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Texoma Educators Credit Union Share
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Overview Share
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Texoma Educators Credit Union is a federal credit union based in Sherman, Texas. It has been opened since 1957, for 65 years.

With around $95,220,000 in assets, Texoma Educators Credit Union is considered to be a large credit union. It has 3 branches and 3 ATM locations.

About Share
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Address 506 W. Lamar Street
Sherman, Texas 75090
Website http://www.texomaeducators.com
Phone (903) 892-1505
Fax (903) 892-0671
CEO Louella K. Williams
President of the Board H Scott
Services Offered
Score Card Share
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65 years
Years in business
Opened in 1957
Well Capitalized
Net worth classification
Source: NCUA
7,779 members
Membership type: Unknown
Above average number of members
502:1
Credit union member to staff ratio
502 per each FTE employee
Compared to 411:1 nationally
Less staff than other credit unions
$95,223,929
Total assets
Above average
3 branches
Compared with an average of 4 nationally and 3 in Texas
Above average number of branches
0.15%
Savings interest rate
Compared to 0.3% nationally
9.00%
Unsecured credit card loan interest rate
Compared to 10.8% nationally
Branches Share
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3 branches
Compared with an average of 4 nationally and 3 in Texas
Above average number of branches
Texoma Educators Credit Union Branch Locations

Texoma Educators Credit Union: Durant Branch Office
424 North Washington Avenue
Durant, Oklahoma 74701
ATM Available
Texoma Educators Credit Union: Sherman Branch
506 W. Lamar Street
Sherman, Texas 75090
ATM Available
Texoma Educators Credit Union: Denison Branch Office
530 W. Woodard Street
Denison, Texas 75020
ATM Available
Members Share
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7,779 members
Membership type: Unknown
Above average number of members

With 7,779 members, the Texoma Educators Credit Union is considered to be a large credit union. It is larger than 66% of credit unions.

Fees Share
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$74
Average fee per member
The average fee per member at the Texoma Educators Credit Union is $74, which is high compared to most credit unions. This rate is higher than 69% of all credit unions.
Fees are higher than average

Credit unions, like banks, charge members various fees, such as overdraft fees, ATM fees, credit card fees, inactivity or dormat account fees, and more.

The average fee per member gives you a general sense of how much you might pay in fees as a member of the Texoma Educators Credit Union. Some credit unions tend to charge more fees, while others charge less.

Staff Share
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502:1
Credit union member to staff ratio
502 per each FTE employee
Compared to 411:1 nationally
Less staff than other credit unions
16 staff members
FTE (full-time equivalent)
52% of employees are part-time
10 full-time, 11 part-time

Texoma Educators Credit Union has 10 full-time staff members and 11 part-time staff members. The staff is comprised of part-time and full-time staff, with part-time staff approximately 52% of the workforce.

The number of members relative to staff members is an indication of how well staffed the credit union is. Texoma Educators Credit Union has around 502 members per staff, a high ratio compared to other credit unions.

Assets Share
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$95,223,929
Total assets
Above average
Net worth Share
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Well Capitalized
Net worth classification
Source: NCUA
A well capitalized credit union has a net worth ratio of 7% or greater and also meets applicable risk-based net worth requirements, according to the National Credit Union Administration.
13.1%
Net worth ratio
A higher net worth ratio is better.
Compared to an average of 13.6% nationally

A credit union's net worth ratio is one of the most important metrics you should consider when deciding whether to join a credit union. Why? It's a measure of financial strength

The net worth ratio is equal to a credit union's net worth divided by its assets. According to the National Credit Union Administration, a minimum net worth ratio of 7% is required to be considered to be a well capitalized credit union.

Loans & leases Share
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$10,550
Average loan and lease size
Loan & lease sizes are average sized. They are bigger than at 54% of credit unions.

Texoma Educators Credit Union holds a total of $34,380,000 in loans and leases, which is about $10,550 per member on average.

Savings interest rate Share
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0.15%
Savings interest rate
Compared to 0.3% nationally

A credit union share account is an account at a credit union. It's called a share account because the credit union is member owned and as a result, members own shares in the credit union.

A share savings account pays you interest on your savings, similar to a savings account at a bank. The interest you receive can vary. Texoma Educators Credit Union pays 0.15%.

Loan rates Share
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9.00%
Unsecured credit card loan interest rate
Compared to 10.8% nationally
8.90%
Unsecured non-credit card loan interest rate
Compared to 11.2% nationally
4.90%
Other secured non-real estate loans and lines of credit interest rate
Compared to 5.3% nationally
Car loan rates Share
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1.90%
New car loan rate
Compared to 4.0% nationally
2.90%
Used car loan rate
Compared to 5.2% nationally

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Similar Credit Unions to Texoma Educators Credit Union

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Texoma Educators Credit Union: Denison Branch Office
Credit Union Branch: 530 W. Woodard Street
Denison, Texas 75020 ATM Available
North Little Rock Educators Credit Union: North Little Rock Educator's Federal Credit Union
Credit Union Branch: 2200 North Poplar Street
North Little Rock, Arkansas 72114 No ATM
Texoma Educators Credit Union
Credit Union: Well Capitalized Sherman, Texas 7779.0 $95 million Well Capitalized
Texoma Educators Credit Union: Denison Branch Office ATM
Credit Union ATM: 530 W. Woodard Street
Denison, Texas 75020
Texoma Educators Credit Union: Sherman Branch ATM
Credit Union ATM: 506 W. Lamar Street
Sherman, Texas 75090
Texoma Educators Credit Union: Durant Branch Office
Credit Union Branch: 424 North Washington Avenue
Durant, Oklahoma 74701 ATM Available
Service Credit Union Routing Number
Resource: Service Credit Union Routing Number Service Credit Union is a credit union based in Portsmouth, New Hampshire. Service Credit Union’s US routing number is 211489656.
Texoma Educators Credit Union: Sherman Branch
Credit Union Branch: 506 W. Lamar Street
Sherman, Texas 75090 ATM Available
County Educators Credit Union: County Educator Federal Credit Union Br2
Credit Union Branch: 100 W. High Street
Somerville, New Jersey 08876 No ATM
Texoma Educators Credit Union: Durant Branch Office ATM
Credit Union ATM: 424 North Washington Avenue
Durant, Oklahoma 74701