Doches Credit Union: Overview

The credit union first came into existence in 1951 and has been operating for the last 71 years. Doches Credit Union is based in the state of Texas and is also the 167th largest credit union operating in the state; this is calculated based on its total assets. Doches Credit Union’s deposits are insured by the National Credit Union Administration (NCUA), which operates very similarly to the Federal Deposit Insurance Corporation, except with a focus on credit unions. The NCUA also regulates and supervises Doches Credit Union’s operations. The company has a total of 4 branches and employs a total of 20 employees.

Who Can Join?

Membership is available to individuals that live or work in Nacogdoches, Shelby, San Augustine or Sabine Counties.

Details on the Credit Union’s Balance Sheet

The credit union has total assets of $68 million. It has a deposit base of $61 million which works out to $5,196 of deposits per member compared with the state-wide average of $12,297 and national average of $13,804. Doches Credit Union also has net loans outstanding of $35 million. The average credit union in Doches Credit Union’s peer set has a loan to deposit ratio of approximately 54%. In comparison, Doches Credit Union has a loan to deposit ratio of 58% which is clearly higher than the peer set. A lower ratio is generally better as it indicates that the lending activities of a credit union are more comfortably covered by its deposit base. Deposits are often the most cost effective source of funding for banks and credit unions. Taking a closer look at the credit union’s loan portfolio, we see that auto loans represent 65% of the total and currently stands at $23 million, while there is $3 million of loans outstanding from mortgages and lines of credit which represents 9% of the credit union’s loan portfolio.

Contact and Other Helpful Information

  • Main Office Address: 920 Nw Stallings Dr, Nacogdoches, TX 75964
  • Website:
  • Phone: (936) 569-7700
  • Charter Number: 62446
  • Charter Year: 1951
  • Employees: 20
  • Routing Number: 313186640
  • Membership: On average, credit unions in Texas each have 23,480 members while across the United States the equivalent figure is 26,230. By comparison, Doches Credit Union has total members of 11,648 which is significantly smaller than the average credit union in the state. Over the past three years, the credit union’s total base of members has increased by 15%.

Doches Credit Union: Financial Overview

doches credit union-balance-sheet-metrics

The above chart summarizes the trends in key balance sheet items for Doches Credit Union. First off, it is noteworthy that across the board, all four items have increased over the past year. The credit union’s assets have increased by 14.8% while its total loans have increased by 25.9%. In addition, the company’s auto loans have grown by 24.9% while its deposits have grown by 13.4%. A credit union’s net worth is a good proxy for the value that a credit union has accrued over time. Based on the latest available information, Doches Credit Union’s net worth stands at $7 million. This implies that the credit union has a net worth per member of $641 which is below the national average of $1,633.

Overview of the Credit Union’s Performance Metrics

doches credit union-selected-performance-metrics

In the above chart we have displayed three statistics that are important in evaluating a credit union’s performance and shown how Doches Credit Union compares on these metrics, in addition to detailing how the credit union performed on each metric in the prior year. Starting with the company’s return on assets, on this metric Doches Credit Union is above the average credit union in its peer set and over the past year ROA has declined with a total change of 0.12%. Return on assets tells us how productive a company is being with its asset base. The delinquency rate is a measure of what percentage of an entity’s loan book has fallen past due i.e. is delinquent. All else equal, a higher rate implies a worse performing loan portfolio. In the case of Doches Credit Union its delinquency rate is above its peers and over the past 12 months the credit union’s delinquency rate has deteriorated. The net worth ratio for the credit union is 11.0% and has declined compared with the prior year figure of 11.8%. The credit union is also well above its peer group average of 10.2% on this metric. Finally, based on the NCUA guidelines, the company’s net worth ratio would classify it as well capitalized.


Ultimately, after considering all of the relevant factors we rate Doches Credit Union 2.9 out of 5.0, which is above average. As a final note, please remember that our rating is the product of a proprietary scoring methodology which uses nationwide data for credit unions and our survey work. Importantly, none of the work presented herein is intended to be investment advice or advice of any sort and is presented purely for informational purposes.