Freestone Credit Union
Overview / Commentary
Freestone Credit Union is headquartered in Teague and is the 202nd largest credit union in the state of Texas. It is also the 2,574th largest credit union in the nation. It was established in 1952 and as of March of 2018, it had grown to 18 employees and 4,160 members at 3 locations. Freestone Credit Union has a B health rating.
Field of Membership Restrictions
Freestone Credit Union of Texas is open to the residents in these qualified counties: Freestone, Leon, Limestone, Madison and Navarro as well as the employees of the Burlington Northern Santa-Fe Railroad.
See current membership details
Health
B
Data as of Q1 2018
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. Freestone Credit Union has a low asset base.
Health Grade Components
| Overall | |
|---|---|
| NCUA # | 68005 |
| Year Chartered | 1952 |
| Employees | 18 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.09% |
| Return on Equity - YTD | 0.91% |
| Annual Interest Income | $326.00K |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q1 2018vs Q1 2017 | $40.3MM$40.1MM |
| Loans | Q1 2018vs Q1 2017 | $25.7MM$23.5MM |
| Deposits | Q1 2018vs Q1 2017 | $36.0MM$36.0MM |
| Equity Capital | Q1 2018vs Q1 2017 | $3.9MM$3.9MM |
| Loan Loss Allowance | Q1 2018vs Q1 2017 | $100.00K$114.00K |
| Unbacked Noncurrent Loans | Q1 2018vs Q1 2017 | $238.00K$108.00K |
| Real Estate Owned | Q1 2018vs Q1 2017 | $0$0 |
Rates
Sorry, we do not have rate data for Freestone Credit Union.
Locations
| Freestone Credit Union Locations | ||
|---|---|---|
| Branch Office | 613 Main St | Teague, TX 75860-1627 |
| Branch Office | 480 E Main St | Fairfield, TX 75840-4313 |
| Branch Office | 8812 U S Hwy 79 W | Jewett, TX 75846 |