2026-03-17T18:21:33-07:00 2024-12-31 990 2024-01-01 750813625 POSTEL FAMILY CREDIT UNION POST 9407618600 4400 Maplewood Avenue Wichita Falls TX 76308 Candace Walker AVP, Accounting Manager 9407618600 2026-03-16 1 2024 2025-03-06 01:10:19Z X X Rick Hanson 4400 Maplewood Avenue Wichita Falls TX 76308 5546914 0 X www.postelcu.com X Credit Union 1929 TX POSTEL FAMILY CREDIT UNION is a not-for-profit financial cooperative and is a member of the National Credit Union Administration Fund. The credit union is regulated by the State of Texas Credit Union Department as well as the National Credit Union Administration. (Con't on Sch O.) 7 7 25 7 0 0 0 3319835 611085 1615994 0 5546914 0 0 1168779 0 0 2489905 0 3658684 0 1888230 72069814 75923058 64360381 66905841 7709433 9017217 Provider of credit union financial services. 0 0 Share Accounts: Postel Family Credit Union had 5,748 members as of December 31, 2024. Member savings accounts pay dividends monthly. These accounts can be accessed through the branch network, home banking via the internet, mobile devices, telephone network and ATM's worldwide. Special savings accounts designed for children and teenagers encourage the development of consistent savings habits. Checking Accounts: Postel Family Credit Union provides checking accounts for its members. Dividends are paid monthly. The credit union offers debit cards, internet access to accounts, mobile access, remote deposit and free use of the internet bill payer platform. Consumer Loans: Postel Family Credit Union offers loans for vehicles, boats, motorcycles, mortgages, unsecured purposes and recreational vehicles. 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 25 0 25 1 0 0 0 0 0 0 0 0 X 7 7 1 0 0 0 1 1 1 1 1 0 0 0 1 1 1 1 1 1 1 0 TX X Rick Hanson 9407618600 4400 Maplewood Avenue Wichita Falls TX 76308 Rick Hanson President/CEO 40 X 142406 0 0 Steve Hanson Vice President Chief Lending Officer 40 X 83313 0 0 Linda Frost Vice President COO 40 X 81341 0 0 Candace Perez AVP, Accounting Manager 40 X 59773 0 0 Joe Ryckoff Board Chairman 1 X 0 0 0 Robert Fonck Vice Chairman 1 X 0 0 0 John Luig Jr Secretary Treasurer 1 X 0 0 0 Weldon Day Board Member 1 X 0 0 0 Bill Presson Board Member 1 X 0 0 0 Mark Beauchamp Board Member 1 X 0 0 0 David Zentgraf Board Member 1 X 0 0 0 366833 0 0 0 0 0 0 0 0 Interest from Loans 522130 2818114 2818114 0 0 Member Fees & Charges 522100 451220 451220 0 0 Loan Fee Income 522130 50501 50501 0 0 0 0 0 0 3319835 611085 611085 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Other Income 900099 1615994 1615994 0 0 0 0 0 0 1615994 5546914 5546914 0 0 367126 217264 23499 403084 157806 24011 42000 283818 122139 603584 60000 0 175764 12360 0 7277 599136 0 166862 68508 Loan Servicing Expense 38803 Provision for Loan Losses 214259 71384 3658684 0 0 0 986372 902994 0 0 0 0 508614 1253964 1240064 1178362 0 0 38770837 38977966 0 0 108329 47313 10193470 1582750 7159286 8610720 0 0 22526368 24065964 0 0 0 0 769944 885775 72069814 75923058 886931 1327157 0 0 0 0 0 0 0 0 0 0 0 0 0 0 63473450 65578684 64360381 66905841 X 0 0 0 0 7709433 9017217 7709433 9017217 72069814 75923058 X 1888230 0 0 0 0 -580446 X 1 X 1 X 0 0 877800 0 877800 7859846 0 800100 7059746 0 0 0 0 1455824 0 782650 673174 0 0 0 0 8610720 Agency Securities 290568 C Bank Certificates 13183000 C Credit Union Certificates 4975051 C Corporate Credit Union Interest Bearing Cash Accounts 5617345 C 24065964 Other Liabilities 65578684 65578684 Linda Frost VP Unsecured X 3443 2634 0 1 1 Candace Walker AVP Unsecured X 3000 3000 0 1 1 John Luig Jr Board Member Auto X 56250 4214 0 1 1 Rick Hanson CEO Auto X 9000 4925 0 1 1 Steve Hanson VP Mortgage X 128000 75806 0 1 1 Mark Beauchamp Board Member Mortgage X 35000 25214 0 1 1 David Zentgraf Board Member Auto X 58358 47948 0 1 1 David Zentgraf Board Member Auto X 59515 52094 0 1 1 Robert Fonck Board Vice Chair Mortgage X 75000 72004 0 1 1 David Zentgraf Board Member Mortgage X 304800 229577 0 1 1 David Zentgraf Board Member Mortgage X 450000 340574 0 1 1 857990 Form 990, Part I, Line 1 Postel Family Credit Union offers products and services in four primary areas: (1) Share accounts (2) Checking accounts (3) Consumer Loans (4) Real Estate Loans. Form 990, Part VI, Section A, Line 2 Our CEO and Vice President of Financial Services are brothers. Form 990, Part VI, Section A, Line 6 Postel Family Credit Union is a not-for-profit financial cooperative owned by its members. Form 990, Part VI, Section A, Line 7a Members elect Board of Directors each year at Postel Family Credit Union's annual meeting. Form 990, Part VI, Section A, Line 7b Mergers and acquisitions are subject to approval by the membership of the credit union as a whole. Form 990, Part VI, Section B, Line 11b The CEO reviews the Form 990 and required schedules after preparation by the AVP of Accounting. A copy of the Form 990 is provided to each member of the Postel Family Credit Union's Board of Directors for review. Form 990, Part VI, Section B, Line 12c The policy is reviewed annually, and accounts are verified at that time. Form 990, Part VI, Section B, Line 15 Postel Family Credit Union performs, at a minimum, an annual evaluation of all staff. Form 990, Part VI, Section C, Line 19 Postel Family Credit Union makes its governing documents, conflicts of interest policy and financial statements available to the public upon request. Its financial statements are displayed within the lobby at the credit union. Form 990, Part XI, Line 9 Adjustment. Prior Account Manager passed away due to cancer.