NCE Credit Union Mission Statement

 

Board of Directors: Nueces County Employees Credit Union

Juan Escobar – Chairman – Term 2026-2028

Thelma Lopez – Co-Chairman – Term 2025-2027

Brenda K. Nunez – Secretary – Term 2026-2028

Judge Thelma Rodriguez – Board of Directors – Term 2026-2028

Kerry Ginn – Board of Directors – Term 2025-2027

Supervisory Committee:

The responsibility of the supervisory committee is to ensure that proper.
Controls are effectively maintained to adequately protect the Credit Union,
its members, management, and employees. Independent CPA’s and companies are
employed to audit areas of risk in the operations of the Credit Union. These
audits allow Credit Union activities to be monitored to ensure assets are
properly safeguarded.

GF Valdez, P.C., was retained to perform an annual audit and examination
of critical Credit Union policies and procedures. The accuracy and
reliability of the financial statements are also reviewed. Last audit performed
On February 1, 2026, an audit was performed for the period of December 31, 2025.

The reviews performed concluded that NCE Credit Union is safe, sound, financially strong, and maintains its credentials as a sound credit union management. If you have any questions or would like to see the results of the audit, please come by the Credit Union during business hours.

 

G.F. Valdez, P.C., performed the verification of member accounts for the period ending December 31, 2025.

Nueces County Employees Credit Union

901 Leopard St. Suite 114
Corpus Christi, Texas 78401
(361) 882-4780

Annual Meeting Minutes
March 10, 2026

Board Members present:

Juan Escobar-Chairman
Thelma Lopez-Co Chairman
Brenda K. Nunez-Secretary
Kerry Ginn-Board Member
Yome Delgado-CEO

Board Member not present:

Thelma Rodriguez

NCE Credit Union’s 60th Annual Meeting was called to order by Board Chairman Juan Escobar at 6: 15 p.m. Chairman Juan Escobar ascertained a quorum of more than 15 members. A motion to accept the Annual Meeting to order was made by Yolanda Rodriguez, 1st and 2nd by Lorraine Villanueva. The vote was called, all in favor. The motion was called.

Opening prayer was given by the Board of Directors, Kerry Ginn.

The Pledge of Allegiance was recited by Board of Directors Kerry Ginn.

Board Chairman Juan Escobar welcomed and thanked the NCE members in attendance. He expressed that NCE Credit Union’s success depends on the participation of our member-owners, and we appreciate each of you for your involvement here this evening. He emphasized to the membership, “Your participation reflects the cooperative principle that sets us apart, one member, one vote, and a shared commitment to people over profits.”

Chairman’s Report:

Chairman Juan Escobar expressed that he has been honored to serve the member-owners of NCE Credit Union and explained the following:

As you review our Annual Report, NCE Credit Union performed reasonably well during the 2024-2025 fiscal year.

A couple of highlights include:

Asset Strength: This is one of the strongest indicators of member confidence.  Our assets now total $5,785,576, reflecting a 3.15% increase over last year.

Capital Position: We remain a well-capitalized institution, with a net worth ratio of 21%. For perspective, regulators consider a credit union well capitalized at 7% or higher, so this positions us strongly for long-term sustainability. Our goal is to continue to keep our small credit union well-positioned for continued growth and success.

Auto Lending:  As vehicle prices remained elevated, many members opted for pre-owned vehicles. This year, we originated $447,000 in used-auto loans, and we are pleased to see members generally managing these obligations responsibly.

Transparency and Economic Realities: In the spirit of transparency, we also recognize the economic pressures that affected both our members and our institution.  These included challenges such as job transitions, layoffs, and higher debt burdens. While these conditions affect our credit union, we support our members and protect the long-term health of the credit union.

I would like to commend my fellow board members for their commitment to strong governance and responsible supervision.  I have great confidence in the leadership of our CEO, Yome Delgado, the dedication of our board, staff, and the loyalty of our member-owners. He thanked the members again for attending the 60^th Annual Meeting. We look forward to a successful 2026 and the years to come.  We appreciate you, OUR MEMBERS.

President’s Report:

Chairman Escobar turned it over to Yome Delgado, CEO, to deliver the President’s Report.

Good evening!  My name is Yome Delgado, and I am honored to serve as CEO of NCE Credit Union.  I would like to welcome you to our 60^th Annual Meeting.

One of the most important things that makes credit unions different from other financial institutions is YOU.  Our members are also our owners, and we are accountable to you; your voice matters.  Staying informed, voting, and engaging with your credit union help shape the future.  Thank you for your presence here tonight.

While the pandemic may feel firmly behind us, its ripple effects continue to shape how people manage money, how institutions operate, and what our members expect from their financial institution.  Over the past several years, credit unions have been challenged to adapt quickly, innovate responsibly, and remain steady during periods of disruption.

Today, the environment looks different, but it is no less complex.  We continue to navigate higher interest rates, inflationary pressures, global conflicts, consumer expectations, and technological changes. Through it all, our focus remains unchanged: providing reliable, affordable, and member-focused financial services, while planning responsibly for the future.

Over the past year, we have worked to:

• Attract new members
• Streamline processes
• Expand financial education
• Support advocacy efforts that protect credit unions and their members
• Market monthly loan promotions
• Maintain strong cybersecurity protection

 

NCE Credit Union is doing its part to help you get through these challenges by offering competitive monthly loan promotions, matching loan rates, adapting to the shifts in the industry, and the global economy.  Our goal is simple: to offer products that help members build stability, flexibility, and confidence.

