What Mobility Credit Union does

Mobility Credit Union is a member-owned, federally insured (NCUA) credit union headquartered in Irving, Texas, serving the Dallas-Fort Worth metropolitan area as well as members nationwide and abroad. The institution traces its origins to 1965, when 14 IBM employees in Dallas collectively deposited $150 to form IBM Southwest Employees Federal Credit Union; it subsequently expanded its community charter and rebranded as YOUR Community Credit Union, before adopting its current name, Mobility Credit Union, in 2014 to reflect a mobile-first banking proposition. It operates three physical branches in Texas (Irving, Hurst, and Celina) and serves approximately 11–50 employees supporting consumer and small-business members.

The product portfolio spans five lines: (1) checking and savings, anchored by the Earn-It Checking account offering up to 5.12% APY with free bill pay, alongside Primary Savings, Secondary Savings, Money Market accounts earning up to 3.82% APY, IRAs, and Coverdell accounts; (2) consumer and business lending including auto loans starting at 4.84% APR, mortgages, home equity/HELOC products at 3.99% APR, recreational loans, Visa credit cards at 11.99% APR, business term loans and lines of credit, payday alternative loans, and lifestyle loans; (3) business deposit products including business checking, business savings, Business Advantage Money Market, and 6/12/24-month business CDs; (4) youth and young-adult products (Youth Savings, Young Adult Checking, High School Cards); and (5) digital channels comprising a Touch/Face ID-enabled iOS/Android mobile app with mobile deposit, Zelle, Apple Pay, Google Pay, online banking, and 24-hour automated phone banking. Card Secure provides real-time transaction alerts and card freeze controls.

Revenue is generated primarily through net interest spread on the lending portfolio (auto, mortgage, HELOC, credit card, business, and payday-alternative loans), complemented by transaction and fee income from overdraft protection, Courtesy Pay, and specialty services, with the cooperative member-owned structure channeling surplus back to members via competitive deposit rates rather than external shareholders. Distribution combines a physical branch network with multi-channel digital access; acquisition is driven by a ReferLive referral program paying up to $500/year, community partnerships with local chambers of commerce (Black, Hispanic, LGBT, and contractor associations), and a Spanish-language website alongside active social-media presence. The institution also offers Community Debit Cards that contribute interchange fees to charitable causes and GAP/Extended Warranty vehicle protection add-ons, signaling a broader member-engagement strategy beyond core deposit-taking and lending.

Name

Mobility Credit Union

Legal name

Mobility Credit Union

Website

https://mobilitycu.com

Company type

Private

Founded year

1965

Operating status

Operating

Headcount range

11–50 employees

Short description

Mobility Credit Union is a member-owned, NCUA-insured credit union headquartered in Irving, Texas, serving DFW-area and nationwide consumers and small businesses with checking, savings, auto, mortgage, HELOC, credit card, and business banking products delivered across three branches and a mobile-first digital platform.

Ownership category

akta.pro rank

Product category

Retail Banking (Credit Union)

NAICS

Credit Unions (52213), Credit Unions (522130), Credit Card Issuing (522210)

SIC

Savings Institution, Federally Chartered (6035), Personal Credit Institutions (6141)

akta.pro primary industry

Community Credit Unions (Retail/Consumer Focus) (FSABAEAA)

akta.pro secondary industry

Credit Cards & Revolving Credit (FSABAAAC)

Keywords

• Consumer banking services
• Credit union lending
• Deposit accounts
• Digital banking
• Small business banking

Headquarters

HQ city

Irving

HQ country

United States

HQ region

North America

Offices3 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Infrastructure, Marketing or Sales, Others

Revenue model

1. Interest Income on Loans: Primary revenue source from interest charged on various loan products including auto loans, home equity loans, mortgages, credit cards, personal loans, and business loans. Rates vary by product type and creditworthiness.
2. Fee-Based Services: Various fees including courtesy pay, overdraft protection, certain transaction fees, and specialty services. Some accounts like Earn-It Checking offer free bill pay.
3. Savings Account Revenue: Revenue generated from the spread between interest paid on savings/checking accounts and interest earned on loans. Primary Savings requires $5 minimum balance for membership.

Pricing tiers

Go-to-market motion2 records

Distribution channels5 records

Marketing channels5 records

Core offering

Mobility Credit Union is a member-owned, federally insured (NCUA) credit union offering consumer and business banking products including checking, savings, money market, certificate accounts, IRAs, auto loans, mortgages, home equity/HELOC, credit cards, lines of credit, lifestyle loans, and payday alternative loans. It also provides business banking products and youth/young adult accounts. Services are delivered through three Texas branches (Irving, Hurst, Celina), a mobile app, online banking, and 24-hour phone banking, serving the Dallas-Fort Worth area and members nationwide and abroad.

