Member Eligibility
Becoming a member of Texas Plains is like joining a family that truly cares about your financial well-being. At our branch located at 105 S Wall St Floydada Tx 79235, we welcome individuals who live, work, worship, or attend school in the community. This means if you're part of our vibrant neighborhood, you can easily join us and enjoy the many benefits we offer. Not only will you gain access to personalized banking services, but you'll also be a part of a supportive community where members help each other thrive. Joining is straightforward! To get started on opening an account, simply give us a call at (806) 983-3922 during our operating hours, and our friendly team will guide you through the process. For more detailed information on eligibility criteria. We look forward to welcoming you to Texas Plains and helping you achieve your financial goals!
Financial Strength
At Texas Plains, 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 are proud to showcase our robust financial health, ensuring that your savings and investments are in safe hands. Performance insights and financial data are sourced from the National Credit Union Administration (NCUA) at: https://www.ncua.gov, based on the latest results. With a net worth of $7,665,207, we maintain strong financial health, allowing us to offer better rates, lower fees, and enhanced member services. Our net worth ratio of 13% 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 $12,761,094 in share certificates, providing stable and rewarding growth opportunities. Unlike traditional banks, we prioritize our members. With non-member deposits at $5,379,968, we ensure that our resources are focused on benefiting you through better loan rates, lower fees, and exclusive perks. With $7,310,610 in undivided earnings, we reinvest in innovative banking tools and stronger lending options to serve our members better. Our lending capacity supports members' financial goals across various sectors with $14,600 in used auto loans and an impressive total of $44,004,012 in loans and leases. Our operational efficiency is reflected in our net income of $311,565, enabling us to continue offering competitive loan rates and solid financial products for our members. We also take pride in having 31 full-time employees and 1 part-time employee, ensuring our branches are always ready to serve you with a knowledgeable, committed team. Net Shares available for lending and investments stand at $6,164,755, while we boast a growing member base with 15,642 total share accounts who trust us with their finances. Our financial strength means we can continue serving you with confidence. Whether you're saving, borrowing, or planning for the future, Texas Plains is your trusted partner. Visit us at 105 S Wall St Floydada Tx 79235 or call 806-983-3922 to learn more about how we can help you achieve your financial goals.
