A letter to members states a former exec of the Texas CU embezzled funds over a long period of time.
Texas credit unions donate to community education and healthcare, and the larger the asset size, the greater the support.
Texas-based credit union's 2014 donations total $1.3 million, or 10% of its net earnings.
Waco credit union seeks to help volunteer fire department rebuild after tragic fertilizer plant blast.
Sandy King of Llano, Texas, got a nice return on her $5 donation to the second annual United Heritage Charity Foundation auto raffle earlier this month.
The $93 million, 21,000-member Plus4 Credit Union has committed to the KeyStone core processing platform from Corelation Inc. of San Diego.
Greater TEXAS Federal Credit Union reached $500 million in assets earlier this year, during the Austin, Texas-based credit union’s 60th anniversary year. To celebrate the occasion, the credit union gave members commemorative chocolate coins in each branch lobby.
Data Systems of Texas said it plans to convert the $106 million Santa Fe Federal Credit Union in Amarillo, Texas, to the Sharetec core processing system on Jan. 1, the company said.
The $1.3 billion Pawtucket Credit Union in Pawtucket, R.I., will soon be using the Q2ebanking online banking suite, the Austin, Texas, company said.
CU*South said it will be converting the $28 million, 4,000-member Old Ocean Federal Credit Union in Old Ocean, Texas, to the CU*BASE core processing system.