Credit union · NCUA insured
Midwestern State University Credit Union
A $4.8M credit union headquartered in Wichita Falls, TX, with 900 members and 1 branch in Texas. Best rates: savings 0.10% APY.
Midwestern State University Credit Union Carrot Score
60
Carrot Score
Higher than 2% of U.S. banks and credit unions
#12 of 13 in Wichita Falls, TX metroHow the score works →
Deposits are federally insured by the NCUA up to $250,000 per depositor.
About Midwestern State University Credit Union
Established on April 25, 1955, Midwestern State University Credit Union is a member-owned financial cooperative dedicated to supporting members' financial goals.
The credit union is headquartered in Wichita Falls, Texas.
- Headquarters
- 3410 Taft Blvd, Wichita Falls, TX 76308
- NCUA charter
- 67549
Membership
Who can join
This may be incomplete or out of date, so check with the credit union before you apply.
Military, government and schools
- All Midwestern State University graduates and life-time members of the MSU Alumni Association are eligible to join.
- All full-time campus ministers of recognized Bible chairs and their full-time employees are eligible to join.
- Full-time, benefit-eligible employees of Midwestern State University are eligible to join.
- Teaching Assistants (TAs) of the University, as well as part-time faculty and part-time staff under contract and benefit eligible, are eligible to join.
- All ROTC Cadre and all full-time civil service employees of the ROTC unit at the University are eligible to join.
- Students who are officially accepted and attending Midwestern State University are eligible to join.
2 more ways to join
Military, government and schools
- All full-time (benefit-eligible) Administration, Faculty, classified, and At-will employees of Vernon College (including all branches) are eligible to join.
Family and household
- Members of the family of eligible persons are eligible for membership.
Cost to join
- Joining requires payment of a $1.00 non-refundable membership fee.
- New members must purchase at least one share for $25.00 to establish an account.
Branches
1 branch in Texas
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Texas
1 branch
- Midwestern State University Credit UnionMain office3410 Taft Blvd, Wichita Falls, TX 76308Directions
Walk-in offices from the NCUA directory as of March 31, 2026. Directions open Google Maps. A nearby branch doesn’t mean you can join or open an account.
Financial details
Well capitalizedas reported to the NCUA
| Measure | This credit union | Peers’ middle | Strongest quarter |
|---|---|---|---|
| CapitalNet worth ratio | 16.26% | 14.31% | 19.38% or more |
| Troubled loans60+ days late | 0.47% | 0.70% | 0.18% or less |
| ProfitabilityReturn on assets | -0.74% | 0.65% | 1.19% or more |
| LendingLoans per $100 deposited | $60 | $59 | — |
- CapitalNet worth ratio16.26%Peers’ middle 14.31% · Top 25% 19.38%+
- Troubled loans60+ days late0.47%Peers’ middle 0.70% · Top 25% ≤0.18%
- ProfitabilityReturn on assets-0.74%Peers’ middle 0.65% · Top 25% 1.19%+
- LendingLoans per $100 deposited$60Peers’ middle $59
Compared with the 2,478 credit unions with under $100 million in assets. The strongest quarter is what the best 25% of them reach: more capital and profit, fewer troubled loans. Lending has no better end.Troubled loans are loans 60 or more days late.
Regulators’ own ratings of Midwestern State University Credit Union are confidential. These figures are what it reports to the NCUA each quarter, set beside its peers; they aren’t a rating.