TDECU is headquartered in Lake Jackson and is the 4th largest credit union in the state of Texas. It is also the 74th largest credit union in the nation. It was established in 1954 and as of December of 2022, it had grown to 952 employees and 382,376 members at 37 locations. TDECU's CD rates are 5X the national average, and it has a B+ health rating.
Field of Membership Restrictions
Membership in TDECU is open to individuals who live, work, worship, or attend school in the Texas counties of Bastrop, Bexar, Blanco, Brazoria, Caldwell, Calhoun, Collin, Comal, Dallas, Denton, DeWitt, Fayette, Fort Bend, Galveston, Goliad, Gonzales, Guadalupe, Harris, Hays, Jackson, Kendall, Lavaca, Lee, Matagorda, Montgomery, Refugio, Tarrant, Travis, Victoria, or Williamson. Employees, retirees, and members of more than 120 companies (including BASF, Dow Chemical, Chevron-Texaco) and organizations also qualify for membership.
See current membership details
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Breath of fresh air credit union
I had been a patron of a commercial bank in the northeast for well over 20 years. They were great at first, with very customer-friendly hours. Over time, and after a merger, the fees started going up and up and up, while customer service went down and down.
After a recent move, I had to choose a new bank. I chose Texas Dow Employees Credit Union, as family members belonged. I was very pleasantly surprised by the service and products. I would never go back to commercial banks. This credit union is like a family and I am very pleased with it.
Great Bank, Horrible Cards
I would give this Bank a 5* if not for their debit/credit cards. The chip cards they issue are the absolute worst. 90% of the time the chip doesn't even work and depending on where you go, this may cause you to not even be able to make a purchase. Then if you can swipe after a few failed attempts with the chip, there's a chance the bank will block your card. Customer service is good but shouldn't have to deal with them for an issue like this to begin with. UPDATE YOUR DEBIT/CREDIT CARDS. They don't even offer the tap cards. Banking here is like banking a decade behind everyone else. Other than that, they're not a bad bank, just issue really bad cards.
Former Client
Not a user friendly bank at all and too difficult to set up online banking. They alienate you in their so called effort to protect you. By far the most difficult bank I've ever used. Setting up my business account, accessing the funds has been way too stressful. But they are friendly!
Five Negative Star Review
Do not do business with this completely unprofessional, dishonest, thieving company. Even with a court order, they have refused to return my deceased family member's very small account.
Data as of Q4 2022
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 60705 |
| Year Chartered | 1954 |
| Employees | 952 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.75% |
| Return on Equity - YTD | 8.02% |
| Annual Interest Income | $219.5MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q4 2022vs Q4 2021 | $4.70B$4.54B |
| Loans | Q4 2022vs Q4 2021 | $4.34B$3.77B |
| Deposits | Q4 2022vs Q4 2021 | $3.91B$3.87B |
| Equity Capital | Q4 2022vs Q4 2021 | $440.4MM$406.4MM |
| Loan Loss Allowance | Q4 2022vs Q4 2021 | $43.6MM$39.7MM |
| Unbacked Noncurrent Loans | Q4 2022vs Q4 2021 | $57.2MM$45.2MM |
| Real Estate Owned | Q4 2022vs Q4 2021 | $0$1.1MM |
