0MM$378.4MM |
| Loans | Q3 2022vs Q3 2021 | $394.3MM$288.4MM |
| Deposits | Q3 2022vs Q3 2021 | $416.9MM$322.8MM |
| Equity Capital | Q3 2022vs Q3 2021 | $58.2MM$51.8MM |
| Loan Loss Allowance | Q3 2022vs Q3 2021 | $666.00K$606.00K |
| Unbacked Noncurrent Loans | Q3 2022vs Q3 2021 | $2.4MM$846.00K |
| Real Estate Owned | Q3 2022vs Q3 2021 | $0$0 |