TDECU is headquartered in Lake Jackson and is the 4th largest credit union in the state of Texas. It is also the 72nd largest credit union in the nation. It was established in 1954 and as of March of 2022, it had grown to 913 employees and 372,193 members at 35 locations. TDECU's CD rates are 2X the national average, and it has an A 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
TDECU is on the campus of my alma matter, the University of Houston. They engage very well with students and young adults in general. I have always had an easy and efficient experience with deposits here. The only con is that this location does not have a drive though. Despite having to go inside, I am greeted each time and deposit slips are pre-filled ! My deposit experience has always been great, fast and easy.
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!
Horrible Customer Service
Don't waste your time unless you want a lot of aggravation from a listless and lazy staff. I am through with them forever.
Data as of Q1 2022
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 60705 |
| Year Chartered | 1954 |
| Employees | 913 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.65% |
| Return on Equity - YTD | 7.25% |
| Annual Interest Income | $49.8MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q1 2022vs Q1 2021 | $4.74B$4.36B |
| Loans | Q1 2022vs Q1 2021 | $3.81B$3.66B |
| Deposits | Q1 2022vs Q1 2021 | $4.06B$3.72B |
| Equity Capital | Q1 2022vs Q1 2021 | $413.0MM$360.4MM |
| Loan Loss Allowance | Q1 2022vs Q1 2021 | $39.9MM$46.4MM |
| Unbacked Noncurrent Loans | Q1 2022vs Q1 2021 | $35.4MM$47.9MM |
| Real Estate Owned | Q1 2022vs Q1 2021 | $0$795.00K |
