Overview / Commentary
My Credit Union (TX) is headquartered in Haslet and is the 186th largest credit union in the state of Texas. It is also the 2,343rd largest credit union in the nation. It was established in 1975 and as of March of 2025, it had grown to 19 employees and 5,551 members at 5 locations. My Credit Union (TX) has a B health rating.
Field of Membership Restrictions
Membership in My Credit Union is open to those who live, work, worship, or attend school in the Texas counties of Denton, Grayson, Johnson, Kaufman, Smith, Tarrant, Van Zandt, Wise, or Wood. Membership is also open to employees of the Texas cities of Bedford, Crowley, Haltom City, Keller, North Richland Hills, Kennedale, or Roanoke and more than 70 other employer groups.
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. My Credit Union (TX) has a relatively low asset base.
Health Grade Components
| Overall | |
|---|---|
| NCUA # | 68545 |
| Year Chartered | 1975 |
| Employees | 19 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 1.4% |
| Return on Equity - YTD | 12.3% |
| Annual Interest Income | $713K |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q1 2025vs Q1 2024 | $56.1MM$55.4MM |
| Loans | Q1 2025vs Q1 2024 | $28.9MM$28.9MM |
| Deposits | Q1 2025vs Q1 2024 | $49MM$50.2MM |
| Equity Capital | Q1 2025vs Q1 2024 | $6.3MM$5.1MM |
| Loan Loss Allowance | Q1 2025vs Q1 2024 | $119K$100K |
| Unbacked Noncurrent Loans | Q1 2025vs Q1 2024 | $272K$97K |
| Real Estate Owned | Q1 2025vs Q1 2024 | $0$0 |