Texas Trust Presents Tom Cravens with the Inaugural Dream Builder Award

September 23rd, 2016

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ARLINGTON, Texas – September 26, 2016 – Tom Cravens, a name synonymous with Arlington, has received the inaugural Dream Builder Award from the Downtown Arlington Management Corporation (DAMC). The award was presented by the DAMC’s premier partner, Texas Trust Credit Union, at the annual DAMC luncheon.

 

Tom Cravens Inaugural Dream Builder Award RecipientThe Dream Builder Award was created to recognize individuals who have had a significant impact on the downtown Arlington community. Cravens has been a driving force to revitalize downtown Arlington and make it the heart and soul of the city since the 1980s. He championed the revitalization effort by aligning community leaders, businesses, and residents to create a vibrant downtown as an economic engine for the city and a destination spot for businesses, residents, and visitors.

 

Cravens’ vision helped shape the revitalization effort, giving downtown Arlington a strong sense of identity and making it the heart of the city again.

 

The Dream Builder Award was presented to Cravens by DAMC Board Member Debi Knoblock, Assistant Vice President of Relationships and Opportunity at Texas Trust Credit Union. Texas Trust conceived the Dream Builder Award and worked with the DAMC to establish it as a way to honor citizens who have helped make Arlington the American Dream City.

 

“For generations, Tom and his family have shaped Arlington through their selfless dedication and commitment to our community,” said Tony Rutigliano, president and CEO of the Downtown Arlington Management Corporation. “I have the honor of carrying out the vision to rejuvenate downtown. Tom has been an inspiration to our city and we are privileged to honor him with the Dream Builder Award.”

 

About the DAMC

The Downtown Arlington Management Corporation is a private, non-profit community development organization whose purpose is to forge alliances between property owners, business interests, residents and the City of Arlington to improve and enhance the economic vitality and overall environment of Downtown Arlington. Follow the DAMC on Facebook.com/DowntownArlingtonTexas or @DTArlington.

 

About Texas Trust Credit Union

Texas Trust is a full-service financial institution serving the residents and businesses of Dallas, Tarrant, and Henderson counties, as well as parts of Ellis and Johnson counties with 16 branches located in Mansfield, Grand Prairie, Arlington, Cedar Hill, Midlothian, DeSoto, Hurst, and Athens. With assets of $950 million, Texas Trust is one of the largest credit unions in North Texas and the 19th largest in Texas. Texas Trust is a federally insured financial institution. Deposits to at least $250,000 are backed by the full faith and credit of the federal government through the National Credit Union Administration (NCUA). For more information, visit TexasTrustCU.org, or follow us on Facebook.com/texastrustcu, or Twitter at @texastrustcu.                                              

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TXTCU Named a Premier Partner of the Downtown Arlington Management Corporation

September 20th, 2016

Texas Trust Credit Union Named a Premier Partner of the
Downtown Arlington Management Corporation

 

ARLINGTON, Texas – September 20, 2016 – The Downtown Arlington Management Corporation (DAMC) has named Texas Trust Credit Union a premier partner. It is the first partnership agreement of its kind for the DAMC.

Texas Trust will work alongside the DAMC to make downtown Arlington a destination location for residents, businesses, and tourists. During this year’s DAMC Annual Luncheon, which will be held Sept. 22, Texas Trust will present the inaugural Dream Builder award to honor the contributions of an individual who exemplifies the traits of a visionary, a leader, and a citizen who has worked to make Arlington the American Dream City.

“Texas Trust has already made a mark in Arlington through its engagement with its members, UTA, and Arlington ISD,” said Tony Rutigliano, president and CEO of the Downtown Arlington Management Corporation. “We are looking forward to creating new opportunities with Texas Trust that will make downtown Arlington an even better place to establish a business, work, live, and visit.”

 Debi Knoblock, Assistant Vice President of Relationships and Opportunity at Texas Trust, will serve on the DAMC board.

