Nascoga Federal Credit Union

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A short history of Nascoga FCU

Since its inception in 1956 the Nascoga Federal Credit Union has been serving its members in the Gainesville, 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 Don Wood, the Nascoga FCU has grown its membership to over 6,557 with assets of more than $91,875,783. They have a main office and 4 branch offices. Please see the credit unions website or contact them by phone at (940) 665-1797 or email them at to get exact details . There are many other credit unions in the local area. See them all here. Credit Unions in Gainesville, TX.

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

Charter Number 11067
Address 1312 Lawrence St 
City Gainesville 
State Texas 
Zip-Code 76240
Phone Number (940) 665-1797
Fax Number (940) 665-7953
Email Address:
CEO/President Don Wood
Members 6,557 
Full-Time Employees 21 
Part-Time Employees
Number of Branch Offices
Total Assets 91,875,783 

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Nascoga Federal Credit Union Financial Performance Charts

Performance Charts

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Financial Data

Nascoga 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 9.90 3.24 4.19 4.40 4.75
Mean Rate For All USA Based Credit Unions 10.56 3.72 5.00 4.48 4.95
Rank Among All USA Credit Unions 243 173 225 195 200
Rank Among All Texas Credit Unions 50 63 82 56 35

Nascoga Federal Credit Union Highest Deposit Rates With State and USA Rankings

Checking Regular Savings Money Market Certificates of Deposits IRA/KEOGH
Rate 0.10 0.25 0.20 0.60 1.00
Mean Rate For All USA Based Credit Unions 0.19 0.26 0.29 0.73 0.66
Rank Among All USA Credit Unions 116 95 114 240 158
Rank Among All Texas Credit Unions 31 34 24 81 31
Nascoga Federal Credit Union Loans and Leases

Interest Rate Number of Loans Amount
Unsecured Credit Card Loans 9.900679692,595
All Other Unsecured Loans/Lines of Credit 10.150423809,737
Short-Term, Small Amount Loans (STS) (Federal CU Only) 26.0004023,470
Non-Federally Guaranteed Student Loans 0.00000
New Vehicle Loans 3.24045610,958,738
Used Vehicle Loans 4.19093913,260,745
Total 1st Mortgage Real Estate Loans/Lines of Credit 4.40022520,634,052
Total Other Real Estate Loans/Lines of Credit 4.750864,888,412
Leases Receivable 0.00000
Total All Other Loans/Lines of Credit 6.6403814,510,639
TOTAL LOANS & LEASES 3,22955,778,388

Nascoga Federal Credit Union Real Estate Loans and Lines of Credit


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 5945,5852416,000
    b. 15 Years or less 665,946,9015765,300
    a. > 15 years 14111,331,974222,358,706
    b. 15 Years or less 132,409,592102,130,500
Other Fixed Rate 0000
Adjustable Rate 1 yr or less 0000
Adjustable Rate > 1 yr 0000


Closed-End Fixed Rate 864,888,41210753,100
Closed-End Adjustable Rate 0000
Open-End Adjustable Rate 0000
Open-End Fixed Rate 0000
TOTALS 31125,522,464496,423,606


Interest Only & Payment Option 1st Mortgage Loans 132,409,5922,130,500
Interest Only & Payment Option Other RE/LOC Loans 000
    a. Federally Insured Home Equity Conversion Mortgage (HECM) 0000
    b. Proprietary Reverse Mortgage Products 0000

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