Texas Tech Federal Credit Union is headquartered in Lubbock and is the 78th largest credit union in the state of Texas. It is also the 923rd largest credit union in the nation. It was established in 1959 and as of March of 2022, it had grown to 133 employees and 28,032 members at 5 locations. Texas Tech Federal Credit Union has an A+ health rating.
Membership in Texas Tech Credit Union is open to faculty and employees of Texas Tech University, the Texas Tech Health Sciences Center, and Lubbock Christian University; students attending Texas Tech University also qualify. Members and employees of the Texas Tech Alumni Association qualify for membership. Employees of the University Medical Center who work in Lubbock are eligible to join, as are faculty and employees of more than 20 area school districts.
See current membership details
|Return on Assets - YTD||0.33%|
|Return on Equity - YTD||3.17%|
|Annual Interest Income||$2.5MM|
|Assets and Liabilities|
|Assets||Q1 2022vs Q1 2021||$339.3MM$305.1MM|
|Loans||Q1 2022vs Q1 2021||$229.5MM$186.3MM|
|Deposits||Q1 2022vs Q1 2021||$299.1MM$267.0MM|
|Equity Capital||Q1 2022vs Q1 2021||$35.0MM$31.9MM|
|Loan Loss Allowance||Q1 2022vs Q1 2021||$1.2MM$1.2MM|
|Unbacked Noncurrent Loans||Q1 2022vs Q1 2021||$133.00K$156.00K|
|Real Estate Owned||Q1 2022vs Q1 2021||$0$0|
Rates for Texas Tech Federal Credit Union are currently being reviewed.
|Texas Tech Federal Credit Union Locations|
|Branch Office||1802 Texas Tech Parkway||Lubbock, TX 79409|
|Branch Office||4005 98th Street||Lubbock, TX 79424|
|Branch Office||3601 4th St # 1A98||Lubbock, TX 79430-0002|
|Branch Office||230 W California St||Floydada, TX 79235-2705|
|Branch Office||7710 Milwaukee Ave Bldg 1000||Lubbock, TX 79424-0622|