Overview / Commentary
Tex Mex Credit Union is headquartered in Laredo and is the 317th largest credit union in the state of Texas. It is also the 3,687th largest credit union in the nation. It was established in 1953 and as of March of 2025, it had grown to 5 employees and 2,388 members at 1 location. Tex Mex Credit Union's CD rates are 3X the national average, but it has a D health rating.
Field of Membership Restrictions
Tex Mex Credit Union is open to all residents of Webb County, Texas.
See current membership details
Health
D
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. Tex Mex Credit Union has a very low asset base, and a negative return on assets.
Health Grade Components
| Overall | |
|---|---|
| NCUA # | 67579 |
| Year Chartered | 1953 |
| Employees | 5 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | -16.36% |
| Return on Equity - YTD | -70.35% |
| Annual Interest Income | $146K |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q1 2025vs Q1 2024 | $9.2MM$10.2MM |
| Loans | Q1 2025vs Q1 2024 | $5.7MM$6.4MM |
| Deposits | Q1 2025vs Q1 2024 | $6.6MM$7.2MM |
| Equity Capital | Q1 2025vs Q1 2024 | $2.2MM$2.7MM |
| Loan Loss Allowance | Q1 2025vs Q1 2024 | $649K$64K |
| Unbacked Noncurrent Loans | Q1 2025vs Q1 2024 | $325K$254K |
| Real Estate Owned | Q1 2025vs Q1 2024 | $0$0 |