Charter 15001 · Grand Saline, TX
Salt Employees Federal Credit Union
Salt Employees Federal Credit Union is a federally chartered credit union in Grand Saline, Texas, with $1.5 million in assets and 315 members as of June 30, 2026, according to the call report it filed with NCUA. Its net worth ratio was 44.66%, well above the 7% that NCUA's rules treat as well capitalized.
- Total assets
- $1.5 million
- -0.4% in a year
- Members
- 315
- -0.3% in a year
- Net worth ratio
- 44.66%
- Peer median 19.32%
- Loans 60+ days late
- 0.00%
- Peer median 0.66%
- Loans outstanding
- $698 thousand
- -0.8% in a year
- Shares and deposits
- $764 thousand
- +0.0% in a year
- Branches
- 1
- 2 employees
- Opened
- 1962
- Federal charter
How Salt Employees Federal Credit Union compares
NCUA groups credit unions by size; Salt Employees Federal Credit Union is in the group with under $2 million in assets (232 credit unions). Its net worth ratio of 44.66% is higher than that group's median of 19.32%, and its share of loans 60 or more days past due, 0.00%, is lower than the group median of 0.66%. Loans fell 0.8% over the year to Q2 2026, against a group median of a 7.3% fall.
By assets it ranks 371 of 380 credit unions headquartered in Texas. See all Texas credit unions.
Five quarters of figures
| Quarter | Assets | Members | Loans | Net worth ratio | 60+ days late |
|---|---|---|---|---|---|
| Q2 2026 | $1.5 million | 315 | $698 thousand | 44.66% | 0.00% |
| Q1 2026 | $1.5 million | 315 | $686 thousand | 44.52% | 0.00% |
| Q4 2025 | $1.5 million | 319 | $670 thousand | 43.97% | 0.63% |
| Q3 2025 | $1.6 million | 315 | $681 thousand | 41.82% | 0.02% |
| Q2 2025 | $1.5 million | 316 | $704 thousand | 44.54% | 2.36% |
Assets Members
Who can join
The field of membership is the group a credit union is allowed to serve: people who live or work in an area, employees of certain companies, members of an association, and their families. The credit union's own website has the exact rules. On its call report it estimates its field of membership at about 750 potential members.
Credit unions that anyone in the US can join
Locations
NCUA's branch file lists 1 site for Salt Employees Federal Credit Union. The branch count in the figures above comes from its call report, which is filed separately, so the two can differ slightly.
- Morton Salt Company (main office)
801 State Highway 110, Grand Saline, TX 75140
About these numbers
Figures come from the NCUA 5300 Call Report quarterly data for Q2 2026 (quarter ended June 30, 2026), which each credit union files itself. "60+ days late" is delinquent loans of two months or more divided by total loans. Peer medians are computed across every credit union in the same NCUA asset-size group. NCUA call report data · Methodology