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The Victoria Advocate on our new Victoria Branch

From The Victoria Advocate yesterday. We are excited to be able to better serve our members in Victoria:

Texas Dow Employee Credit Union broke ground Tuesday on a new bank at 1514 E. Rio Grande St.

The 4,900-square-foot branch will be a full-service site with tellers, a drive-through, ATM machine and lending services, said Luke Billeri, regional vice president of branch operations for TDECU's west market.

The site will bring 10 to 15 new jobs to the city, according to a TDECU news release.

There are a couple of reasons the credit union chose to expand in Victoria, Billeri said, explaining its positive response by the community tops the list.

TDECU receives about 300 new members a month from the region, he said. With that type of increase, the company had to grow to keep up its service levels.

It chose the site on Rio Grande Street to better serve South Victoria, he said.

The bank currently operates locations at the Victoria Mall and Mockingbird Lane and has a new site for mortgage, insurance and direct-lending services going in on North Navarro Street.

Construction on the new site is slated to begin Sept. 21, according to the release.

The project will cost about $2 million, Billeri said.

That location is slated to open during the first quarter of 2010.

The company is looking forward to the expansion, Billeri said.

"We're just really happy to be in Victoria," he said. "It's really a great community."

TDECU was founded in 1955. It operates 19 service locations and maintains more than 125,000 members, according to the release.

Categories: What's Happening

One Year Anniverary: Young & Free Texas

Today is the one year anniversary of the the launch of YoungFreeTexas.com! Our spokester DeAndre' Upshaw has been on the job for 283 days and has written 216 blogs! To celebrate today I thought I would highlight 5 of our favorite blog posts from our Spokester. Without further ado and in no particular order:

  1. DeAndre Demystifies Your Credit Score
  2. Should I Lease of Buy?
  3. Starting To Save
  4. The Time DeAndre' Had an Intervention With His Friend Justin
  5. Baking Cookies in The Frius!?!?

We are looking forward to what DeAndre' comes up with during the rest of his term as spokester, and know that year two of Young & Free Texas will blow year one out of the water! Let us know what some of your favorite Y&F Texas moments from the last year have been!

Categories: What's Happening

Straight Talk About Women and Investing: Steering Toward Retirement

TDECU Investments recently hosted one of their quarterly seminars. The event focused on the importance of women saving for their retirement, and received a good writeup in The Facts.

You can read the full article here.

Categories: What's Happening

Event: 3rd Annual Shred Day!

Saturday, May 9:
8:30 a.m. – 12:30 p.m.

Free up some storage space and help out our local food banks! Come to either our Victoria Mockingbird or Lake Jackson branches for our Third Annual Shred Day.

If you donate two cans of food to the local food bank, you can shred any confidential documents you don’t need any more.

Categories: What's Happening

Raising the rate on Checking Accounts

I saw some interesting data today on Bankrate.com.  Looking at 11 Houston-area financial institutions, the average interest rate paid on checking is, as of today, 0.219% plus average monthly fees of $9.

TDECU members rejoice!  Today we upped our interest rate on checking accounts to .75% APY and the kicker is there's no minimum balance to earn interest or monthly fees on the account.

Pretty good, eh?!

Categories: What's Happening

Interviews With TDECU #1



We were able to sit down with our VP of Student Lending and find out more about the College Survival Kit.

Categories: What's Happening

Cuero Branch Named Business of the Year

At the Cuero Chamber of Commerce banquet this past Tuesday our branch was named the business of the year. We have it on good authority that even a local bank board member, who will remain nameless, voted for us! We would like to congratulate everyone at the Cuero Branch for this receiving this honor.

Categories: What's Happening

Annual Meeting

annualmeetinglargebanner This Friday is our annual meeting! Make plans to come to the civic center in Lake Jackson. This is a great opportunity to meet with your fellow members, and the people who work hard everyday to meet your financial needs.

Categories: What's Happening

Young & Free - Big Bowl-Off-Ski

We are getting very excited about the Big-Bowl-Off-Ski! This is the first Young & Free event of the year and will be taking place at Bowl Texas in Lake Jackson. If you are a Go2 account holder you get to bowl for free! That's right from 9PM-12PM all the bowling you can do for free! If you are not a Go2 account holder and would like to bowl for free go get the account.

And if you still would like to bowl a $10 donation to Relay for Life at the door will get you all the bowling you could need.

Interested? Go here to sign up!

Can't wait to see everyone on the lanes.

Categories: What's Happening

My Welcome To TDECU

In early December I experienced something that I have never experienced before. I went somewhere where my name had preceded me. As I walked around the TDECU campus I was greeted with smiles and congratulations on my losing Y&F campaign. People talked to me like they knew me and then I would have to remember that I had just been part of a big online competition that was put on by my new employer. I had come down to Lake Jackson for my NEO training and was looking forward to learning about both credit unions in general and TDECU.

I do not come from a financial background and there was a lot for me to learn. Having just graduated from college I have lived the past four years of my life with many acronyms. In Huntsville I went to the HKC after class in the SHB and then probably would go to the LSC to kill time, but what were these FSR’s everyone was talking about. A whole new set of acronyms to learn and live by.

Mary Jo in HR had been clear to me the week before that class began promptly at 9 and not to be late, and so I made sure to be ten minutes early. It was here that I met the ladies that I would spend the next three days with. Lani led me, Lisa, and Mary Kay on a cruise to every port of call that would tell us about where we were.

Seeing the time they put into planning their training course as well as the space given to it I knew I was somewhere special. The first day I learned about the differences between banks and credit unions and also about our history. It is impressive that an organization that started 50 years ago in an office with 50 dollars has grown to deal with 1.5 billion in financial assets. Surely something worth bragging about and that all my friends have now heard about from me.

Lani led us around the campus and was sure to introduce us to everyone in each department. In case someone missed us we were assured that they could see our pictures on the content manager. It was great to see so many smiling faces busy working to ensure that our members received the best possible service, but how would I ever remember all of those names! I would like to take this opportunity to apologize if I don’t remember everyone’s names but I am committed to learning them all as I continue to work here.

And so we continued on our three day cruise and learned about all the services that we offer. I am not sure I remember them all, but my rule of thumb for now will be if I can think of it we probably have it. The best part of the training is that it really prepared me for dealing with the public at large. In the evenings while out to eat I had forgotten to take my name tag off and found myself answering questions that my waiter had about our services. I am not sure that I provided the most informed answers ever but she did know that there were people just down the street who would also be more than willing to help.

What surprised you the most when you joined TDECU? Share your thoughts in the comments.

Categories: What's Happening


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