Overview / Commentary
MCT Credit Union is headquartered in Port Neches and is the 75th largest credit union in the state of Texas. It is also the 910th largest credit union in the nation. It was established in 1953 and as of June of 2023, it had grown to 84 employees and 20,713 members at 5 locations. MCT Credit Union has a B health rating.
Field of Membership Restrictions
Membership in MCT Credit Union is open to those who live, work, or are located in the Texas counties of Hardin, Jefferson, or Orange.
See current membership details
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Health
B
Data as of Q2 2023
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 97089 |
| Year Chartered | 1953 |
| Employees | 84 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.35% |
| Return on Equity - YTD | 4.38% |
| Annual Interest Income | $6.8MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q2 2023vs Q2 2022 | $355.1MM$368.9MM |
| Loans | Q2 2023vs Q2 2022 | $227.5MM$214.7MM |
| Deposits | Q2 2023vs Q2 2022 | $320.7MM$334.7MM |
| Equity Capital | Q2 2023vs Q2 2022 | $28.5MM$28.2MM |
| Loan Loss Allowance | Q2 2023vs Q2 2022 | $0$378.00K |
| Unbacked Noncurrent Loans | Q2 2023vs Q2 2022 | $1.1MM$1.5MM |
| Real Estate Owned | Q2 2023vs Q2 2022 | $0$0 |