Merger FAQs for Smart Financial

Why is TDECU merging with Smart Financial Credit Union?

This merger allows us to bring together the best parts of two of Houston’s most trusted credit unions and help our Members grow. Through efficient operations and up-to-date practices, our experienced management and operations teams share a commitment to delivering superior member experience.

Why did Smart Financial choose TDECU?

Smart Financial Credit Union was looking for a partner with shared values and a mission that would continue to serve and grow with their members. They chose us to be that partner. This merger will unite two strong credit unions on an aligned path to better serve all our Members. Together, we are committed to bringing prosperity to Members and the communities we serve.

Who is Smart Financial Credit Union?

Like TDECU, Smart Financial Credit Union is a strong financial institution with branches across the greater Houston region. Established in 1934 as the Houston Public School Teachers Credit Union, Smart Financial Credit Union has more than $800 million in assets, 14 branches and serves over 60,000 members in the communities we know and serve. They also share a deep commitment to investing in our communities through the Smart Financial Foundation.

How will the merger affect TDECU Member accounts?

There will be no immediate change to Member accounts. Members can continue to enjoy all the relationships, products, and services that they rely on. For example, your credit cards and debit cards will continue to operate as usual. In the coming months, Members will learn more about the planned integration and impacts to their accounts, if any.

Does the merger require a TDECU Member vote?

In short, no. TDECU is a credit union that considers our Members in everything we do. Our Members elect our Board of Directors and our Board is committed to making decisions that are in the best interest of the credit union and its Members. When two credit unions merge, only the members of the joining credit union get to vote because they’re deciding whether or not they want to become part of our credit union. Specific to the merger with Smart Financial Credit Union, no vote is needed because we’re staying as the surviving credit union and day-to-day operations, leadership, policies and your Membership benefits will continue.

What if I also have an account with Smart Financial Credit Union?

No changes will occur at this time. We will keep you informed through every step of this transition. You can expect to receive regular updates from both organizations to make the transition as smooth as possible. Please continue to enjoy your experience with both organizations.

Who will lead the combined organization?

Upon regulatory approval, TDECU President and CEO Isaac Johnson will lead the new organization in this next chapter. Smart Financial Credit Union CEO LeAnn Kaczynski will remain with the organization as Chief Integration Officer for one year to oversee integration efforts and ensure a seamless transition for Members and employees. The new organization following integration will provide Members access to a network of 48 branches.

When will the merger take place?

The proposed merger is expected to be finalized in early 2026, pending regulatory approval, and a member vote by Smart Financial.

Is Smart Financial Credit Union experiencing any financial challenges?

No. This partnership unites two of Houston’s trusted financial institutions with a shared mission to improve lives and strengthen local communities. This merger has been the result of conversations over several years. With competition in the financial services industry becoming increasingly fierce, the proposed merger will strengthen the credit union’s market position.