Tex-Mex Employees Credit Union

About Tex-Mex Employees Credit Union

Tex-Mex Employees Credit Union Location

1420 Cedar Ave.
Laredo, TX 78040

Phone: (956) 722-1032
Website: www.tmcu.com
Routing/Transit Number: Not Available


Tex-Mex Employees Credit Union Information

Tex-Mex Employees Credit Union of Laredo, TX is a cooperative financial institution that is controlled and owned by its members, and operated for the purpose of promoting thrift, providing credit at fair rates, and providing other financial services to its membership base. This institution has 1720 members and assets of $7,507,239, as compared to the national average of $93 million dollars of assets per credit union. Tex-Mex Employees Credit Union, first opened in 1953 and has been in operation since then. Additionally, Tex-Mex Employees Credit Union has 6 full time employees and 3 part time employees, or 191.111111111 members per employee, compared to a national average of 376.32254.

While all federal credit unions, and 95% of state-chartered credit unions, have "share insurance" (otherwise known as deposit insurance) of at least $250,000 per member through the National Credit Union Share Insurance Fund (NCUSIF), you should double-check to ensure that Tex-Mex Employees Credit Union is covered by this protection. This share (deposit) insurance is backed by the United States government and is administered by the National Credit Union Administration. Tex-Mex Employees Credit Union is a not-for-profit, cooperative, tax-exempt organization.