Amoco Federal Credit Union

Specialties

AMOCO FCU is a credit union. Not a bank. There is a big difference and it is important for you to know. At AMOCO FCU, we’re all about you.

Unlike a bank, AMOCO has been managed and operated exclusively for the benefit of its members. That’s because, AMOCO is a member-​owned cooperative organization, which means — the profits earned by the credit union are reinvested so that members can enjoy lower interest rates on loans, higher rates on deposits, and significantly lower fees for convenient services.

As an AMOCO member, you are an owner of a unique financial organization that exists solely for the benefit of its member/​owners. Your AMOCO membership entitles you to take advantage of an array of services designed to help you more effectively manage your finances.

Financial Services: Deposit Accounts, Checking Accounts. Investment Accounts, Auto Loans, Credit Cards, Mortgage Loans, Electronic Services, Over 50,000 surcharge free Nationwide ATMs and More!

History

Established in 1937.

«Since being first chartered in 1937, the credit union has grown from $ 28,000 in assets and 169 members to more than $ 540 Million in assets and approximately 60,000 members.

In 1947, the credit union expanded for the first time to include employees of Amoco Chemicals in Texas City, and Amoco (Pan American) subsidiary. In 1955, the credit union changed its name to Amoco Federal Credit Union to correspond with the new name of its sponsor company, Amoco Oil Refinery.

Today, AMOCO Federal Credit Union includes a diversified membership that includes more than 300 local sponsor companies and organizations and 60,000 members located throughout the country. Recognized as one of the largest credit unions in the Houston/​Galveston area, AMOCO continues to grow in large part to the satisfaction and loyalty of members and the commitment of our volunteers and staff. »