Availability of Documents
The credit union’s balance sheet and income statement are available in the credit union’s office. Also available are a summary of the most recent annual audit, board policy regarding access to articles of incorporation, bylaws, rules, guidelines, board policies and copies thereof. As well as IRS Form 990.
The Credit Union’s Balance Sheet
Statement of Financial Condition as of December 31, 2025
| ASSETS | December 2025 | December 2024 |
|---|---|---|
| Loans to Member | 14,453,783 | 13,409,057 |
| Allowance for Credit Loss (less) | (86,847) | (96,337) |
| Cash | 2,570,633 | 232,047 |
| Investments | 6,627,639 | 7,871,931 |
| Land & Building | 194,169 | 222,236 |
| Furniture & Equipment | 58,470 | 7,593 |
| Deposit in NCUSIF | 197,332 | 204,212 |
| Accrued Income | 69,078 | 70,239 |
| Other Assets | 36,220 | (52,236) |
| TOTAL ASSETS | 24,120,477 | 21,868,742 |
| LIABILITIES & EQUITY | ||
| TOTAL LIABILITIES | 186,910 | 335,990 |
| MEMBER EQUITY | ||
| Regular Shares | 11,585,896 | 12,205,430 |
| Other Deposits | 500,962 | 691,624 |
| Money Market | 799,807 | 556,868 |
| Certificates | 3,827,231 | 905,908 |
| Share Drafts | 4,554,223 | 4,684,440 |
| I.R.A.'s | 752,233 | 740,641 |
| TOTAL MEMBER EQUITY | 22,020,352 | 19,784,911 |
| RESERVES & UNDIVIDED EARNINGS | ||
| Regular Reserves | ||
| Other Reserves | ||
| Undivided Earnings | 2,053,215 | 1,919,083 |
| Comprehensive Income | (140,000) | (171,242) |
| TOTAL CAPITAL | 1,913,215 | 1,747,841 |
| TOTAL LIABILITIES & EQUITY | 24,120,477 | 21,868,742 |
Statement of Income and Expenses for the Year Ending - December 31, 2025
| INCOME | December 2025 | December 2024 |
|---|---|---|
| Income from Loans | 899,992 | 793,874 |
| Investment Income | 152,819 | 188,854 |
| Fees & Charges | 166,110 | 154,560 |
| Miscellaneous Income | 11,464 | 10,125 |
| TOTAL INCOME | 1,230,385 | 1,147,413 |
| OPERATING EXPENSES | ||
| Employee Compensation | 492,553 | 556,784 |
| Travel & Conferences | 19,049 | 15,068 |
| Office Occupancy Expense | 60,656 | 58,754 |
| Office Operations Expense | 210,146 | 195,649 |
| Education & Professional Expense | 39,903 | 18,083 |
| Loan Servicing Expense | 21,500 | 23,061 |
| Professional & Outside Services | 124,859 | 133,216 |
| TOTAL OPERATING EXPENSES | 974,902 | 1,006,432 |
| NET OPERATING INCOME (LOSS) | 255,483 | 140,981 |
| NON-OPERATING EXPENSE | ||
| Dividends | 90,110 | 37,855 |
| Non-Operating Gain (Loss) | ||
| TOTAL NON-OPERATING EXPENSES | 90,110 | 37,855 |
| NET INCOME | 165,373 | 103,126 |
List of Board Members & Management
| Board of Directors 2025 | Title | Term Expires |
|---|---|---|
| William "Bud" Sperling | Chairman | 2026 |
| Randy Dozeman | Vice Chair | 2025 |
| Pam Hensley | Secretary | 2027 |
| Reuben Marek | Treasurer | 2027 |
| Robert Dale Whitesell | Director | 2026 |
| John Conner | Director | 2025 |
| Nichole Guajardo | Director | 2027 |
| Mike Hamby | Advisory Director | Appointed |
| Joe Ken Morris | Advisory Director | Appointed |
| Management | Title |
|---|---|
| Lathe' H. Owens | President & CEO |
| Debbie Brockette | Collection Manager |
| Kathy Vansa | Account Manager |
The Chairman’s Report - 72nd Annual Meeting:
It is a pleasure to reflect on the accomplishments of the past year and to look forward to the opportunities ahead. 2025 was another year of continued progress and growth for our Credit Union. Through ongoing changes in the financial industry and the evolving needs of our community, TSF Community Credit Union remained focused on what matters most: serving our members with dedication, strength, and integrity.
