BFCU's mission is to serve the community of member - owners by providing diverse, competitive and progressive financial services to improve the financial well being of our members and their families.
Local. Trusted. Owned by You!
Emphasize the Credit Union philosophy by providing exceptional financial services through strong ethics and integrity.
Protect members’ financial security and integrity in an ever changing environment.
Provide a culture in which the employees and volunteers achieve outstanding performance and personal growth.
Maintain a community development focus while serving the underserved.
Provide sound financial management by optimizing earnings and capital for our continued growth.
Balance our human capital and portfolio of financial services to provide exceptional value to our members.
Border FCU is a certified Community Development Financial Institution (CDFI) Fund organization.
Originally named Border Credit Union
Chartered April 14, 1954
Original location Laughlin Air Force Base
1972 Val Verde County School Employees Credit Union merged with Border Credit Union
1974 Bylaws were changed to expand the field of membership to include Maverick County
1980 the credit union moved its main office outside L.A.F.B to Gibbs St.
1984 Eagle Pass Branch was opened & then closed in 1989
1987 the credit union became Federally chartered and insured by NCUA, this changing the name to Border Federal Credit Union
1990 the nineties brought changes in data processing
1992 BFCU signed on with Summit Data Processing Systems, to minimize transaction time
1994 "Free Checking" accounts with no minimum balance or service charge were being offered
1996 the first female President/CEO Maria J. Martinez (1996-present)
1997 A Holiday Loan was introduced a 12-month loan set at $1,000 at a rate of 9.70APR
2000 Eagle Pass Branch was re-opened
2001 Partnered with Irwin Mortgage Company to offer mortgage loans to the membership for the first time in 20 years
2002 Groundbreaking of New Main Office on Bedell Ave.
2003 The Credit Union moves its Main Office operations to its new location at 2211. N. Bedell Ave.
2004 BFCU was approved under grant by HUD to offer Housing Counseling
2005 BFCU joins the Financial Outreach Program Alianza Financiera Hispana to offer services Free of Charge to the rapid growing Hispanic Community
2005 Partners with Internal Revenue Service (IRS) to provide free income tax preparation to low to moderate income families
2007 Partnered with Money Concepts, Inc. to broaden investment opportunities
2010 Department of Treasury certifies BFCU as a Community Development Financial Institution (CDFI)
2011 NCUA Approved Expansion of our Community Charter to serve Crockett, Dimmit, Edwards, Frio, La Salle, Real, Sutton, Terrell, Uvalde, & Zavala County
2013 we currently have over 103 employees and serve 22,000 members & still growing
2014 Opening of our new location inside H-E-B Del Rio In-Store Branch
2014 will mark BFCU's 60th Anniversary of service to our members. This great milestone could not have been possible without their support.
2015 BFCU transitioned to a new core processing system to better serve our members
2015 Merger between Quemado FCU and Border Federal Credit Union effective September 30, 2015
2016 CEO/President Maria Martinez, accepts “Juntos Avanzamos” designation on behalf of BFCU in Washington D.C. BFCU offers products and services tailored for Hispanic and Immigrant Communities.