Overview / Commentary
Wellspring Credit Union is headquartered in Bridge City and is the 154th largest credit union in the state of Texas. It is also the 1,928th largest credit union in the nation. It was established in 1958 and as of March of 2025, it had grown to 29 employees and 8,289 members at 4 locations. Wellspring Credit Union has a B+ health rating.
Field of Membership Restrictions
Membership in Wellspring Credit Union is open to those who live, work, worship, or attend school in the Texas counties of Hardin, Jefferson, Newton, or Orange. Immediate family members of current Wellspring Credit Union members are also eligible to join.
See current membership details
Health
B+
Data as of Q1 2025
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. Wellspring Credit Union has a relatively low asset base.
Health Grade Components
| Overall | |
|---|---|
| NCUA # | 12181 |
| Year Chartered | 1958 |
| Employees | 29 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.77% |
| Return on Equity - YTD | 8.32% |
| Annual Interest Income | $1.2MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q1 2025vs Q1 2024 | $90.2MM$86.3MM |
| Loans | Q1 2025vs Q1 2024 | $66.9MM$66.2MM |
| Deposits | Q1 2025vs Q1 2024 | $81.5MM$77.5MM |
| Equity Capital | Q1 2025vs Q1 2024 | $7.8MM$7.2MM |
| Loan Loss Allowance | Q1 2025vs Q1 2024 | $420K$344K |
| Unbacked Noncurrent Loans | Q1 2025vs Q1 2024 | $514K$875K |
| Real Estate Owned | Q1 2025vs Q1 2024 | $0$0 |