Overview / Commentary
Tex Mex Credit Union is headquartered in Laredo and is the 314th largest credit union in the state of Texas. It is also the 3,834th largest credit union in the nation. It was established in 1953 and as of June of 2021, it had grown to 6 employees and 3,913 members at 1 location. Tex Mex Credit Union has a B+ health rating.
Field of Membership Restrictions
Tex Mex Credit Union is open everyone in the Webb County Community.
See current membership details
Health
B+
Data as of Q2 2021
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. Tex Mex Credit Union has a low asset base.
Health Grade Components
| Overall | |
|---|---|
| NCUA # | 67579 |
| Year Chartered | 1953 |
| Employees | 6 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | -0.82% |
| Return on Equity - YTD | -4.15% |
| Annual Interest Income | $282.00K |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q2 2021vs Q2 2020 | $12.7MM$12.3MM |
| Loans | Q2 2021vs Q2 2020 | $6.0MM$7.0MM |
| Deposits | Q2 2021vs Q2 2020 | $10.1MM$9.6MM |
| Equity Capital | Q2 2021vs Q2 2020 | $2.6MM$2.6MM |
| Loan Loss Allowance | Q2 2021vs Q2 2020 | $133.00K$124.00K |
| Unbacked Noncurrent Loans | Q2 2021vs Q2 2020 | $50.00K$250.00K |
| Real Estate Owned | Q2 2021vs Q2 2020 | $0$0 |