70 Years and Going Strong

Two large bank failures in the past week have resulted in significant media coverage calling into question the entire banking system.  East Texas Professional Credit Union adheres to its strict investment policy for asset liability management which has led to consistent, strong financial performance for decades.  While additional bank failures might be reported in the media, rest assured your credit union is financially strong with conservative management principles that avoid the egregious mistakes made by much larger financial institutions.  The following facts speak to the strength of East Texas Professional Credit Union:

  • ETPCU enjoys a 10 out of 10 score on Capitalization, Asset Quality, and overall Stability.
  • Federal regulators have determined that a 7.0% capital to asset ratio is the benchmark for a well-capitalized financial institution.  ETPCU’s current capital to asset ratio is more than 17.0%, or almost two and a half times the amount necessary to be classified as well-capitalized.
Through the Great Recession and the past decade, East Texas Professional Credit Union has been a safe harbor for your hard-earned deposits.  The Board of Directors and management team will continue to manage your credit union with the conservative principles that have led to the Credit Union being recognized nationally for its financial stability and consistent strong performance.