As a financial cooperative, we acknowledge actively engage in the wide network of service groups and organizations that support credit unions.  For example, Cornerstone League, our regional credit union association, allows us to benefit from advocacy, education, tools, and resources that support everything that we do.

Credit unions play a vital role in the Texas financial ecosystem.  As not-for-profit cooperatives, we return value directly to members through better rates.  Across the state, this translates into tens of millions of dollars in annual member benefits, reinforcing the value of the credit union difference.

The year ahead will bring both challenges and opportunities:  economic uncertainty, technological change, and evolving member expectations.  But I am confident in the strength of NCE Credit Union, our dedicated team, our volunteer leadership, and most importantly, our members.

We wish you and your families a healthy and successful 2026.

Yome Delgado, CEO, recognized the NCE Board of Directors for their leadership, dedication, and passion for this credit union.  The strength of their commitment is key to our long-term sustainability and prosperity.

Chairman Juan Escobar introduced the NCE Credit Union staff and commended them for a job well done:

Annual Audit Report:

Yome Delgado, CEO, was pleased to announce that NCE Credit Union is a well-capitalized financial institution with a strong net worth ratio of 21%. She continued to give an overview of the financial report.  A copy of the financial report was given to each member as they arrived.  She explained to the membership that a net worth position above 7% is considered a well-capitalized financial institution by our regulators.

Financial Report for 2025:

Total loans: $2,617,975
Investments: $2,100,000
Total assets: $5,785,576
Total Income: $ 415,361
Total expenses: $333,175
Cost of Funds: $54,486
Total Net Income: $27,700

A Supervisory Committee Audit was performed by GF Valdez, P.C., as of December 31, 2025, to verify the accuracy of NCE Credit Union’s records in accordance with requirements set forth in the Credit Union bylaws and Regulations.

Board of Directors/Secretary, Brenda Kay Nunez, read the minutes from the (Tuesday) March 11, 2025, annual meeting. The annual meeting minutes were available for review. BOD/Secretary asked if there was any new business; no questions were asked, and no comments were made.

Motion to accept the 2025 annual meeting minutes was made by member Esmeralda Fiero, 1^st and 2^nd by member Jo Ann Beltran. The vote was called, all in favor, motion carried.

Yome Delgado, CEO, recognized the outgoing Board of Directors: Chairman Juan Escobar, Secretary Brenda Nunez, and Thelma Rodriguez. A gift card in the amount of $25.00 was given to each outgoing Board of Directors.

Yome Delgado, CEO, recognized the nominating committee, which consisted of NCE Credit Union members: Patricia Gobble, Laverne Goode, and Yvonne Flores.

Yome Delgado, CEO, announced the nomination for the 3 vacancies available on the Board of Directors. She informed the NCE members that serving on the Board of Directors is on a volunteer basis and the Board of Directors meets every 3^rd Tuesday of the month at noon, although they also may meet after work or on Saturdays. The following people were nominated by the nominating committee:

1) Juan Escaobar
2) Brenda Nunez
3) Thelma Rodriguez

Yome Delgado- CEO opened floor nominations. With no nominations, a motion to seize the floor nominations was made by member Regina Cueva, 1^st and 2^nd by member Jesse Fuentes. A vote was called, all in favor, motion carried.

Chairman Juan Escobar announced the 3 new Board of Directors for 2026-2028 are: Juan Escobar, Brenda Nunez, and Thelma Rodriguez.

Chairman Juan Escobar asked the members if there were any questions. With no questions or comments, Chairman Juan Escobar began handing out door prizes to members whose names were drawn through a ticket system.

Chairman Juan Escobar gave recognition to all the Donors of door prizes for our annual meeting. They are as follows:

1) American Income Life Insurance
2) Angela Villanueva- NCE Loan Officer
3) Brenda Nunez- NCE Board Member
4) Calger Insurance
5) Celina Leon, Candidate for 94^th District Court Judge
6) Cindy & Raymond Villarreal- NCE members
7) Corpus Christi Ice Rays
8) Esmerald & Laurie Fierro- NCE members
9) First Class Barber Studio- Manuel Garcia (owner)
10) GF Valdez/ Charlotte Valdez-CPA/ Therapist
11) Jaime Martinez-Easter eggs (Cascarones)
12) Juan Escobar- NCE Chairman- BOD
13) Judge Joe Benavides- Justice of the Peace 1-1
14) Judge Henry Santana- Justice of the Peace 1-2
15) Judge Thelma Rodriguez- Justice of the Peace 2-2 NCE Board member
16) Kerry Ginn- NCE Board member
17) Leon Law
18) Attorney at Law Michelle Villarreal-Kuchta
19) NCE Credit Union
20) Route 66 Extended Warranty
21) Senaida Ybanez- NCE member
22) Shoreline Sandwich Co
23) Sugarbakers Bistro, Bakery & Coffee Bar
24) Texas Roadhouse Restaurant
25) Texas A&M Corpus Christi Islanders
26) The Bar-B-Q Man
27) Thelma Lopez-NCE Vice Chairman- BOD
28) Total 1 Services Corp

After all prizes were given, Chairman Juan Escobar thanked the NCE Credit Union members and guests who attended the 60^th annual meeting for allowing NCE Credit Union staff and the Board of Directors to continue to serve our members, who are greatly appreciated.

Motion to adjourn the annual meeting at 7:52 p.m. was made by Paula Perry, 1^st and 2^nd by Yvonne Flores, vote was called, all in favor, motion carried.

Juan Escobar, Chairman
Date: 03/24/2026

Brenda Kay Nunez, Secretary
Date: 03/24/2026

 

Click here for the 2025 Financial Report