What is a Credit Union?
A credit union is an association of people, united by a common bond, organized under state or federal law so they may pool their individual resources to save and lend at favorable rates. Credit unions operate “not for profit, not for charity, but for service.” A credit union is owned and controlled by its members.
East Texas Telco Credit Union was organized June 26, 1951, as a state-chartered credit union in a Longview home. The credit union served employees of Southwestern Bell Telephone Company in Longview. As the credit union grew, the location was moved to where the credit union now sits, and another branch in Tyler was added in 1996. In 1997, the board chose to change the name of the credit union to Telco Plus Credit Union to better reflect the expanded membership base.
Today, Telco Plus Credit Union serves anyone who lives or works in Gregg or Smith counties. To establish membership, a savings account must be opened with a minimum deposit of $5. Once membership is established, you are available to take advantage of our other great products and services.
To open an account, simply come by either location and bring your driver's license, Social Security card and minimum deposit.
Telco Plus Credit Union offers the utmost in security to our members. Accounts are federally insured up to $250,000 through the National Credit Union Administration (NCUA), a U.S. government agency.
“Impacting members’ lives through positive financial experiences."
“Telco Plus Credit Union will be the only financial institution that comes to mind.”
Quotes from our Members
SEE WHAT OUR MEMBERS HAVE TO SAY ABOUT THEIR CREDIT UNION