Heart O' Texas Federal Credit Union

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A short history of Heart O' Texas FCU

Since its inception in 1956 the Heart O' Texas Federal Credit Union has been serving its members in the WACO, Texas area with exceptional financial products. You can find their current interest rates on used car loans, new car loans, 1st mortgage loans and interest rates on both fixed and adjustable mortgages here on these pages. Currently led by Melissa Hagenbuch, the Heart O' Texas FCU has grown its membership to over 5,979 with assets of more than $56,654,617. They have a main office and 4 branch offices. Please see the credit unions website or contact them by phone at (254) 751-1622 or email them at mikec@hotfcu.org to get exact details . There are many other credit unions in the local area. See them all here. Credit Unions in WACO, TX.

General Information For Heart O' Texas FCU was taken from their 6/30/2017 quarterly report, which is the most current available public information.

Charter Number 11032
Address P. O. BOX 11 
City WACO 
State Texas 
Zip-Code 76703
Phone Number (254) 751-1622
Fax Number (254) 751-1141
Email Address: mikec@hotfcu.org
CEO/President Melissa Hagenbuch
Members 5,979 
Full-Time Employees 27 
Part-Time Employees
Number of Branch Offices
Total Assets 56,654,617 
Website http://www.hotfcu.org 

Compare Heart O' Texas Federal Credit Union To Other Local Credit Unions


Credit Union Name
Branch Name
Address
Zip Code
Phone Number
ATM Access
Distance (Miles)
Highway District 9 CU Highway District 9 Credit Union 2417 Columbus Ave 76701 (254) 756-6331 No 0.57
Mclennan County Employees CU Corporate Office 215 N 5th St Ste 224 76701 (254) 757-5015 No 0.97
Waco CU Main 826 N 3rd St 76703 (254) 753-0361 No 1.15
1st University CU Aramark Management Offices 2100 River St 76703 (254) 710-1414 No 1.44
Genco CU Valley Mills 731 N Valley Mills Dr 76714 (254) 776-9550 No 2.31

Heart O' Texas Federal Credit Union Financial Performance Charts


Performance Charts

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Financial Data


Heart O' Texas Federal Credit Union Lowest Loan Rates With State and USA Rankings

Unsecured Credit Card New Car Loans Used Car Loans 1st Mortgage Loans Other Real Estate
Rate N/A 2.95 2.95 6.75 7.95
Mean Rate For All USA Based Credit Unions 10.56 3.72 5.00 4.48 4.95
Rank Among All USA Credit Unions N/A 139 88 426 473
Rank Among All Texas Credit Unions N/A 48 37 126 125

Heart O' Texas Federal Credit Union Highest Deposit Rates With State and USA Rankings

Checking Regular Savings Money Market Certificates of Deposits IRA/KEOGH
Rate 0.01 0.01 0.10 0.40 0.05
Mean Rate For All USA Based Credit Unions 0.19 0.26 0.29 0.73 0.66
Rank Among All USA Credit Unions 140 156 134 284 291
Rank Among All Texas Credit Unions 40 56 35 97 77
Heart O' Texas Federal Credit Union Loans and Leases

Interest Rate Number of Loans Amount
Unsecured Credit Card Loans 0.00000
All Other Unsecured Loans/Lines of Credit 11.950261207,132
Short-Term, Small Amount Loans (STS) (Federal CU Only) 0.00000
Non-Federally Guaranteed Student Loans 0.00000
New Vehicle Loans 2.9503877,588,346
Used Vehicle Loans 2.9508758,679,090
Total 1st Mortgage Real Estate Loans/Lines of Credit 6.750995,332,199
Total Other Real Estate Loans/Lines of Credit 7.950763,166,809
Leases Receivable 0.00000
Total All Other Loans/Lines of Credit 7.9505431,971,397
TOTAL LOANS & LEASES 2,24126,944,973

Heart O' Texas Federal Credit Union Real Estate Loans and Lines of Credit

REAL STATE LOANS FIRST MORTGAGE

No. of Loans Outstanding Amt of Loans Outstanding No. of Loans Granted Year- to-Date Amount Granted Year-To-Date
Fixed Rate
    a. > 15 years 251,661,405199,600
    b. 15 Years or less 743,670,7943230,500
Balloon/Hybrid
    a. > 15 years 0000
    b. 15 Years or less 0000
Other Fixed Rate 0000
Adjustable Rate 1 yr or less 0000
Adjustable Rate > 1 yr 0000

OTHER REAL ESTATE

Closed-End Fixed Rate 763,166,8099466,052
Closed-End Adjustable Rate 0000
Open-End Adjustable Rate 0000
Open-End Fixed Rate 0000
TOTALS 1758,499,00813796,152

MISCELLANEOUS REAL ESTATE LOANS/LINES OF CREDIT INFORMATION

Interest Only & Payment Option 1st Mortgage Loans 000
Interest Only & Payment Option Other RE/LOC Loans 000
REVERSE MORTGAGES
    a. Federally Insured Home Equity Conversion Mortgage (HECM) 0000
    b. Proprietary Reverse Mortgage Products 0000

Heart O' Texas Federal Credit Union Member Offerings
First Time Homebuyer Program No
Real Estate Loans Yes
Pay Day Lending Yes
Share Secured Credit Cards No
Overdraft Protection/Courtesy Pay Yes
Overdraft Lines of Credit No
ATM/Debit Card Program Yes
Interest Only and Payment Option 1st Mortgage Loans No
Check Cashing Yes
Money Orders Yes
No Surcharge ATMs Yes
Home Banking Via Internet Website Yes