Sweetex Credit Union
LONGVIEW, TX
Total revenue
$359K
Total expenses
$328K
Net assets
$3.6M
Grants received
—
EIN
750869112
Tax year
2024
Mission
Sweetex credit union offers savings and loans to a single employee group and their families at economical rates and encourages the financial health of our member-owners
Programs
2 programs
Consumer loans-sweetex credit union has provided vehicle and other secured loans since its beginning in 1952. The consumer loan product line now includes efficient underwriting and flexible offerings for rv's, boats, motorcycles, new and used autos, and unsecured loans. Consumer credit life and disability insurance and guaranteed auto balance protection coverage are available at group rates just for our member borrowers.
Home loans-sweetex credit union has been offering home loans for over 20 years at competitive rates to its membership and began offering home equity loans in recent years. The credit union currently books these loans in-house to maturity. Sweetex is very conservative in it's mortgage lending, only financing 80%or less loan to value for 20 or less years.
Financials
FY 2024
Revenue
Expenses
People
6 listed
LAWANDA DRENNAN
PRESIDENT/CEO
$88K
40 hrs/wk
RITA HOGAN
BOARD CHAIRMAN
—
2 hrs/wk
RAYMOND F TAYLOR
BOARD VICE CHAIRMAN
—
2 hrs/wk
RONALD TEVEBAUGH
DIRECTOR
—
1.5 hrs/wk
LINDA DAILEY
DIRECTOR
—
0.5 hrs/wk
BRYAN BLANTON
DIRECTOR
—
0.5 hrs/wk