Product overview

Mobility Credit Union is a Texas-based credit union serving the DFW area and members nationwide, offering a unified portfolio of consumer and business banking products. The core platform is organized around five main product lines: (1) Checking & Savings — Earn-It Checking (up to 5.12% APY), Primary and Secondary Savings, Money Market accounts, IRAs, and Certificate Accounts; (2) Lending — Auto Loans, Recreational Loans, Mortgages, Home Equity & HELOC, Business Loans, Credit Cards (Visa), Payday Alternative Loans, and Lifestyle Loans; (3) Business Banking — Business Checking, Business Savings, Business Money Market, and Business Certificate Accounts; (4) Youth & Young Adult Banking — Youth Savings, Young Adult Checking, and High School Cards; and (5) Digital Banking Platforms — Mobile Banking (iOS/Android), Online Banking, Phone Banking, Online Bill Pay, Mobile Deposit, Direct Deposit, and e-Statements. Additional value-add products include Zelle P2P payments, Card Secure fraud protection, Overdraft Protection, Courtesy Pay, Round-Up savings, Community Debit Cards, and a ReferLive referral rewards program. The institution also offers vehicle protection add-ons (GAP and Extended Warranty) and serves members across three physical branch locations in Texas.

Differentiator

Problem solved

Functional benefit

Products and services

• Earn-It Checking A free checking account paying dividends with up to 5.12% APY, no monthly service fee, and includes free online banking, mobile banking, and Bill Pay. Designed for individual consumer members.
• Primary Savings
• Secondary Savings
• Money Market (High Yield Savings)
• Money Market Plus Checking
• Fresh Start Checking
• Certificate Accounts
• Individual Retirement Accounts (IRAs)
• Coverdell Savings Accounts
• Auto Loans
• Auto Leases
• Recreational Loans
• Credit Cards
• Line of Credit
• Limited/Impaired Credit Loans
• Mortgages
• Home Equity & HELOC
• Payday Alternative Loans
• Lifestyle Loans
• Business Loans
• Business Checking Accounts
• Business Savings Account
• Business Advantage Money Market Account
• Business Certificate (CD) Account
• Youth Savings
• Young Adult Checking
• High School Cards
• Mobile Banking
• Online Banking
• Phone Banking

Quantifiable outcome

• Earn up to 5.12% APY on checking accounts
• +3 more outcomes

Segments4 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration3 records

Feature6 records

Partnerships

Seven partnerships are on record, tiered minor.

• Collin County Black Chamber of CommerceminorOthersCommunity organization partner for diversity and inclusion initiatives. Part of Mobility CU's commitment to serving diverse communities in the DFW metro area.
• Greater Dallas Hispanic Chamber of CommerceminorOthersCommunity organization partner for diversity and inclusion initiatives supporting Hispanic business owners and community members in the Dallas area.
• Irving Hispanic Chamber of CommerceminorOthersCommunity organization partner based in Irving, TX, supporting local Hispanic businesses and community engagement.
• North Texas LGBT Chamber of CommerceminorOthersCommunity organization partner supporting LGBTQ+ businesses and community members in North Texas.
• Regional Hispanic Contractors AssociationminorOthersCommunity organization partner supporting Hispanic contractors and construction-related businesses in the region.
• The Gatson GroupminorOthersDiversity council member organization contributing to Mobility CU's diversity and inclusion initiatives.
• TX Diversity CouncilminorOthersPartner organization for diversity and inclusion training and resources for employees and leadership.

Scale indicators3 records

Recent moves9 records

Expansion highlights5 records

Direct peers

• Connexus Credit Union: Online-led community credit union offering high-yield checking, money market, and consumer lending products with strong mobile banking. Comparable on competitive deposit pricing.
• Firstmark Credit Union: Texas-based community credit union serving San Antonio and surrounding markets with similar consumer and business banking products. Directly comparable mid-sized Texas peer.
• Digital Federal Credit Union (DCU): Digital-first community credit union nationally known for high-yield deposit products and modern mobile platform. Closest peer on digital-first, rate-led strategy.
• Alliant Credit Union: National community credit union with digital-first model, high-yield deposit products, and inclusive membership. Closest peer on nationwide digital reach and member value proposition.
• Bethpage Federal Credit Union: Large community credit union with similar full-service product suite including consumer lending, mortgages, business banking, and digital platforms. Comparable mid-to-large community credit union peer.
• University Federal Credit Union (UFCU): Texas-based credit union with strong digital banking platform and comparable loan/deposit product mix. Overlapping member base in Austin and Central Texas.
• Randolph-Brooks Federal Credit Union (RBFCU): Major Texas-headquartered community credit union with comparable deposit products, lending, and mobile banking capabilities. Similar member-owned model and high-yield deposit focus.
• Security Service Federal Credit Union: Large Texas-based community credit union with similar consumer and business banking offerings and multi-branch regional presence. Closest comparable on geography and member base.

Broad incumbents

• Pentagon Federal Credit Union (PenFed): Large national credit union offering competitive deposit rates and a full suite of consumer/business products. Broader scale and brand awareness but similar cooperative model and product strategy.
• SchoolsFirst Federal Credit Union: Large California-based community credit union with comprehensive consumer, business, and digital banking services. Comparable diversified community credit union operating model.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xx.com/mobilitycu
• Facebookfacebook.com/MobilityCU
• LinkedInlinkedin.com/company/mobility-credit-union

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles16 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Mobility Credit Union