Texas

REGULATING AGENCY: Texas Credit Union Department

Texas State Capitol

ACCREDITED: 1996

LEAGUE: Cornerstone League

PRIVATE SHARE INSURANCE: YES

STATS: (As of Q4 2021)

Total Number of Credit Unions: 430

  • TOTAL # SCUs: 175
  • TOTAL # FCUs: 255
  • SCU % OF TOTAL (SCUS #/STATE TOTAL #): 41%

Total Assets: $139,365,790,705

  • TOTAL $ SCU ASSETS: $56,151,471,735
  • TOTAL $ FCU ASSETS: $83,214,318,970
  • SCU % OF TOTAL ASSETS (SCUS $/STATE TOTAL $): 40%

Total Members: 9,817,170

  • TOTAL Members SCUs: 4,160,589
  • TOTAL Members FCUs: 5,656,581
  • SCU % OF TOTAL (SCUS/STATE TOAL): 42%

FUN FACT: Texas has had six separate flags flying over it, including Spain, France, and Mexico. Additionally, Texas was an independent nation between 1836 to 1845


RECENT NEWS

Unity One Credit Union Announces New CEO Scott Ward

February 1, 2022 — Today, Unity One Credit Union announced the promotion of Scott Ward to president and CEO of the credit union. Ward’s promotion was confirmed by the board of directors last week and follows the previous CEO’s retirement.

Ward has been with Unity One Credit Union for 34 years. In that time, he has held numerous positions including loan officer, branch manager, chief operations officer, and most recently, president. Ward has led the credit union through many changes during his tenure and is looking forward to utilizing that experience in his new position.

Ward, originally from Wisconsin, holds a degree in Economics from the University of Wisconsin. He began working for Unity One while the credit union’s headquarters were in St. Paul, Minnesota. Ward then transferred to Fort Worth as the credit union’s headquarters were relocated in the early 1990s.

READ MORE


STORY ARCHIVE:
Click here to take a look at the stories that have been collected over the years in Texas.

What’s new in your state?
Click here to submit your state-chartered credit union news stories to NASCUS today!