Amoco Federal Credit Union is headquartered in Texas City and is the 25th largest credit union in the state of Texas. It is also the 339th largest credit union in the nation. It was established in 1937 and as of December of 2021, it had grown to 293 employees and 93,394 members at 11 locations. Amoco Federal Credit Union has an A health rating.
Amoco Federal Credit Union is open to: (1) Employees or members of BP Chemical, the City of Santa Fe, Galveston County Sheriff's Office, and over 200 area businesses, organizations, or associations. (A comprehensive list can be found on the credit union's website); (2) Family and household members of existing credit union members; (3) Residents of subdivisions which collect homeowner association dues.
See current membership details
|Return on Assets - YTD||1%|
|Return on Equity - YTD||12%|
|Annual Interest Income||$45.6MM|
|Assets and Liabilities|
|Assets||Q4 2021vs Q4 2020||$1.26B$1.17B|
|Loans||Q4 2021vs Q4 2020||$933.2MM$830.3MM|
|Deposits||Q4 2021vs Q4 2020||$1.07B$977.4MM|
|Equity Capital||Q4 2021vs Q4 2020||$104.8MM$94.8MM|
|Loan Loss Allowance||Q4 2021vs Q4 2020||$7.3MM$7.2MM|
|Unbacked Noncurrent Loans||Q4 2021vs Q4 2020||$3.5MM$3.3MM|
|Real Estate Owned||Q4 2021vs Q4 2020||$0$0|
Rates for Amoco Federal Credit Union are currently being reviewed.