A Message from the President and CEO

In light of the recent bank failures that may have raised some questions and concerns regarding your accounts, I want you to know that Texell Credit Union remains well-capitalized and well-positioned to continue serving our members and communities. We were chartered 75 years ago and will continue to serve Texas for generations. Being a credit union owned by you, our members, allows us to manage the credit union for long-term prosperity and stability, not short-term stockholder benefits. After all, we live in this community too, and your success is our success.

Texell’s financial strength is demonstrated by receiving a 5-Star Superior Bauer Financial rating and our recommended status for 127 consecutive quarters – over 31 years! This recommendation is a reflection of our commitment to protecting your money.

Texell’s capital position is strong. The Credit Union’s capital continues to grow, and we have always been considered well-capitalized. Our financials are always available on our website and are posted at each branch office.

Thank you for your membership and your continued trust in Texell.

Sincerely,

Tony Hale
President and CEO

If you wish to comment on this letter or contact the President, please fill out this form. For other comments on our blog articles or for suggestions on a topic we should cover, email us at editor@texell.org.