Cy-Fair Federal Credit Union

What Cy-Fair Federal Credit Union does

Cy-Fair Federal Credit Union is a federally chartered, member-owned, not-for-profit cooperative financial institution headquartered in Houston, Texas, serving consumers, small and mid-sized businesses, non-profits, and school-affiliated segments across Harris County and Waller County. Founded in 1956, with predecessor roots to Prairie View FCU's 1937 charter, CFFCU operates six financial center branches (including divisions for Prairie View FCU and the recently merged Team Financial FCU), an ATM-only presence on the Lone Star College-Cy-Fair campus, and serves members through nationwide CO-OP shared branching (5,000+ locations) and the Allpoint ATM network (55,000+ surcharge-free ATMs).

The product platform spans personal deposit accounts (checking, savings, money market, share certificates, IRAs), consumer lending (auto, RV/boat, mortgage via FocusOne Mortgage Solutions partnership, home equity, personal loans, credit cards), and business banking (business checking, business money market, business loans, business credit cards, merchant services). The technology stack is cloud-hosted digital banking delivered via iOS/Android apps and web, with the eCU Technology Origins loan origination platform powering a ~5-minute online application flow. Member-facing technology features include SavvyMoney credit monitoring, Manage My Cards controls (turn on/off, spending limits, merchant/location blocking, real-time alerts), and the AI-powered chat assistant 'Penny' (launched March 2025). Differentiated sub-brand cards (Lone Star College Falcon Debit, PVAMU Panther, Prairie View Landmark, Global Good Platinum Rewards Mastercard) route a portion of interchange proceeds to partner non-profits and universities.

Revenue mechanics are characteristic of community credit unions: primary revenue is net interest income from the loan portfolio (auto, mortgage, home equity, personal, credit card, business), supplemented by fee income (overdraft, account maintenance such as the waivable $7 monthly checking fee, ATM out-of-network surcharges, wire transfers, paper statement fees) and transaction interchange income from debit and credit cards. Pricing is unit-based with low entry thresholds ($5 share deposit for membership, $25 minimum for checking) and rates set by creditworthiness rather than published schedules. Distribution combines a branch network, video banking, call center (281.571.5000), self-serve web/mobile applications, and affinity partnerships with Lone Star College, Prairie View A&M University, Texas Southern University, and the Cy-Fair Educational Foundation. Strategic direction emphasizes inorganic growth (Team Financial FCU merger completed January 2026; three additional mergers announced February 2026) alongside community-investment programs (Classroom Makeover, multi-channel scholarship program, Community Advisory Committee).

Name

Cy-Fair Federal Credit Union

Legal name

Cy-Fair Federal Credit Union

Website

https://cyfairfcu.org

Company type

Private

Founded year

1956

Operating status

Operating

Headcount range

101–250 employees

Short description

Cy-Fair Federal Credit Union is a federally chartered, member-owned credit union headquartered in Houston, Texas, providing personal and business banking, loans, mortgages, and credit cards to consumers, businesses, and university-affiliated segments across Harris and Waller Counties through six branches and a digital banking platform.

Ownership category

akta.pro rank

Product category

Retail Banking (Credit Union)

NAICS

Credit Unions (52213)

SIC

Savings Institution, Federally Chartered (6035)

akta.pro primary industry

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

akta.pro secondary industry

General Purpose Credit Cards (FSAKABAA)

Keywords

• Retail banking services
• Consumer lending
• Credit union services
• Mortgage lending
• Business banking

Headquarters

HQ city

Houston

HQ country

United States

HQ region

North America

Offices7 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

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

Revenue model

1. Net Interest Income (Loan Interest): Cy-Fair FCU earns interest income on its loan portfolio including auto loans, mortgages (via FocusOne), home equity, personal loans, credit cards, and business loans. Interest rates are determined by creditworthiness and loan term. This is the primary revenue driver for the credit union.
2. Fee Income: The credit union generates fee income from account maintenance fees (e.g., $7/month checking maintenance fee unless waived), overdraft fees, ATM fees for out-of-network usage, wire transfer fees, and paper statement fees ($2.50/month for credit card accounts not enrolled in eStatements). Some fees arewaivable based on account behavior.
3. Interchange Income (Debit/Credit Cards): Transaction interchange income from signature-based debit and credit card transactions. Additional proceeds from qualified purchases on specialty cards (Global Good Card, LSC Falcon Debit Card, PVAMU Panther Card) are directed to partner non-profits or universities rather than retained as revenue.
4. NCUA Share Insurance: Federally insured deposits backed by the National Credit Union Administration, providing a government guarantee on member savings up to $250,000.

Pricing tiers

Go-to-market motion2 records

Distribution channels7 records

Marketing channels8 records

Core offering

Cy-Fair Federal Credit Union is a member-owned, not-for-profit financial cooperative that delivers full-service retail banking and lending products to individuals, families, and businesses in Harris and Waller Counties, Texas. Its core offerings include deposit accounts (checking, savings, money market, certificates, IRAs), consumer loans (auto, RV/boat, personal, home equity, mortgages via FocusOne), credit cards, business banking (business accounts, business loans, merchant services), and community-branded debit cards (Lone Star College Falcon, PVAMU Panther, Prairie View Landmark). Distribution is delivered through six branch Financial Centers, online and mobile banking, video banking, a contact center, and the CO-OP shared branching and Allpoint ATM networks.

