Concho Educators Federal Credit Union
Overview / Commentary
Concho Educators Federal Credit Union is headquartered in San Angelo and is the 142nd largest credit union in the state of Texas. It is also the 1,809th largest credit union in the nation. It was established in 1941 and as of June of 2023, it had grown to 29 employees and 6,736 members at 3 locations. Concho Educators Federal Credit Union has a B+ health rating.
Field of Membership Restrictions
Concho Educators Federal Credit Union is open to employees and students of schools in the counties of Coke, Concho, Crockett, Irion, Schleicher, Sutton, Tom Green and Menard, and those who live, work, worship or attend school in Tom Green County.
See current membership details
Health
B+
Data as of Q2 2023
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 4684 |
| Year Chartered | 1941 |
| Employees | 29 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.99% |
| Return on Equity - YTD | 16.45% |
| Annual Interest Income | $1.7MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q2 2023vs Q2 2022 | $100.8MM$100.9MM |
| Loans | Q2 2023vs Q2 2022 | $55.7MM$52.3MM |
| Deposits | Q2 2023vs Q2 2022 | $93.3MM$93.8MM |
| Equity Capital | Q2 2023vs Q2 2022 | $6.1MM$5.9MM |
| Loan Loss Allowance | Q2 2023vs Q2 2022 | $0$115.00K |
| Unbacked Noncurrent Loans | Q2 2023vs Q2 2022 | $227.00K$161.00K |
| Real Estate Owned | Q2 2023vs Q2 2022 | $0$0 |