page splash

Welcome to Cooperative
Teachers Credit Union...

…and welcome to ownership! As a community-founded, not-for-profit financial cooperative, CTCU is owned by you and our other members – including your neighbors, friends and co-workers. And that means everything we do is in your best interests!

Chartered by a group of Smith County Educators in 1953, our roots run deep. We’ve grown in assets, members and offerings, and we’ve even extended our banking services to seven surrounding counties. But our commitment to personal service and an honest, caring approach will never change. We really are here for you and the East Texas community you call home – we call it home, too!

Credit Unions vs. Banks:
Know the Difference!

  • Credit unions are not-for-profit financial cooperatives owned and controlled by their members. Banks, however, are forprofit businesses owned by groups of shareholders.
  • Credit union earnings are returned to members in the form of lower loan rates, higher share deposit rates, fewer fees and better service. Bank earnings, on the other hand, are returned to shareholders.
  • Credit unions provide insurance protection by the NCUA, while banks offer insurance protection by the FDIC.
  • Credit Union Directors are elected by members and volunteer their time. A bank’s Board of Directors is elected by their shareholders and gets paid.

YOU and Your Family Can Join!

If you live, work, worship or attend school in Smith County, Texas, or are employed by a school district in one of CTCU’s membership counties, you and your immediate family are eligible to become members. To view our most recently updated membership eligibility requirements, please visit

Please help us spread the word about the benefits of CTCU membership! With more members, we’re able to give MORE back to you in the form of dividends, savings and up-to-date products and services.

How to Join

Your Share Savings account is your key to CTCU membership. A $20.00 minimum deposit opens the door to all the benefits of being a valued CTCU member.

“Once a Member, Always a Member”

Once you become a CTCU member, you are a member for life! Even if you leave the field of eligibility (whether due to a change in employment, residence, etc.), you will retain all your CTCU membership rights as long as you maintain a minimum balance.