Overview / Commentary
CEN-TEX MFG Credit Union is headquartered in Brownwood and is the 320th largest credit union in the state of Texas. It is also the 3,891st largest credit union in the nation. It was established in 1979 and as of December of 2019, it had grown to 3 employees and 1,391 members at 1 location. CEN-TEX MFG Credit Union's savings rates are 44% higher than the national average, and it has a B health rating.
Field of Membership Restrictions
Membership in Cen-Tex Manufacturing Credit Union is open to employees and retirees of 3M.
See current membership details
Health
B
Data as of Q4 2019
Learn why bank health mattersAdditional Factors: Institutions with a small asset base, a short operating history, or negative return on assets can represent an instability risk beyond what their financial ratios indicate. CEN-TEX MFG Credit Union has a low asset base.
Health Grade Components
| Overall | |
|---|---|
| NCUA # | 67602 |
| Year Chartered | 1979 |
| Employees | 3 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 3.39% |
| Return on Equity - YTD | 20.16% |
| Annual Interest Income | $691.00K |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q4 2019vs Q4 2018 | $11.3MM$9.4MM |
| Loans | Q4 2019vs Q4 2018 | $8.2MM$7.4MM |
| Deposits | Q4 2019vs Q4 2018 | $9.4MM$7.9MM |
| Equity Capital | Q4 2019vs Q4 2018 | $1.9MM$1.5MM |
| Loan Loss Allowance | Q4 2019vs Q4 2018 | $75.00K$119.00K |
| Unbacked Noncurrent Loans | Q4 2019vs Q4 2018 | $133.00K$120.00K |
| Real Estate Owned | Q4 2019vs Q4 2018 | $0$0 |