Mobility Credit Union is headquartered in Irving and is the 79th largest credit union in the state of Texas. It is also the 932nd largest credit union in the nation. It was established in 1965 and as of June of 2022, it had grown to 44 employees and 20,641 members at 3 locations. Mobility Credit Union's CD rates are 3X the national average, and it has an A health rating.
Field of Membership Restrictions
Membership in Mobility Credit Union is open to all Texas residents through membership in the Texas Consumer Council. Individuals who live, work, worship, or attend school in the Texas counties of Collin, Dallas, Denton, Ellis, Fannin, Grayson, Hunt, Johnson, Kaufman, Parker, Rockwall, Tarrant, or Wise also qualify for membership. Family members of current Mobility Credit Union membership are eligible to join, regardless of where they live.
See current membership details
Great People, Online System Fair, Watch For Hard Pull
Very nice, pleasant people at the branch. Wonky online platform is subject to going down in the middle of the day. Make sure your mandatory selfie matches your ID closely, or online application may get declined. Be careful not to consent to a hard credit pull if only opening a CD or money market. Much recommended to open accounts at branch vs online.
Data as of Q2 2022
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 68606 |
| Year Chartered | 1965 |
| Employees | 44 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 1.35% |
| Return on Equity - YTD | 15.69% |
| Annual Interest Income | $6.0MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q2 2022vs Q2 2021 | $333.0MM$269.4MM |
| Loans | Q2 2022vs Q2 2021 | $310.3MM$251.1MM |
| Deposits | Q2 2022vs Q2 2021 | $286.8MM$243.9MM |
| Equity Capital | Q2 2022vs Q2 2021 | $27.2MM$22.0MM |
| Loan Loss Allowance | Q2 2022vs Q2 2021 | $1.1MM$1.3MM |
| Unbacked Noncurrent Loans | Q2 2022vs Q2 2021 | $1.1MM$1.2MM |
| Real Estate Owned | Q2 2022vs Q2 2021 | $0$0 |