 “Downtown Arlington is exploding with new businesses, cultural venues, and events that are turning the area into a destination spot,” said Jim Minge, president and CEO of Texas Trust Credit Union. “Our goal is to support the DAMC in a way that helps the area thrive and grow. We want to help create more successful business owners who can live the American dream right here in Arlington.” 

About the DAMC
The Downtown Arlington Management Corporation is a private, non-profit community development organization whose purpose is to forge alliances between property owners, business interests, residents and the City of Arlington to improve and enhance the economic vitality and overall environment of Downtown Arlington.

About Texas Trust Credit Union
Texas Trust is a full-service financial institution serving the residents and businesses of Dallas, Tarrant, and Henderson counties, as well as parts of Ellis and Johnson counties with 16 branches located in Mansfield, Grand Prairie, Arlington, Cedar Hill, Midlothian, DeSoto, Hurst, and Athens. With assets of $950 million, Texas Trust is one of the largest credit unions in North Texas and the 19th largest in Texas. Texas Trust is a federally insured financial institution. Deposits to at least $250,000 are backed by the full faith and credit of the federal government through the National Credit Union Administration (NCUA). For more information, visit TexasTrustCU.org, or follow us on Facebook.com/texastrustcu, or Twitter at @texastrustcu.                                            

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This Is Why We Do What We Do (In light of the revelations about Wells Fargo)

September 16th, 2016

The following is a blog post written by NAFCU’s President and CEO Dan Berger. It very well states the differences between banks and credit unions in the framework of the recent revelations concerning Wells Fargo.

 


This Is Why We Do What We Do
by Dan Berger, NAFCU President and CEO

Sept. 9, 2016 – I’ve got to take a moment and get this off my chest: What Wells Fargo did – open more than 1.5 million likely unauthorized consumer deposit accounts and more than 500,000 credit cards – is despicable and flat-out fraud. And someone needs to go to prison.

Time and time again, I am reminded that this is why we – the credit union industry – do what we do. For credit unions, their members are their owners. Every decision made, every new product and service introduced, is based on what is best for them.

This is why I do what I do at NAFCU. This is what makes me get up in the morning with relentless enthusiasm for fighting for credit unions. This kind of crap makes me angry. Consumers deserve better. Our country deserves better. Did the banks not learn anything from the financial crisis they caused?

Big banks have their shareholders’ best interests at heart, and these actions by Wells Fargo clearly display that. The bank submitted applications for 565,443 credit card accounts without consent, and roughly 14,000 of those accounts incurred more than $400,000 in fees, according to CNN Money. Wells Fargo’s actions resulted in a $185 million penalty from regulators and the firing of 5,300 employees.

While credit unions often fall under the jurisdiction of regulations and laws meant to target these criminal activities by the big banks, know that you are above the fray and noise of these actions. You know it, NAFCU knows it, and even regulators and lawmakers admit to it.

What an honorable industry we are a part of. Thank you, credit unions, for serving the American people with an unmatched level of honesty and integrity.

http://www.bergerleadershipblog.com/2016/09/this-is-why-we-do-what-we-do.html?utm_source=Informz&utm_medium=Email&utm_campaign=Berger+Leadership+Blog


As a not-for-profit financial cooperative, Texas Trust is owned by the very members that we serve. Big banks are corporations owned by stockholders. When we make business decisions, they are made with our members’ best interests in mind. When they make decisions, they do so with profits in mind – not people.

That is why our earnings are put back into the credit union in the form of free and low-cost services, lower loan rates, higher savings rates, and new branches and technologies to help you manage your accounts. And that is why we continue to support the local communities in which our members live, work, and worship. In 2015, we reached the $1 million mark in our Spirit Debit Rewards program that supports local students and school districts.

Thank you for being a member!

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Texas Trust Credit Union Expands into Midlothian

September 8th, 2016

Arlington, Texas – Sept. 7, 2016 – Texas Trust Credit Union is expanding with the opening of its newest branch in Midlothian. The new branch is its 16th north Texas location, and first in Midlothian, enabling it to serve more members in Ellis County.