Product overview

Cy-Fair Federal Credit Union operates as a single-platform credit union offering a comprehensive suite of banking products organized into personal banking, business banking, and community-focused initiatives. The core platform consists of deposit accounts (checking, savings, money market, CDs/IRAs) and lending products (auto loans, mortgages via FocusOne Mortgage Solutions, home equity, personal loans, credit cards). Digital banking is delivered through online and mobile platforms with features including video banking, card controls (Manage My Cards), and Access Point for credit card management. The credit union differentiates through school spirit debit cards (Lone Star College Falcon Card, PVAMU Panther Card) and community programs (Global Good Card supporting WOCCU, Classroom Makeover, Scholarship Program). In 2025, the organization introduced Penny, an AI-powered chat assistant for 24/7 member support.

Differentiator

Problem solved

Functional benefit

Products and services

• Personal Checking Accounts Personal checking account options for individual members and families, including high-interest Z-Checking variant. Requires $25 minimum opening deposit; $7/month maintenance fee waivable by meeting monthly criteria. Anyone under 18 must have a parent or guardian present to open.
• Savings & Money Market Accounts Personal savings, money market, and Christmas Club savings accounts for individual members. Share Savings requires a $5 minimum opening deposit to establish membership.
• Certificates & IRAs Share certificates (CDs) and Individual Retirement Accounts (IRAs) for retirement and long-term wealth accumulation by individual members.
• Auto Loans Vehicle financing and refinancing for new and used vehicles, with promotional features including No Payments for 90 Days and a rate-beat guarantee on auto refinance. Rates determined by creditworthiness and term.
• RV/Boat/Recreation Loans Financing for recreational vehicles, boats, and other recreational equipment purchases by individual members.
• Mortgages & Home Equity Home purchase loans, refinancing, and home equity lines of credit for individual members, offered through the exclusive FocusOne Mortgage Solutions partnership. Includes Conventional, FHA, and VA mortgage options.
• Personal Loans & Lifestyle Loans Unsecured personal loans for individual members covering debt consolidation, lifestyle expenses, and other personal purposes, with rates determined by creditworthiness.
• Day & Night Platinum Credit Cards Platinum credit cards for individual members featuring rewards programs and balance transfer promotional rates. Night Platinum offers 0.00% APR for 12 months on balance transfers; Day Platinum offers 0% APR for 6 months. No balance transfer fees. Subject to credit approval.
• Global Good Platinum Rewards MasterCard Platinum Rewards MasterCard earning points on all purchases (redeemable for flights, gift cards, merchandise) with rates starting at 13.50% APR. A portion of proceeds from signature-based transactions over $5 benefits the Worldwide Credit Union Foundation's global financial inclusion efforts.
• Business Accounts Business checking and business money market accounts for sole proprietors, small businesses, and mid-sized enterprises, enabling separation of business and personal finances.
• Business Loans Commercial term loans and lines of credit for business members financing working capital, expansion, equipment, or other operational needs.
• Merchant Services Card payment processing and merchant acquiring services enabling business members to accept debit and credit card transactions.
• Lone Star College Falcon Debit Card School-affinity debit card for Lone Star College students, faculty, and community members. Generates donations to the Lone Star College Foundation from signature-based transactions at no additional cost to the cardholder. Requires a CFFCU checking account. PIN-based transactions do not generate donations.
• PVAMU Panther Debit Card School-affinity debit card featuring PVAMU branding, available to students, alumni, and supporters. Generates donations supporting PVAMU athletics from card transaction proceeds at no additional cost to the cardholder.
• Prairie View Landmark Card Community-affinity debit card featuring the Prairie View landmark mural artwork by Aliya Beechum. Proceeds from qualified purchases are donated to the City of Prairie View for city initiatives.

Quantifiable outcome

• Over 5,000 shared branch locations and 55,000+ surcharge-free ATMs available to members nationwide
• +2 more outcomes

Named customers5 records

Segments5 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration3 records

AI capability2 records

Feature4 records

Partnerships

Ten partnerships are on record, tiered core and minor.

