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History
Created by Dow employees who chipped in to offer a $350 loan to a fellow employee, TDECU opened its doors in 1955. Beginning with volunteer workers we served our member-owners from a rented corner in the Franklin Insurance Agency Building. Over the past five decades we remain committed to the "People Helping People" philosophy in our expanding communities. | 1955 | Our first full year of business, TDECU grows to 698 members and $34,163 in assets. | | 1965 | 4,000 member-owners build TDECU's assets to nearly $3 million. | | 1975 | Direct deposit options and checking accounts offered with no minimum balance. $10 million in assets reached. | | 1985 | Member-owners enjoy 24-hour telephone account access. $200 million in assets reached. | | 1995 | Business hours increase by 40%. | | 2005 | Merged with Texas Crossroads Federal Credit Union. | | 2008 | Recognized for being the last financial institution to leave and the first to return following Hurricane Ike. |
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