Texell Credit Union is headquartered in Temple and is the 54th largest credit union in the state of Texas. It is also the 631st largest credit union in the nation. It was established in 1948 and as of December of 2022, it had grown to 181 employees and 48,022 members at 8 locations. Texell Credit Union's money market rates are 6X the national average, and it has an A health rating.
Field of Membership Restrictions
Texell Credit Union is open to those who live, work, worship, or attend school in the Texas counties of Bell, Bosque, Burnet, Coryell, Falls, Hill, Lampasas, Limestone, McLennan, Milam, Travis, or Williamson County. Eligibility also extends to immediate family of current Texell Credit Union members. Texas residents who would like to join or are already existing members of the Texas Consumer Council are also eligible for membership.
See current membership details
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Exceptional Customer Service
Thank you Julianne Vega, Leah Maxwell, Ashley Brewington , and Sofia Scrivens for everything .
Wonderful Experience
The process of purchasing a vehicle can be stressful. However, Texell made the loan process very painless and even with the process of waiting for my vehicle my loan officer was very understanding and assured me through the whole process. Thank you for your knowledge, professionalism, and understanding!
A Great Texas Credit Union--Texell
Texell Credit Union, located in Killeen and Temple, Texas, greatly exceeds the standard for customer service in credit unions. I had a prior bankruptcy due to catastrophic medical bills when I first joined this credit union. This would have barred me from many banks/credit unions, but Texell approved my membership the same day I applied. The branch manager discussed with me ways they could help rebuild my credit through secured and personal loans, and also helped me apply for a re-fi on my mortgage which will save me a considerable amount of money.
I had another stint in the hospital while I was in the process of applying for this loan, and the loan officers were incredibly patient with me when I didn't have my documents on hand and was slow about calling them back.
The only thing I'd change about Texell is the online banking system. It locks me out at random intervals, and I have to call the nice people at customer support and change my password.
Overall, I give Texell top marks among Texas credit unions.
Data as of Q4 2022
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 68608 |
| Year Chartered | 1948 |
| Employees | 181 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 1.25% |
| Return on Equity - YTD | 12.32% |
| Annual Interest Income | $24.1MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q4 2022vs Q4 2021 | $628.7MM$562.6MM |
| Loans | Q4 2022vs Q4 2021 | $545.0MM$433.1MM |
| Deposits | Q4 2022vs Q4 2021 | $537.1MM$495.2MM |
| Equity Capital | Q4 2022vs Q4 2021 | $63.2MM$55.4MM |
| Loan Loss Allowance | Q4 2022vs Q4 2021 | $6.7MM$4.9MM |
| Unbacked Noncurrent Loans | Q4 2022vs Q4 2021 | $4.5MM$2.5MM |
| Real Estate Owned | Q4 2022vs Q4 2021 | $0$0 |