At 1st University, financial security is not just a goal it's a promise. Our members count on us for stability, and we take that responsibility seriously. We understand that trust is built on the solid foundation of our financial strength, and we are proud to showcase our robust position in the community. With a
net worth of $1,812,290, we maintain strong financial health, allowing us to offer better rates, lower fees, and enhanced member services. Our
net worth ratio of $1,036 demonstrates a solid capital foundation, ensuring that we can continue providing loans, competitive savings rates, and uninterrupted services even in uncertain economic times. Members' savings are secured through
$2,940,369 in share certificates and
$380,025 in money market shares, offering stable and rewarding financial growth opportunities. Unlike traditional banks, we prioritize our members. With non-member deposits at
$0, we ensure that our resources are focused on benefiting you through better loan rates, lower fees, and exclusive perks. With
$1,786,256 in undivided earnings, we reinvest in innovative banking tools, stronger lending options, and enhanced security measures to serve our members better. Our lending capacity is evident with
$149 in used auto loans and
$13,735,304 in total loans and leases, supporting our members' financial goals across various sectors. Our operational efficiency is reflected in our
$26,034, which enables us to continue offering competitive loan rates and solid financial products for our members. We also take pride in having
8 full-time employees and
2 part-time employees, ensuring our branches are always ready to serve you with a knowledgeable, committed team. Net Shares (Funds available for lending and investments):
$161,163. Total Share Accounts:
2,573, showing a strong and growing member base that trusts us with their finances. Performance insights and financial data are sourced from the National Credit Union Administration (NCUA) at:
https://www.ncua.gov, based on the latest results. Our financial strength means we can continue serving you with confidence. Whether you're saving, borrowing, or planning for the future, 1st University is your trusted partner. Visit us at 2100 River St Waco Tx 76706 or call (254) 710-1414 to learn more about how we can help you achieve your financial goals.
