TellerScore

Headquartered in Pasadena, Texas, Local 24 Employees Federal Credit Union is a federal credit union with $13.6M in total assets and $10.7M in member shares and deposits as of Q2 2026. It operates 1 office. Its charter dates back to 1961.

Based on its Q2 2026 filing, Local 24 Employees Federal Credit Union scores 98/100, which we describe as very strong. That is higher than 98% of 2,479 credit unions with under $100 million in assets. Among 380 credit unions headquartered in Texas, it ranks 7th. Its strongest component is capital cushion (100/100; 21.01%), and its lowest is loan quality (91/100; 0.26%).

TellerScore · Q2 2026

Scorecard

Capital cushion100/100
Net worth ratio: 21.01%
Loan quality91/100
Loans 60+ days delinquent ÷ total loans: 0.26%
Earnings100/100
Return on assets (annualized): 2.15%
Funding & liquidity100/100
Loans ÷ shares: 43.1% · 1.0% uninsured
Problem-loan coverage99/100
Delinquent loans + foreclosed assets ÷ (net worth + loan-loss reserves): 0.43%

The TellerScore is our own summary of the figures this institution reports publicly; it is not issued or endorsed by any government agency. It is not a prediction, and deposits within insurance limits are protected either way.

9 quarters

Health trend

From Q2 2025 to Q2 2026, the score rose 13 points (85 → 98), mostly because the loan quality component improved by 34 points.

TellerScore
849198Q2 2024Q4 2024Q2 2025Q4 2025Q2 2026
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QuarterTellerScore
Q2 202484
Q3 202497
Q4 202497
Q1 202596
Q2 202585
Q3 202591
Q4 202597
Q1 202694
Q2 202698
Net worth ratio
7.00%14.01%21.01%well-capitalized benchmarkQ2 2024Q4 2024Q2 2025Q4 2025Q2 2026
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QuarterNet worth ratio
Q2 202418.49%
Q3 202418.74%
Q4 202418.56%
Q1 202519.18%
Q2 202519.35%
Q3 202519.92%
Q4 202519.52%
Q1 202620.21%
Q2 202621.01%
Delinquent loans (60+ days)
0.07%0.95%1.84%Q2 2024Q4 2024Q2 2025Q4 2025Q2 2026
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QuarterDelinquent loans (60+ days)
Q2 20241.84%
Q3 20240.35%
Q4 20240.23%
Q1 20250.07%
Q2 20251.29%
Q3 20250.74%
Q4 20250.15%
Q1 20260.17%
Q2 20260.26%
Return on assets
1.44%1.79%2.15%Q2 2024Q4 2024Q2 2025Q4 2025Q2 2026
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QuarterReturn on assets
Q2 20241.96%
Q3 20242.05%
Q4 20241.90%
Q1 20251.61%
Q2 20251.58%
Q3 20251.65%
Q4 20251.89%
Q1 20261.44%
Q2 20262.15%
Quarter-by-quarter figures
QuarterScoreAssetsCapitalProblem loansROALoans/deposits
Q2 202698$13.6M21.01%0.26%2.15%43.1%
Q1 202694$14.0M20.21%0.17%1.44%39.6%
Q4 202597$13.9M19.52%0.15%1.89%39.9%
Q3 202591$13.6M19.92%0.74%1.65%38.1%
Q2 202585$13.7M19.35%1.29%1.58%36.9%
Q1 202596$13.5M19.18%0.07%1.61%36.6%
Q4 202497$13.6M18.56%0.23%1.90%35.6%
Q3 202497$13.2M18.74%0.35%2.05%38.5%
Q2 202484$13.0M18.49%1.84%1.96%39.6%

2,479 peers · Under $100 million in assets

How it compares with peers

Percentile against credit unions of similar size nationwide (100th = best among peers; for ratios where lower is better, the scale is flipped).

Capital ratio21.01%
80th
Problem loans0.26%
70th
Net charge-offs1.20%
11th
Return on assets2.15%
95th
Loans to deposits43.1%
74th
Uninsured deposits1.0%
54th
Loan-loss reserves0.00%
37th
Texas ratio0.4%
76th

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InstitutionScoreAssetsCapitalProblem loansCompare
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Scurry County School Federal Credit UnionCredit union Snyder, TX71 out of 100, Strong$13.2M13.9%0.53%vs
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Friona Texas Federal Credit UnionCredit union Friona, TX49 out of 100, Below average$14.1M14.7%12.40%vs
Refugio County Federal Credit UnionCredit union Refugio, TX87 out of 100, Very strong$14.2M16.4%0.42%vs

Deposit insurance

Is my money safe at Local 24 Employees Federal Credit Union?

Yes. Local 24 Employees Federal Credit Union is a federally insured credit union (NCUA charter #14656). Deposits are insured by the National Credit Union Share Insurance Fund up to $250,000 per member, per insured credit union, for each account ownership category.

An estimated 1.0% of shares and deposits ($105K) are above the $250,000 NCUA insurance limit, close to the peer median of 1%. Insured balances are protected regardless of the score.

The net worth ratio is 21.01%, well above the 7% level regulators use as the "well capitalized" benchmark for this measure.

Check how much of your own balance is covered

1 location

Branches

Local 24 Employees Federal Credit Union lists 1 office in 1 city. Most locations:

All branch addresses and map

Identity & history

Profile

Legal name
Local 24 Employees Federal Credit Union
Type
Federal credit union
NCUA charter #
14656
RSSD ID
968687
Primary regulator
NCUA
Established
1961
Headquarters
5001 Red Bluff Rd, Pasadena, TX 77503
Employees
4

Quick answers

Local 24 Employees Federal Credit Union: common questions

Is Local 24 Employees Federal Credit Union NCUA insured?

Yes. Local 24 Employees Federal Credit Union is a federally insured credit union (NCUA charter #14656). Deposits are insured by the National Credit Union Share Insurance Fund up to $250,000 per member, per insured credit union, for each account ownership category.

What is Local 24 Employees Federal Credit Union's TellerScore?

98 out of 100 (Very strong), based on its Q2 2026 publicly reported figures. The TellerScore is our own summary and is not issued by any government agency.

How many branches does Local 24 Employees Federal Credit Union have?

1 office as of the latest NCUA data.

Nearby

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InstitutionScoreAssetsCapitalProblem loansCompare
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