Houston-Based FMC technologies FCU merges with TDECU-Your Credit Union
HOUSTON, TX (May 19, 2014) — TDECU-Your Credit Union has announced their official union with Houston-based FMC Technologies Federal Credit Union (FMC Technologies FCU). The merger enables TDECU to continue expanding its footprint into northern Houston and offer FMC Technologies FCU’s members access to a wider portfolio of financial services and products. With more than 186,000 members and greater than $2 billion in assets, TDECU is the largest credit union in Houston.
“This partnership supports our long-term strategic growth plans, and enhances our ability to compete with other financial institutions in this highly competitive market,” said Stephanie Sherrodd, TDECU’s President and CEO.
FMC Technologies FCU was formed in 1949 to serve the employees of FMC Technologies, Inc. (NYSE: FTI). They are a leading global provider of technology solutions for the energy industry. With the merger, FMC Technologies FCU’s 1,200 member accounts will transfer to TDECU.
“We are proud to serve these newest members, and share with them all the benefits and experiences that come with being a part of TDECU,” said Sherrodd.
Founded in 1955, TDECU is a not-for-profit financial cooperative with more than 186,000 members and greater than $2 billion in assets. TDECU currently has 40 service locations, including 33 branches, and offers a complete selection of convenient, innovative, and competitive products and services, including a full suite of deposit products as well as mortgage, auto and personal loan products, online and mobile banking. TDECU also offers, through its subsidiaries, retirement planning and wealth management, personal and business insurance products, and full title and realty services. Members can also access a nationwide network of over 55,000 surcharge-free ATMs. For more information visit TDECU.org or call 800.839.1154.