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First Central Credit Union

First Central Credit Union

First Central Credit Union has been serving the Waco area since 1937, striving to provide the best financial services for its members. In the beginning, First Central was formed by 14 Southwestern Bell Telephone employees in 1937 and was named Waco Telco Credit Union. In 1977, Texas Power and Light employees joined with Waco Telco. A few years later, in 1980, Brazos Electric Co-op Credit Union merged with the group as well. Membership has grown to include employees from Dealers Electric, Davis Iron Works, and many other local companies. With its community charter, First Central offers memberships to anyone who either lives or works in McLennan County. In 2004, our field of membership grew to include anyone who lives, works or worships within 10 miles of our Hillsboro office, at 225 E. Franklin Street. Beginning 2007, we were able to include all who live, work, or worship in all of Hill County and we also moved our office to 117 E. Franklin Street in Hillsboro. "We are growing and we hope to continue growing by offering a full spectrum of financial services with a commitment to service delivery that is second to none," states President Jo Betsy Tyler. In July 2008, We merged Superior Community Credit Union in Brownwood, Texas to continue our growth. First Central in Brownwood is now a growing and thriving service to all of Brown county. What started out with only 14 members has, more than 72 years later, become a credit union with more than 9,000 members and exceeds $47 million in assets.

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About First Central Credit Union

Founded

1937

Estimated Revenue

$1M-$10M

Employees

11-50

Funding / Mkt. Cap

$2M

Category

Sector

Credit Unions, Not Federally Chartered

Industry Group

Credit Unions

Industry

Financial Services

Location

City

Hillsboro

State

Texas

Country

United States

Tech Stack (53)

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