Like all credit unions, HCSECU is
a not-for-profit financial cooperative. When you join the
credit union, you become a shareholder – or an owner
– of a very unique financial institution. Earnings above
the required reserves are returned to you, in the form of
lower interest rates on loans and competitive dividends on
We are owned and operated by our members. We exist solely
for the purpose of serving our members' best interests.
Our most recent annual audit was performed by the auditors of the Way-Point Advisory Services. They are from Amarillo TX, made up of former examiners. The audit was performed as of the end of business on 02/29/16. At our exit interview with the auditors, they gave us high praise for our progress. If you would like further details, please call us at the office.
New IRS Regulations require credit unions to file a form 990 with the IRS. This is a required filing for tax exempt organizations. If you would like to review any of the form, please call us. We will have it available for you to review.