We are excited about the continued leadership of Lathe’ Owens, who has stepped into the role of President & CEO and is guiding the Credit Union forward with a strong vision and commitment to service. We also welcomed a new member to our team this year, Mrs. Bella Lopez-Pompa, who joined us as she replaced Susan Schneider.
This was my first year serving again as Board Chairman, though not my first time in the position, having previously served from 2019 to 2022. Your Board of Directors remains deeply committed to making sound decisions, planning strategically, and ensuring that TSF Community Credit Union continues to thrive for generations to come.
This year, we saw Guy Fowler and George White complete their service and roll off the Board, and we were pleased to welcome Nichole Guajardo and John Conner as new Board members. Additionally, our Advisory Board welcomed Ken Morris, Blane Walker, and Mike Hamby, and we are grateful for the experience and dedication they bring to our Credit Union.
As our membership and community continue to grow, we will remain committed to exploring new and better ways to support you through every stage of life—while maintaining the personal service and trust that make our Credit Union special.
In closing, I would like to express my sincere appreciation for the leadership of Lathe’ Owens, the dedication of our outstanding staff, and the continued support and loyalty of you, our members. I am confident that TSF Community Credit Union is well-positioned to meet future challenges and pursue new opportunities that ensure long-term success for our Credit Union family.
Thank you for being the most important part of TSF Community Credit Union.
We wish you all the best for a happy, healthy, and successful year ahead.
Sincerely,
William “Bud” Sperling
Chairman, Board of Directors
The President’s Report - 72nd Annual Meeting:
I am truly grateful for the opportunity to continue serving as President & CEO of Temple Santa Fe Community Credit Union. It is both a privilege and a responsibility to lead an institution with such a proud history and a strong commitment to the members and community we serve.
As we mark our 72nd year, I am reminded that our success has always been rooted in people—our loyal membership, our dedicated staff, and the shared values that have guided this Credit Union since its founding. Even in a rapidly changing financial environment, TSF Community Credit Union remains steadfast in our mission: providing trusted financial services with personal care, integrity, and a focus on member well-being.
This past year was one of continued progress and growth. We were proud to successfully launch our new website in August, providing members with an improved online experience and better access to information and services. In addition, we implemented several important security upgrades and technology enhancements to help protect member accounts and ensure we remain prepared for the evolving digital landscape.
We are pleased to report that your Credit Union has continued to grow financially. This year, our loan portfolio climbed to more than $14 million, and our total assets increased to over $24 million—important milestones that reflect both strong management and the trust you place in us as your financial partner.
Looking ahead, we are excited about the opportunities in the year to come. In 2026, we plan to host a member Shred Day event, along with other member-focused events, with details to be announced soon. These efforts are another way to support our members and promote financial safety.
We will also be undertaking one of the most significant projects in our recent history: the replacement of our debit card provider. While this transition will be challenging, it will ultimately position TSF Community Credit Union for long-term success by providing a more modern platform and greatly improved cost efficiencies.
None of this progress would be possible without the dedication of our outstanding staff and the guidance of our Board of Directors. I am deeply grateful for their continued commitment to serving you.
Thank you for your confidence, your loyalty, and the opportunity to serve as your President & CEO. Together, we will continue building a future of shared success, strength, and prosperity.
Respectfully,
Lathe’ Hamilton Owens
President & CEO