Overview / Commentary
Tex Mex Credit Union is headquartered in Laredo and is the 312th largest credit union in the state of Texas. It is also the 3,780th largest credit union in the nation. It was established in 1953 and as of March of 2022, it had grown to 6 employees and 3,982 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 Q1 2022
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 | -0.19% |
| Return on Equity - YTD | -0.91% |
| Annual Interest Income | $134.00K |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q1 2022vs Q1 2021 | $13.0MM$13.1MM |
| Loans | Q1 2022vs Q1 2021 | $5.6MM$6.0MM |
| Deposits | Q1 2022vs Q1 2021 | $10.3MM$10.4MM |
| Equity Capital | Q1 2022vs Q1 2021 | $2.6MM$2.6MM |
| Loan Loss Allowance | Q1 2022vs Q1 2021 | $139.00K$110.00K |
| Unbacked Noncurrent Loans | Q1 2022vs Q1 2021 | $109.00K$95.00K |
| Real Estate Owned | Q1 2022vs Q1 2021 | $0$0 |