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TFCU News

International Credit Union Day

International Credit Union Day – Thursday, October 21, 2021

International Credit Union (ICU) Day is a holiday shared by credit unions across the world. Every third Thursday of October, we take the time to reflect upon the credit union movement's history, promote its achievements, recognize hard work, and share member experiences.

This year TFCU has joined the celebration by giving back to their members and the El Paso Community.

·       Partnering with Boss Chicken, TFCU provided the first 800 members to visit their branches with a free Chicken N’ Cheese Sandwich

·       TFCU hosted a social media and email raffle where six lucky winners were selected at random to win an Amazon e-gift card

·       To give back to the community, TFCU provided an opportunity for their employees to nominate the charity of their choice to receive a $600 donation


What is the credit union difference?

It’s simple. We’re better than a bank because we’re a financial cooperative that’s owned by our membership. At a credit union, there are no big shareholders making all the calls, our members have a direct impact on the direction we take. A credit union’s Board of Directors are member-elected volunteers that manage critical decisions while keeping the members’ best interest at the forefront.

TFCU follows the credit union philosophy of “People Helping People” meaning, the profits we receive are returned back to our members in the form of higher dividends, lower fees, lower rates, and more.

With a credit union, your money has the same stability it would with any traditional bank because your deposits are insured for up to $250,000 by the National Credit Union Administration (NCUA).


TFCU Employee Charity Donation

In the spirit of this year’s ICU Day theme “Building Financial Health for a Brighter Tomorrow”, TFCU employees nominated the charities of their choice into a drawing to receive a $600 donation. Two winners were selected at random for the opportunity to give back to the El Paso non-profit community.

Abraham Rodarte – Nominated Charity: La Casa De Las Abuelitas

La Casa De Las Abuelitas is a permanent residential home to 30 abandoned or homeless elderly and frail women. It was created in 2016 as a response to the need for a homeless shelter devoted to care for the neglected elderly Abuelita population in El Paso. These women are unable to provide for themselves due to their age and other reasons. This organization depends on volunteers and donations to provide clothing, food, and healthcare for their residents.

“A generous donation by TFCU would certainly be needed and appreciated by this deserving population and organization.” – Abraham Rodarte

Michael Morales – Nominated Charity: Junior Achievement of El Paso

Junior Achievement of El Paso, Inc. has been serving El Paso County since 1967, with effective hands-on financial literacy programs that reach out to young people with a diversity of racial and ethnic backgrounds in both urban and rural settings. Last year, JAEP served thousands of students within the Greater El Paso Area. Since 1967, JAEP has served over 110,000 young people in the El Paso area. The JAEP office serves anywhere between 7,500 to 10,000 students per year. In 2021, JAEP provided programs for 8,779 students in the El Paso area and taught at 389 classes locally.

“This organization is near and dear to my heart because this non-profit inspires and prepares young people to succeed in a global economy and all the funds raised stays here in El Paso.” – Michael Morales

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TFCU is a member-owned financial institution that provides an array of convenient and affordable services for members of all ages in El Paso County. We offer products such as free checking, auto and mortgage loans with low rates, business services, online services, investment products and services, and much more! Whether you are a young person just starting out in life or someone preparing for your retirement years, we have the right products and services for you and your family!

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