Texas Tech Federal Credit Union

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A short history of Texas Tech FCU

Since its inception in 1959 the Texas Tech Federal Credit Union has been serving its members in the LUBBOCK, 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 Chris Hutson, the Texas Tech FCU has grown its membership to over 19,629 with assets of more than $136,845,963. They have a main office and 4 branch offices. Please see the credit unions website or contact them by phone at (806) 742-3606 or email them at helpdesk@texastechfcu.org to get exact details . There are many other credit unions in the local area. See them all here. Credit Unions in LUBBOCK, TX.

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

Charter Number 12858
Address BOX 41072 
City LUBBOCK 
State Texas 
Zip-Code 79409
Phone Number (806) 742-3606
Fax Number (806) 742-3699
Email Address: helpdesk@texastechfcu.org
CEO/President Chris Hutson
Members 19,629 
Full-Time Employees 60 
Part-Time Employees 11 
Number of Branch Offices
Total Assets 136,845,963 
Website https://www.texastechfcu.org 

Compare Texas Tech Federal Credit Union To Other Local Credit Unions


Credit Union Name
Branch Name
Address
Zip Code
Phone Number
ATM Access
Distance (Miles)
Westex CU WesTex Federal Credit Union 901 Avenue Q 79401 (806) 765-5701 No 1.75
Lubbock Teachers CU Credit Union Office 1628 19th St Rm 222E 79401 (806) 744-8704 No 1.82
Lubbock Telco CU LUBBOCK TELCO F C U 2802 York Ave Unit D 79490 (806) 797-8044 No 2.35
Alliance CU Midtown Branch 6601 Indiana Ave 79413 (806) 798-5554 No 4.85
Caprock Santa Fe CU Caprock Santa Fe Credit Union 405 Railroad Ave 79364 (806) 828-5825 No 17.44

Texas Tech Federal Credit Union Financial Performance Charts


Performance Charts

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Financial Data


Texas Tech 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 11.99 2.49 3.24 4.14 6.19
Mean Rate For All USA Based Credit Unions 10.56 3.72 5.00 4.48 4.95
Rank Among All USA Credit Unions 410 83 119 162 361
Rank Among All Texas Credit Unions 90 26 47 44 89

Texas Tech Federal Credit Union Highest Deposit Rates With State and USA Rankings

Checking Regular Savings Money Market Certificates of Deposits IRA/KEOGH
Rate N/A 2.00 0.45 1.70 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 N/A 18 69 66 158
Rank Among All Texas Credit Unions N/A 5 13 14 31
Texas Tech Federal Credit Union Loans and Leases

Interest Rate Number of Loans Amount
Unsecured Credit Card Loans 11.9901,9073,470,484
All Other Unsecured Loans/Lines of Credit 7.9901,2615,753,591
Short-Term, Small Amount Loans (STS) (Federal CU Only) 0.00000
Non-Federally Guaranteed Student Loans 0.00000
New Vehicle Loans 2.49042310,941,848
Used Vehicle Loans 3.2402,06031,704,110
Total 1st Mortgage Real Estate Loans/Lines of Credit 4.14024826,602,876
Total Other Real Estate Loans/Lines of Credit 6.19059921,653,902
Leases Receivable 0.00000
Total All Other Loans/Lines of Credit 4.2404416,921,520
TOTAL LOANS & LEASES 6,939107,048,331

Texas Tech 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 6710,615,59822743,760,043
    b. 15 Years or less 1328,028,742477,814,905
Balloon/Hybrid
    a. > 15 years 0000
    b. 15 Years or less 0000
Other Fixed Rate 0000
Adjustable Rate 1 yr or less 8104,66400
Adjustable Rate > 1 yr 417,853,872193,788,625

OTHER REAL ESTATE

Closed-End Fixed Rate 59721,599,50711113,133,189
Closed-End Adjustable Rate 254,39500
Open-End Adjustable Rate 0000
Open-End Fixed Rate 0000
TOTALS 84748,256,77840468,496,762

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

Texas Tech Federal Credit Union Member Offerings
First Time Homebuyer Program Yes
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 No
Check Cashing Yes
Money Orders Yes
No Surcharge ATMs Yes
Home Banking Via Internet Website Yes