NORTH EAST TEXAS CREDIT UNION Revenue, Growth & Competitor Profile

DBA NORTH EAST TEXAS CU

Company Profile & Annual Report for North East Texas Credit Union

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North East Texas Credit Union Fast Facts

Revenue	$10 - $100 million    See Exact Annual Revenue
Employees	10 - 100Exact Company Size
Primary Industry	52213 Credit Unions
Address	P.o. Box 1480 Lone Star, TX 75668 thenetcu.com

Note: Revenues for privately held companies are statistical evaluations.




North East Texas Credit Union's Annual Report & Profile shows critical firmographic facts:

• What is the company's size? (Annual sales and employees)
• What industry is the company in?

North East Texas Credit Union Annual Revenue and Growth Rate

North East Texas Credit Union	Revenue Est. ($ Million)	Growth Rate (%)	# Employees
2023	Details in Premium Report
2022
2021
2020
2019

1-Year Growth Rate: 3-Year Growth Rate (CAGR):

Note: North East Texas Credit Union's revenues are gauged from an analysis of company filings.

North East Texas Credit Union's Income Statement (based on Industry Averages)

	$ Millions (Industry Average)
North East Texas Credit Union Revenue (Sales)
Cost of Goods Sold
Gross Profit
Operating Expenses
Advertising
Salaries and wages
Other Operating Expenses
Total Operating Expenses
Operating Income
EBITDA
EBIT (Earnings Before Interest and Taxes)
Net Profit

Recession Risk

Determine whether North East Texas Credit Union grew or shrank during the last recession. This is useful in estimating the financial strength and credit risk of the company. Compare how recession-proof North East Texas Credit Union is relative to the industry overall. While a new recession may strike a particular industry, measuring the industry and company's robustness during the last recession estimates its ability to weather future recessions.

Market Share of North East Texas Credit Union's Largest Competitors

A competitive analysis shows these companies are in the same general field as North East Texas Credit Union, even though they may not compete head-to-head. These are the largest companies by revenue. However, they may not have the largest market share in this industry if they have diversified into other business lines. The "Competition" section of a business plan or investment memorandum would start by analyzing the information about these companies. Competitive advantage comes from offering better pricing or superior products/service.

Company	Headquarters	Revenue ($ MM)
SIERRA PACIFIC POWER	Reno, NV	100
NAVY FEDERAL CREDIT UNION	Vienna, VA	70
MICHIGAN CREDIT UNION LEAGUE	Plymouth, MI	25
STATE EMPLOYEES CREDIT UNION	Raleigh, NC	23
PENTAGON FEDERAL CREDIT UNION	Tysons, VA	9
MOUNTAIN AMERICA CREDIT UNION	Sandy, UT	9
KINECTA FEDERAL CREDIT UNION	Manhattan Beach, CA	9
BOEING EMPLOYEES CREDIT UNION	Tukwila, WA	9
SCHOOLSFIRST FEDERAL CREDIT UNION	Santa Ana, CA	8

Nearby Competitors

These companies are similar in business line and location to North East Texas Credit Union. While some companies compete with neighboring businesses for customers, other companies may compete to attract skilled employees.

Company	Headquarters	Revenue ($ MM)
VERABANK	Henderson, TX	100
TEXAS BANK & TRUST	Longview, TX	96
VERABANK NATIONAL ASSOCIATION	Henderson, TX	85
TEXAS BANK	Henderson, TX	39
FIRST NATIONAL BANK OF EAST TEXAS	Gilmer, TX	29
EAST TEXAS FINANCIAL	Kilgore, TX	23

Future Competition: North East Texas Credit Union's Fastest Growing Competitors

These companies are in the same general field as North East Texas Credit Union and are rapidly expanding. Companies may grow organically or through acquisition. In some cases apparently high growth rates may be caused by data that weren't available in previous years.

Company	Revenue ($ MM)