City CU (TX)

Overview / Commentary
7474 Ferguson Rd
Dallas, TX 75228-6543

From the Bank

City CU started in 1942 with only $50 in deposits, the minimum amount required to obtain a credit union charter from the State of Texas. City CU’s first official meeting was on August 24, 1942, in the Central Council Chamber of the old City Hall. It was decided that the Board of Directors would consist of nine members, with a three-person Supervisory Committee. Operations began in a small cubby hole in the Police Detail room in the basement of the old City Hall. The credit union soon outgrew the space and moved to the fourth floor of the old City Hall. The first financial statement was completed on August 31, 1942. Loans outstanding totaled $100; total cash was $1,712 and assets totaled $1,812.


Now, 80 years later, we serve communities across the Dallas-Fort Worth-Arlington metropolitan area. Led by President and CEO Sharon Moore, City CU has grown to more than $600 million in assets, with 36,000 members and 100 employees.

City CU continues to provide low-cost financial products, great rates on consumer loans and free financial education and counseling to anyone. At City CU, we’re making the difference, one member at a time.

Field of Membership Restrictions

City CU offers membership to individuals who live, work, worship, or attend school in the Texas counties of Collin, Cooke, Dallas, Denton, Ellis, Grayson, Hunt, Johnson, Kaufman, Parker, Rockwall, Tarrant, or Wise. Employees and members of more than 180 Select Employer Groups also qualify for membership.
See current membership details

Related Posts

City Credit Union (TX) 1 Yr CD Dropped From 6% To 5% - 12/11/2023

City CU (TX) dropped their 1 year CD from 6% APY to 5% APY on Friday

City Credit Union 12-Month CD Is New Rate Leader - 8/29/2023

City Credit Union (Dallas-Ft. Worth area) has added 100 bps to its 12-month CD APY, making it the new 1-year CD rate leader. $1k minimum deposit, with no stated balance cap.

City CU TX 12 Month 6% CD - 8/28/2023

Noticed on their website that they just published a 12 month CD paying 6% APY. Limited field of membership to 13 North Texas Counties including the Dallas-Ft Worth area. Looks like it has a 90 day EWP.

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Reviews (6)

Close To Home, Open Saturdays Til 1

Posted by: |

Went to local branch yesterday and put a little money to work in a 5 year cd. Lots of activity in the drive through. Seems like they a good local presence.

A little dated in their capabilities: no electronic transfers, which was ok with me because they're 15 minutes away.

Do Not Trust These People

Posted by: |

The other negative reviews here are all true. I have experienced the same problems, and more.

This is NOT a trustworthy bank. They seem to always be looking for a reason to gouge the customer or find a "gotcha".

I could write paragraphs about all the stunts they've pulled, but it would be TLDR, and neither you nor I have the time.

BOTTOM LINE: I have two other banks, no problems. What does that tell you?

Not Trustworthy

One minute this credit union tells you that you can open an account with them via email, then when you take the time to travel to the branch they then tell you that you are not eligible to open an account with them.

If I could give zero stars I would. Do yourself a huge favor and stay far far away from this credit union.

Also while in the branch, another customer came in to report fraud on their account so I don't know how secure their systems and apps really are.


DO NOT BANK WITH THIS CU!!!!!!! They are one of a very FEW INSTITUTUIONS in the USA which charge an early withdrawal penalty on your RMD's which are required by IRS be withdrawn annually. Also, by virtue of closing an account in the middle of the month, they withheld the entire amount of ACCRUED INTEREST which amounted to well over $400.00 in my case. BETTER READ THE FINE PRINT IN THE DISCLOSURE BEFORE DEPOSITING ANY MONEY!!!!! They will screw you if given a chance.


Awful Service!!!

I have not gotten any previous letters, phone calls, notifications on my online account or anything before getting a letter that they’re going to close my account. I tried to call to get things straightened out and they asked for a card number. I never received a card, I have a car loan through the bank. I will never go through this bank for a loan ever again. I would not recommend anyone to go through them. They also make it a living hell to make loan payments online.


I’ve had this bank for 8 years... they continue and continue to over draft my account even if there is enough money to cover all my transactions... they post a “funds held” charge of $30 then overdraft any of my future transactions.. their lucky number is 3 they always seem to overdraft me 3 charges... so they charged me $90 in over draft fees and my account is $93 negative..... how am I negative only $93 if I overdrafted 3 times... they over draft you before you are negative cause that money to come out of your account. Their math doesn’t make sense and they can’t seem to explain to me how it happened. Stay away far far away. I wrote a review on their fb page and they totally disabled the review section... I wonder why


Health Grade Components

NCUA #67669
Year Chartered1942
Primary Regulator
Profit Margin
Return on Assets - YTD0.54%
Return on Equity - YTD5.24%
Annual Interest Income$26.9MM
Assets and Liabilities
AssetsQ4 2023vs Q4 2022$676.7MM$621.2MM
LoansQ4 2023vs Q4 2022$388MM$386MM
DepositsQ4 2023vs Q4 2022$598.3MM$541.5MM
Equity CapitalQ4 2023vs Q4 2022$67.4MM$64.8MM
Loan Loss AllowanceQ4 2023vs Q4 2022$6.7MM$5.3MM
Unbacked Noncurrent LoansQ4 2023vs Q4 2022$6.6MM$3.8MM
Real Estate OwnedQ4 2023vs Q4 2022$0$0
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Always verify rates and promotions with the bank or credit union. We are not City CU (TX); we are a rate comparison website and cannot provide official rates or promotions.

* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.

City CU (TX) Savings Account Rates

0.50%$250-IRA Savings
0.50%$250-Roth IRA Savings
0.25%$100-Holiday Helper Account
0.20%$100-Share Savings
0.20%$500-Business Savings
0.20%$100-Association Savings

City CU (TX) Money Market Rates

1.95%*$100k*-Money Market Account
OTHER TIERS: 1.65% $2.5k - $25k | 1.75% $25k - $50k | 1.85% $50k - $100k
1.95%*$100k*-Business Money Market
OTHER TIERS: 1.65% $2.5k - $25k | 1.75% $25k - $50k | 1.85% $50k - $100k

City CU (TX) Checking Account Rates

0.10%$2.5k-Regular Checking
0.10%$2.5k-Business Interest Checking

City CU (TX) CD Rates

5.00%$1k-12 Month CD
5.00%$1k-Business 12 Month CD
4.50%$1k-6 Month CD
4.00%$1k-24 Month CD
4.00%$1k-Business 24 Month CD
3.75%$1k-36 Month CD
3.75%$1k-Business 36 Month CD
3.55%$1k-48 Month CD
3.55%$1k-Business 48 Month CD
3.50%$1k-60 Month CD
3.50%$1k-Business 60 Month CD

City CU (TX) IRA Rates

5.00%$1k-12 Month IRA
4.00%$1k-24 Month IRA
3.75%$1k-36 Month IRA
3.55%$1k-48 Month IRA
3.50%$1k-60 Month IRA

City CU (TX) Locations
Branch Office1625 N Highway 77Waxahachie, TX 75165
Branch Office406 N Grand Ave Suite 101Gainesville, TX 76240
Branch Office506 E Highway 67Duncanville, TX 75137
Branch Office7474 Ferguson RdDallas, TX 75228
Branch Office401 W Wilson AveSherman, TX 75090

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