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Three CUs re-affiliate with Texas league
FARMERS BRANCH, Texas (4/27/11)--Three credit unions have re-affiliated with the Texas Credit Union League (TCUL). Pacific Employees CU, with $4.2 million assets, Beaumont, and $1.5 million-asset Union Pacific Employees CU and $3.2 million-asset First United CU, both of Tyler have re-joined the league. “I’m fortunate to have an exceptional board of directors who recognize that in order to continue UPECU’s successful operation we need additional support and resources,” said Jan Scroggins, manager of Union Pacific Employees CU. “We found that support in the league.” Among the resources the league offers small-asset credit unions is its Small Credit Union Development Initiative, which offers tools and resources, including a library, workshops and clinics, for credit unions with assets under $20 million. TCUL has also established a small-credit union committee of 17 credit union leaders. The committee meets regularly to discuss challenges and opportunities facing small credit unions. The league has facilitated the development of 14 small-credit union groups statewide. The groups are regionally based, giving credit unions the opportunity to attend local group meetings for educational programs.


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