April 15, 2011, Alexandria, Va. -- The National Credit Union Administration (NCUA) today placed Texans Credit Union of Richardson, Texas, into conservatorship. Texans Credit Union remains open and operating. While continuing normal member services, NCUA will work to resolve issues affecting the Texans Credit Union’s safety and soundness. Deposits at Texans Credit Union also remain protected. Administered by NCUA, the National Credit Union Share Insurance Fund (NCUSIF) continues to insure individual accounts at Texans Credit Union up to $250,000. The NCUSIF, like the FDIC’s Deposit Insurance Fund, has the backing of the full faith and credit of the U.S. Government.
Field of Membership Restrictions
Membership in Texans Credit Union is open to those who live, work, or attend school in the Texas counties of Collin, Cooke, Dallas, Denton, Ellis, Fannin, Fort Bend, Grayson, Harris, Hunt, Kaufman, Rockwall, Tarrant, Travis, or Williamson. Employees who work for a Texans Preferred Business also qualify for membership. Immediate family of a current Texans Credit Union member or of an individual who is eligible for membership also qualify for membership.
See current membership details
Texans Credit Union Is The Best
They have always been great people but it's nice to see the improvement in the service over the past year, probably added staff because they pick up the phone immediately and there are no lines and such. It's really fast and easy to get a loan from them. Will always be my preferred bank.
Worst Experience Ever From Car Loan Pay Off Perspective
Horrible!! They received/cashed the check for pay off on the 10/06 today is 10/15 still i will have to wait till 10/17 since they have 10 days period to make sure that there is no hold/stopping the check. Interestingly they closed my loan account on 10/06. Money was withdrawn from the dealership's account that bought the car on 10/07.
On 10/17 they will request Texas Title for title. And it will take another 2 weeks or so for them to send it to Texan and then Texan CU will send the title to the dealership via mail which may take another 2 weeks.
In short if you have car loan with Texan and planning to sell the car it will take more than a month for you to have a check if you have any equity.
Data as of Q4 2024
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 60806 |
| Year Chartered | 1953 |
| Employees | 266 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.94% |
| Return on Equity - YTD | 10.21% |
| Annual Interest Income | $105.8MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q4 2024vs Q4 2023 | $2.24B$2.2B |
| Loans | Q4 2024vs Q4 2023 | $1.56B$1.42B |
| Deposits | Q4 2024vs Q4 2023 | $2.01B$1.99B |
| Equity Capital | Q4 2024vs Q4 2023 | $205MM$170.9MM |
| Loan Loss Allowance | Q4 2024vs Q4 2023 | $7.6MM$6.4MM |
| Unbacked Noncurrent Loans | Q4 2024vs Q4 2023 | $6.9MM$3MM |
| Real Estate Owned | Q4 2024vs Q4 2023 | $0$0 |
