Overview / Commentary
MCT Credit Union is headquartered in Port Neches and is the 73rd largest credit union in the state of Texas. It is also the 898th largest credit union in the nation. It was established in 1953 and as of December of 2022, it had grown to 81 employees and 20,755 members at 5 locations. MCT Credit Union has a B health rating.
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Health
B
Data as of Q4 2022
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 97089 |
| Year Chartered | 1953 |
| Employees | 81 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.43% |
| Return on Equity - YTD | 5.87% |
| Annual Interest Income | $11.4MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q4 2022vs Q4 2021 | $355.8MM$363.1MM |
| Loans | Q4 2022vs Q4 2021 | $221.4MM$204.6MM |
| Deposits | Q4 2022vs Q4 2021 | $323.9MM$328.7MM |
| Equity Capital | Q4 2022vs Q4 2021 | $26.7MM$31.9MM |
| Loan Loss Allowance | Q4 2022vs Q4 2021 | $589.00K$329.00K |
| Unbacked Noncurrent Loans | Q4 2022vs Q4 2021 | $1.9MM$1.1MM |
| Real Estate Owned | Q4 2022vs Q4 2021 | $0$0 |