Cooperative Teachers Credit Union is headquartered in Tyler and is the 145th largest credit union in the state of Texas. It is also the 1,813th largest credit union in the nation. It was established in 1953 and as of March of 2025, it had grown to 17 employees and 4,956 members at 2 locations. Cooperative Teachers Credit Union's CD rates are 4X the national average, and it has a B health rating.
Field of Membership Restrictions
Cooperative Teachers Credit Union is open to anyone who lives, works, worships, or goes to school in Smith County, Texas. School employees in Hopkins, Kaufman, Rains, Smith, Wood, or Van Zandt Counties and employee groups located within 10 miles of the credit union also qualify for membership. Individuals who receive Teachers Retirement from working in a service area, retired teachers/certified school personnel living in the service area, or employees and members of any business or organization within the credit union's field of membership can also join.
See current membership details
Move On To The Next CU
They aren't going to accept any new CTCU foundation members for the foreseeable future. So only people that qualify by living near the CU or related to a member may join. : (
Waste Of Time
Called CS, stated I was not a resident of TX, and got advice from CSR on how to fill out online application (it doesn't have option to donate to CTCU foundation for membership). Called CS 15 minutes later for advice on how to complete application (no 3 month CD option appears) and was told by CSR that CTCU is not offering membership/accounts to out of state people.
Data as of Q1 2025
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 67576 |
| Year Chartered | 1953 |
| Employees | 17 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.07% |
| Return on Equity - YTD | 1.33% |
| Annual Interest Income | $1.4MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q1 2025vs Q1 2024 | $102.1MM$121.3MM |
| Loans | Q1 2025vs Q1 2024 | $73MM$81.6MM |
| Deposits | Q1 2025vs Q1 2024 | $90.3MM$98.9MM |
| Equity Capital | Q1 2025vs Q1 2024 | $5.4MM$6.8MM |
| Loan Loss Allowance | Q1 2025vs Q1 2024 | $1.2MM$861K |
| Unbacked Noncurrent Loans | Q1 2025vs Q1 2024 | $733K$1.6MM |
| Real Estate Owned | Q1 2025vs Q1 2024 | $0$0 |