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Overview / Commentary
17 S 1st St
Temple, TX 76501-7603

Texell Credit Union is headquartered in Temple and is the 68th largest credit union in the state of Texas. It is also the 833rd largest credit union in the nation. It was established in 1948 and as of March of 2014, it had grown to 80 employees and 31,905 members. Texell Credit Union has a A+ health rating.

Field of Membership Restrictions

Membership open to all the following areas and individuals: * All of Bell County, Texas * Williamson County, Texas within a 10-mile radius of 1011 S. IH 35, Georgetown or 651 N. Hwy 183, Leander * Immediate family of current members - See Details

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Reviews (5)

Very Satisfied With Texell

I have been very happy with Texell from the first day I joined the credit union.  The friendly employees make banking at Texell a very pleasant experience, they are always happy to help.  Texell also offers the lowest loan rates and highest deposit rates around.  

Texell Credit Union Fraudulent Car Warranty

Beware vehicle warranty!

Don't get ripped off by the extended vehicle warranty that Texell credit union "automatically" tags on to your vehicle loan under the misguided logic that your interest rate will go up if you don't take it. It is a total rip off. It does not begin to cover you until 30 days or 1000 miles AFTER you sign the papers! And lest I forget, they don't bother to get the paperwork back to you until you are well into this time period. DO NOT opt for this worthless warranty! The very inexperienced and script reciting loan reps must be working on a bonus system for how many of these bogus warranties they tack onto people's loan applications. Be aware! Be very aware!

Stay Away, There Are A Lot Of Credit Unions That They Actually Care About Keeping Their Members Business

Not a great credit union. It's all about how much they can collect fees. Every bank gives you a first time waiver. But not them. And every credit union offer you a skip a pay around the holidays, but not texell they actually charge you a fee for skip a pay. It's pathetic .


DO NOT USE THEM!!! Earlier this year we opened a savings account, got their credit card and a truck loan. It has been a mess since day one. They added fees to the loan and it took a few calls and email to straighten it out. Since then, they have taken credit card payments and deposited them into my savings, then charged me late fees for not paying the credit card bill!! Yes, they are friendly but very few know what the heck they're doing! DO NOT USE THEM!!!!!

Honest And Simple Credit Union

Texell's good people.  They have competitive rates, especially compared to Bell County.  They aren't quite the best in Williamson county, but the difference is minimal and the employees know the customers a lot better.

The previous reviewer is right: the car warranties do not cover existing conditions on the car (so you can't buy a broken car and a warranty and get a windfall).  I think that's fair, and I think the 30 day waiting period for claims is reasonable, but people might disagree on that.  The warranties are actually not very expensive compared to the warranties auto dealers offer.  Austintacious autos offered a warranty that was essentially identical to the American Mercury warranty Texell offered for the same car, but it was more than double the price.  American Mercury has good reviews online, but you do need to do your homework and read the warranty before you agree to buy it, which can be difficult these days as a lot of us negotiate our auto loan over the phone while shopping for cars.  

Anyway, Texell's got good people, but they are given bonuses for selling products like warranties and getting a lot of loans.  I think that's pretty typical for loan officers, but Texell was willing to explain to me exactly how it works, which seems really honest to me.

Cheapskate that I am, I took all my business to UFCU, an Austin favorite credit union, because their rates are better than Texells across the board.  Unfortunately, UFCU's service was inferior to Texell's where I always know the people I'm dealing with, such as Deb, Samantha, Dustin, and Joy at the HEB in Leander.  Every time I have a problem with UFCU, they tell me to go home and fix it with their website (even if the problem IS the website).  Every time I had an issue with my Texell account, they made sure the problem was fixed before I left the branch.  Texell is the little guy, so they can't afford to treat their members like they are disposable.  I regret making that change and will probably come back when my auto loan is paid down to the point I can refinance.


Data for Q1 2014

Institution Health


Texas Ratio


The Texas Ratio is an indicator of how much capital a bank has available compared to the total value of loans considered at risk. As of March 31, 2014 Texell Credit Union had $691,000 in non-current loans and owned real-estate with $27.78 million in equity and loan loss allowances on hand to cover it. This gives Texell Credit Union a Texas Ratio of 2.49% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk.

Texas Ratio Trend


The Texas Ratio for Texell Credit Union experienced no significant changes from 2.52% as of March 31, 2013 to 2.49% as of March 31, 2014, resulting in a positive change of 1.25%.This indicates that the balance sheet and financial strength for Texell Credit Union has had no significant changes in recent periods.

Deposit Growth


In the past year, Texell Credit Union has increased its total deposits by $8.82 million, resulting in 4.5% growth for the year. A strong track record of growth is an indicator of consumer confidence and the bank's ability to strengthen its balance sheet. The growth Texell Credit Union has shown is excellent.



Both FDIC and NCUA consider capitalization levels of banks and credit unions to be of high importance. Higher capitalization allows for a greater buffer when cover loans that may fail in the future. Texell Credit Union has $235.77 million in assets with $27.78 million in equity, resulting in a capitalization level of 11.78%, which is excellent.

Institution Statistics

NCUA #68608
Year Chartered1948
Primary Regulator
Assets and Liabilities
Assets$235.77 million
Loans$177.95 million
Deposits$204.91 million
Equity Capital$25.65 million
Loan Loss Allowance$2.13 million
Unbacked Noncurrent Loans$691,000
Real Estate Owned$0
Historic Data - March 2013
Assets$221.33 million
Equity Capital$21.44 million
Loan Loss Allowance$2.14 million
Unbacked Noncurrent Loans$691,000
Real Estate Owned$0
Profit Margin - Quarterly
Net Interest Margin1.23%
Return on Assets2.08%
Return on Equity19.15%
Interest Income$2.48 million

Always verify rates and promotions with the bank or credit union. We are not Texell Credit Union, we are a rate comparison website and can not provide official rates or promotions.

Texell Credit Union Savings Account Rates

0.20%$100-Savings Account
0.20%$100-IRA Savings
0.20%--Roth IRA
0.20%--Dollar Squad

Texell Credit Union Money Market Rates

0.30%$25k-Money Market

Texell Credit Union Checking Account Rates

0.25%$50k-Choice Advantage Checking
0.05%--Choice Plus Checking

Texell Credit Union CD Rates

2.10%$1k-60 Month New CD
1.50%$1k-48 Month New CD
1.20%$1k-36 Month New CD
1.05%$1k-24 Month New CD
0.72%$1k-12 Month New CD
0.45%$1k-6 Month New CD

Texell Credit Union IRA Rates

2.10%$1k-60 Month New IRA
1.50%$1k-48 Month New IRA
1.20%$1k-36 Month New IRA
1.05%$1k-24 Month New IRA
0.72%$1k-12 Month New IRA
0.45%$1k-6 Month New IRA

Texell Credit Union Locations
Branch Office1101 S Interstate 35Georgetown, TX 78626
Branch Office2208 Sunny LnKilleen, TX 76541
Branch Office3314 S 31st StTemple, TX 76502-2721
Branch Office17 S 1st StTemple, TX 76501-7603
Branch Office651 N Highway 183Leander, TX 78641
Branch Office416 Lake RdBelton, TX 76513