SKEL-TEX Credit Union Profile

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SKEL-TEX

Charter #60396 | NCUA Region 2 | FISCU
Low-Income Designation: No
Report Date: 2025

Headquarters Contact & Staff

Contact & Info

Phone: (806) 848-2413

Fax: (806) 848-2012

Founding Date: N/A

Personnel & Operations

President: Brown, Larry

Manager: Cone, Terri

FT Employees: 1

PT Employees: 2

Designations & Ratios

MDI Status: No

RBC Ratio: 0%

Membership Type: 99

Branches: 1

Hours: 9 am - 5 pm

Credit Union Profile Summary

SKEL-TEX is a FISCU Credit Union. With a total of 543 members [1], this institution manages approximately $5,961,335 in total assets [1]. It does not currently hold a Low-Income Designation. Key financial indicators show a solid Net Worth Ratio of 21.33% [1] and a strong Loan-to-Share Ratio, with loan growth over the last four quarters at -8.09% [1].

Financial Snapshot

Total Assets [1]
$5,961,335

Total economic resources.

Total Loans [1]
$2,964,363

Total value of outstanding loans.

Total Deposits [1]
$4,689,229

Total funds deposited by members.

Members [1]
543

Number of active members.

Performance Ratios

Net Worth Ratio [1]
21.33%

This is the credit union's safety cushion; 7.0% is the regulatory minimum. A higher ratio means the credit union is stable.

Return on Assets (ROAA) [1]
0.60%

Measures profitability. Shows profit generated per dollar of assets. Near 1.0% is considered strong.

Loan-to-Share Ratio [1]
63.22%

Measures lending activity using member deposits. Below 100% is generally healthy, balancing lending and liquidity.

Four-Quarter Growth

Asset Growth (4Q) [1]
1.64%

Indicates change in total size. Positive growth means the credit union is expanding its operations.

Loan Growth (4Q) [1]
-8.09%

Shows change in lending activity. Positive growth means they are actively increasing their lending business.

Member Growth (4Q) [1]
-0.73%

Indicates change in member count. Positive growth is a sign of a healthy, expanding member base.

Headquarters Location & Map

Headquarters Address

404 Main St

Skellytown, TX, 79080

Member Ratings & Reviews

Average Member Rating:

N/A / 5.0

Total Approved Reviews:

0

Rate This Credit Union

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Branch Locations

Found 1 branches reported by SKEL-TEX (Charter #60396).

Main Office

Skel-Tex Credit Union Main Office

Type: Corporate Office

404 Main St

Skellytown, TX 79080

Phone: (806) 848-2413

Services: Member Services

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