Overview / Commentary
Texasgulf Federal Credit Union is headquartered in Wharton and is the 107th largest credit union in the state of Texas. It is also the 1,349th largest credit union in the nation. It was established in 1937 and as of September of 2022, it had grown to 29 employees and 14,156 members at 2 locations. Texasgulf Federal Credit Union has an A health rating.
Field of Membership Restrictions
Membership is open to any individual who works, or worships, or attends school in Wharton County, Texas.
See current membership details
Health
A
Data as of Q3 2022
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 2322 |
| Year Chartered | 1937 |
| Employees | 29 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 1.48% |
| Return on Equity - YTD | 14.47% |
| Annual Interest Income | $4.3MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q3 2022vs Q3 2021 | $176.6MM$170.5MM |
| Loans | Q3 2022vs Q3 2021 | $109.2MM$100.1MM |
| Deposits | Q3 2022vs Q3 2021 | $157.1MM$147.0MM |
| Equity Capital | Q3 2022vs Q3 2021 | $18.1MM$21.7MM |
| Loan Loss Allowance | Q3 2022vs Q3 2021 | $587.00K$628.00K |
| Unbacked Noncurrent Loans | Q3 2022vs Q3 2021 | $684.00K$988.00K |
| Real Estate Owned | Q3 2022vs Q3 2021 | $0$0 |