The Houston Chronicle Employees Federal Credit Union is a not for profit financial co-operative that is owned by its members. Every Spring an annual meeting is held to elect members to the Board of Directors, Credit Committee and Supervisory Committee. Each member has one vote, no matter how much they may have on deposit.

The Credit Union was started on November 13, 1967 to promote thrift among the membership and to enable them to obtain loans at reasonable rates of interest. It is federally chartered and supervised by the National Credit Union Administration (NCUA). Your deposits are insured up to $100,000.00 by the National Credit Union Share Insurance Fund. This federal fund, created by Congress in 1970, is administered by NCUA and is backed by the full faith and credit of the US Government.

By providing its members with a safe, convenient place to save at a fair return and to borrow at affordable rates, the Credit Union strives to fulfill its philosophy of "People Helping People." We are proud of our strong tradition of serving the financial needs of our members.