Overview / Commentary
Pantex Federal Credit Union is headquartered in Borger and is the 91st largest credit union in the state of Texas. It is also the 1,166th largest credit union in the nation. It was established in 1940 and as of September of 2022, it had grown to 40 employees and 15,551 members at 4 locations. Pantex Federal Credit Union's CD rates are 4X the national average, and it has an A health rating.
Field of Membership Restrictions
Pantex Federal Credit Union serves all of Hutchinson County, parts of Potter County and Gray County and employees of select organizations.
See current membership details
Health
Health Grade Components
| Overall | |
|---|---|
| NCUA # | 3571 |
| Year Chartered | 1940 |
| Employees | 40 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.17% |
| Return on Equity - YTD | 1.17% |
| Annual Interest Income | $3.8MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q3 2022vs Q3 2021 | $230.1MM$238.5MM |
| Loans | Q3 2022vs Q3 2021 | $63.3MM$57.4MM |
| Deposits | Q3 2022vs Q3 2021 | $194.1MM$191.5MM |
| Equity Capital | Q3 2022vs Q3 2021 | $33.7MM$45.2MM |
| Loan Loss Allowance | Q3 2022vs Q3 2021 | $214.00K$256.00K |
| Unbacked Noncurrent Loans | Q3 2022vs Q3 2021 | $378.00K$266.00K |
| Real Estate Owned | Q3 2022vs Q3 2021 | $0$0 |