Overview / Commentary
Plains Federal Credit Union is headquartered in Plainview and is the 367th largest credit union in the state of Texas. It is also the 4,115th largest credit union in the nation. It was established in 1958 and as of March of 2025, it had grown to 2 employees and 456 members at 1 location. Plains Federal Credit Union has a C+ health rating.
Field of Membership Restrictions
Membership in Plains Federal Credit Union is open to those who live, work, or worship in a large portion of Plainview, Texas. Federal employees in Hale County and surrounding counties are eligible to join, as are employees of TDCJ in Plainview and Tulia.
See current membership details
Health
C+
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. Plains Federal Credit Union has a very low asset base.
Health Grade Components
| Overall | |
|---|---|
| NCUA # | 12274 |
| Year Chartered | 1958 |
| Employees | 2 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | -0.08% |
| Return on Equity - YTD | -0.49% |
| Annual Interest Income | $52K |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q1 2025vs Q1 2024 | $3.5MM$3.4MM |
| Loans | Q1 2025vs Q1 2024 | $2.7MM$2.5MM |
| Deposits | Q1 2025vs Q1 2024 | $2.7MM$2.8MM |
| Equity Capital | Q1 2025vs Q1 2024 | $584K$588K |
| Loan Loss Allowance | Q1 2025vs Q1 2024 | $10K$10K |
| Unbacked Noncurrent Loans | Q1 2025vs Q1 2024 | $2K$2K |
| Real Estate Owned | Q1 2025vs Q1 2024 | $0$0 |