• Team Financial FCU (a division of Cy-Fair FCU)coreStrategic or Co-development Partner · 8 January 2026Team Financial Federal Credit Union merged with Cy-Fair FCU and now operates as a division. Members gain access to all CFFCU branch locations, nationwide shared branching, and enhanced products and services. Account conversion completed with new debit cards issued and new routing number (313083235) in effect. Team Financial members can use both TFFCU and CFFCU locations.
• FocusOne Mortgage SolutionscoreChannel Partner/ Reseller/ DistributorFocusOne Mortgage Solutions is the exclusive mortgage lending partner for Cy-Fair FCU, serving members seeking home purchase and refinance loans. The partnership offers Conventional Fixed Rate (30-year & 15-year), FHA, and VA mortgage products. FocusOne works exclusively with credit unions. Members can apply online at cyfairfcumymortgage-online.com or call 832.912.2142.
• CO-OP Financial Services (Shared Branching)coreTechnology or IntegrationCO-OP provides the shared branching network enabling Cy-Fair FCU members to access over 5,000 branch locations nationwide for deposits, withdrawals, transfers, and loan payments. Members identify Cy-Fair FCU and provide their account number at participating CO-OP locations.
• Allpoint (ATM Network)coreTechnology or IntegrationAllpoint provides surcharge-free ATM access for Cy-Fair FCU members at over 55,000 ATMs nationwide. Members can withdraw cash without ATM surcharge fees at any Allpoint network ATM.
• World Council of Credit Unions (WOCCU)minorStrategic or Co-development PartnerWOCCU is the global trade association and development organization for credit unions. Through the Global Good Card, a portion of proceeds from qualifying transactions benefits WOCCU's efforts to provide financial inclusion to millions globally across Latin America, Africa, Asia, Caribbean, Europe, North America, and Oceania.
• Lone Star CollegecoreStrategic or Co-development PartnerLone Star College partnership delivers the LSC-CyFair Falcon Debit Card, which generates donations to the Lone Star College Foundation from signature-based card transactions. An ATM-only location is also maintained on the LSC-CyFair campus. $0.10 donated per qualifying transaction.
• Prairie View A&M UniversitycoreStrategic or Co-development PartnerPVAMU partnership produces the PVAMU Panther Debit Card supporting university athletics. Donations are generated from card transaction proceeds at no additional cost to cardholders. The Prairie View FCU division was originally founded in 1937 to serve PVAMU employees. PVAMU scholarship programs are also offered.
• eCU TechnologycoreTechnology or IntegrationeCU Technology provides the Origins loan origination platform (patented) used by Cy-Fair FCU for all loan applications including auto loans, personal loans, mortgages, home equity, and credit cards. The online application flow takes approximately 5 minutes to complete.
• Prairie View FCU (a division of Cy-Fair FCU)coreStrategic or Co-development PartnerPrairie View Federal Credit Union merged with Cy-Fair FCU, operating now as a division. PVFCU's rich history began in 1937 serving Texas's first state-supported college for African Americans. PVFCU maintains its own branding, location in Prairie View, TX, and lobby hours. PVFCU serves PVAMU students and the Prairie View community.
• Cy-Fair Educational Foundation (CFEF)minorStrategic or Co-development PartnerCy-Fair FCU partners with the Cy-Fair Educational Foundation through community events. A Bingo Night co-hosted by Cy-Fair FCU, CYFEN, and Creekwood Grill raised over $7,000 for the CFEF.

Scale indicators3 records

Recent moves9 records

Expansion highlights6 records

Direct peers

• Randolph-Brooks Federal Credit Union (RBFCU): Large Texas-based federally chartered community credit union with a similar multi-branch, full-service retail banking model. Comparable scale signals and Texas market overlap make it one of the most directly comparable peers, especially for the M&A-driven growth thesis.
• Security Service Federal Credit Union: Texas-based federally chartered credit union offering a similar suite of deposits, consumer loans, mortgages, and credit cards. Comparable footprint, charter type, and full-service consumer and business banking model to Cy-Fair FCU.
• TDECU (Texas Dow Employees Credit Union): Houston-area credit union serving consumer and business members with full-service banking. Geographic overlap and similar community-banking positioning make it a strong direct peer for the Houston metro.
• Houston Federal Credit Union: Houston-based community credit union serving local consumers with deposits and consumer lending. Direct competitor within the same Houston/Cypress geography for retail banking members.
• SchoolsFirst Federal Credit Union: California credit union built around the K-12 and education community with affinity debit cards and member education programs. Highly comparable on the education/community moat and product structure that distinguishes Cy-Fair.
• Associated Credit Union of Texas: Texas-based community credit union serving the Greater Houston and Galveston region with personal and business banking. Comparable product breadth and Houston-area competitive dynamics.
• First Service Credit Union: Houston-area community credit union offering consumer and mortgage lending plus digital banking. Direct competitor for Houston retail deposits and consumer loan volume.
• JSC Federal Credit Union: Houston-area community credit union with select employer group and member-base growth strategy. Useful comparable for SEGs, digital banking investment, and consumer lending economics within the Houston market.
• Alliant Credit Union: Federally chartered, member-owned digital-forward credit union with a national footprint. Comparable on the member-owned, tech-enabled, full-service consumer banking model that Cy-Fair is migrating toward.
• Connexus Credit Union: Federally chartered community credit union delivering digital banking, consumer lending, and affinity/community partnerships. Strong comparable for the combination of branch, digital, and community-engagement strategy.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks5 records

Key highlights7 records

Customer concentration

• Xx.com/CyFairFCU

Compliance4 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Subsidiaries2 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 Cy-Fair Federal Credit Union