Overview / Commentary
Texoma Educators Federal Credit Union is headquartered in Sherman and is the 129th largest credit union in the state of Texas. It is also the 1,597th largest credit union in the nation. It was established in 1957 and as of September of 2022, it had grown to 12 employees and 8,103 members at 3 locations. Texoma Educators Federal Credit Union has an A+ health rating.
Field of Membership Restrictions
Membership in Texoma Educators Federal Credit Union is open to those who live, work, worship, attend school, or regularly conduct business in Grayson County, Texas, or in the Oklahoma counties of Atoka, Bryan or Marshall. Membership is also open to employees of more than 25 Business Partners.
See current membership details
Health
Health Grade Components
| Overall | |
|---|---|
| NCUA # | 11670 |
| Year Chartered | 1957 |
| Employees | 12 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.47% |
| Return on Equity - YTD | 3.99% |
| Annual Interest Income | $2.0MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q3 2022vs Q3 2021 | $131.3MM$114.6MM |
| Loans | Q3 2022vs Q3 2021 | $43.9MM$40.2MM |
| Deposits | Q3 2022vs Q3 2021 | $114.6MM$99.3MM |
| Equity Capital | Q3 2022vs Q3 2021 | $15.2MM$14.6MM |
| Loan Loss Allowance | Q3 2022vs Q3 2021 | $100.00K$118.00K |
| Unbacked Noncurrent Loans | Q3 2022vs Q3 2021 | $27.00K$100.00K |
| Real Estate Owned | Q3 2022vs Q3 2021 | $0$0 |