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.
President and CEO
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