Transtar Federal Credit Union is headquartered in Houston and is the 233rd largest credit union in the state of Texas. It is also the 2,987th largest credit union in the nation. It was established in 1951 and as of June of 2024, it had grown to 5 employees and 2,795 members at 1 location. Transtar Federal Credit Union's CD rates are 4X the national average, and it has a C+ health rating.
Field of Membership Restrictions
Membership in Transtar Federal Credit Union is open to those who live, work, worship, or attend school in portions of Houston, Texas (Zip Codes 77007, 77008, 77018, 77024, 77040, 77041, 77055, 77064, 77080, 77091, 77092, 77240, 77241, 77243, 77280, 77293).
Employees of IKON Office Solutions, NPC Payment Systems, United Way of Greater Houston, Van Kampen Investments, Hellmuth, Obata & Kassabaum - HOK, High Rise Electrical, Target Hunger, Interfaith Ministries, Armstrong Repair Inc., The Williams Companies, Inc. and its subsidiaries., LeTourneau Technologies, Rives Carlberg, Rowan Companies, Peterson Beckner Industries, The Women's Home of Houston, The SLI Group, Sickle Cell Association, or Armstrong Repair Inc. also qualify.
See current membership details
Data as of Q2 2024
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 7482 |
| Year Chartered | 1951 |
| Employees | 5 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | -0.1% |
| Return on Equity - YTD | -1.27% |
| Annual Interest Income | $698K |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q2 2024vs Q2 2023 | $28MM$29MM |
| Loans | Q2 2024vs Q2 2023 | $22.8MM$24.1MM |
| Deposits | Q2 2024vs Q2 2023 | $25.6MM$26.5MM |
| Equity Capital | Q2 2024vs Q2 2023 | $2.3MM$2.4MM |
| Loan Loss Allowance | Q2 2024vs Q2 2023 | $62K$92K |
| Unbacked Noncurrent Loans | Q2 2024vs Q2 2023 | $103K$128K |
| Real Estate Owned | Q2 2024vs Q2 2023 | $0$0 |