Overview / Commentary
MCT Credit Union is headquartered in Port Neches and is the 71st largest credit union in the state of Texas. It is also the 875th largest credit union in the nation. It was established in 1953 and as of September of 2022, it had grown to 86 employees and 20,756 members at 5 locations. MCT Credit Union has a B+ health rating.
Related Posts
View all posts from:
Health
B+
Data as of Q3 2022
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 97089 |
| Year Chartered | 1953 |
| Employees | 86 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.54% |
| Return on Equity - YTD | 7.84% |
| Annual Interest Income | $8.3MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q3 2022vs Q3 2021 | $367.3MM$379.1MM |
| Loans | Q3 2022vs Q3 2021 | $219.2MM$202.4MM |
| Deposits | Q3 2022vs Q3 2021 | $335.3MM$326.2MM |
| Equity Capital | Q3 2022vs Q3 2021 | $25.3MM$32.6MM |
| Loan Loss Allowance | Q3 2022vs Q3 2021 | $383.00K$314.00K |
| Unbacked Noncurrent Loans | Q3 2022vs Q3 2021 | $1.5MM$687.00K |
| Real Estate Owned | Q3 2022vs Q3 2021 | $0$0 |