Texas Trust renovated the 2,145-square-foot building at 201 E. Avenue G, at the corner of North 10th Street in downtown Midlothian, next to the U.S. Post Office.

The branch, managed by Doris Standford, employs six, has one drive-up teller lane and a walk-up ATM. Texas Trust is a full-service financial cooperative offering online and mobile banking, credit and debit cards, an in-house loan department for home and auto loans, investment products and services, and an international surcharge-free ATM network. The credit union also offers an independent insurance agent and small business financial services, including SBA lending.

“Our goal is to become Midlothian’s preferred financial institution,” said Jim Minge, president and CEO of Texas Trust Credit Union. “We already have strong connections in Ellis County and look forward to helping the residents and businesses of Midlothian build brighter financial futures.”

The new branch follows the recent partnership between Texas Trust and Midlothian-based TrustUS Federal Credit Union. It brings all of Texas Trust’s services to the community as well as to former members of TrustUS, who are now members of Texas Trust.

The branch is open Monday through Thursday from 9 a.m. to 5 p.m., Friday from 9 a.m. to 6 p.m., and on Saturday from 9 a.m. to noon.

About Texas Trust Credit Union:
Texas Trust is a full-service financial institution serving the residents and businesses of Dallas, Tarrant, and Henderson counties, as well as parts of Ellis and Johnson counties with 16 branches located in Mansfield, Grand Prairie, Arlington, Cedar Hill, Midlothian, DeSoto, Hurst, and Athens. With assets of $950 million, Texas Trust is one of the largest credit unions in North Texas and the 19th largest in Texas. Texas Trust is a federally insured financial institution. Deposits to at least $250,000 are backed by the full faith and credit of the federal government through the National Credit Union Administration (NCUA). For more information, visit TexasTrustCU.org, or follow us on Facebook.com/texastrustcu, or Twitter at @texastrustcu

 

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Texas Trust Credit Union Expands into Midlothian

September 8th, 2016

Arlington, Texas – Sept. 7, 2016 – Texas Trust Credit Union is expanding with the opening of its newest branch in Midlothian. The new branch is its 16th north Texas location, and first in Midlothian, enabling it to serve more members in Ellis County.

Texas Trust renovated the 2,145-square-foot building at 201 E. Avenue G, at the corner of North 10th Street in downtown Midlothian, next to the U.S. Post Office.

 The branch, managed by Doris Standford, employs six, has one drive-up teller lane and a walk-up ATM. Texas Trust is a full-service financial cooperative offering online and mobile banking, credit and debit cards, an in-house loan department for home and auto loans, investment products and services, and an international surcharge-free ATM network. The credit union also offers an independent insurance agent and small business financial services, including SBA lending.

“Our goal is to become Midlothian’s preferred financial institution,” said Jim Minge, president and CEO of Texas Trust Credit Union. “We already have strong connections in Ellis County and look forward to helping the residents and businesses of Midlothian build brighter financial futures.”

The new branch follows the recent partnership between Texas Trust and Midlothian-based TrustUS Federal Credit Union. It brings all of Texas Trust’s services to the community as well as to former members of TrustUS, who are now members of Texas Trust.

The branch is open Monday through Thursday from 9 a.m. to 5 p.m., Friday from 9 a.m. to 6 p.m., and on Saturday from 9 a.m. to noon.

About Texas Trust Credit Union: 
Texas Trust is a full-service finacial institution serving the residents and businesses of Dallas, Tarrant, and Henderson counties, as well as parts of Ellis and Johnson counties with 16 branches located in Mansfield, Grand Prairie, Arlington, Cedar Hill, Midlothian, DeSoto, Hurst, and Athens. With assets of $950 million, Texas Trust is one of the largest credit unions in North Texas and the 19th largest in Texas. Texas Trust is a federally insured financial institution. Deposits to at least $250,000 are backed by the full faith and credit of the federal government through the National Credit Union Administration (NCUA). For more information, visit TexasTrustCU.org, or follow us on Facebook.com/texastrustcu, or Twitter at @texastrustcu

 

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