Concho Valley Credit Union

What Concho Valley Credit Union does

Concho Valley Credit Union is a member-owned, non-profit cooperative financial institution headquartered at 1002 South Abe St., San Angelo, Texas, operating under a Texas Credit Union Department charter and federal NCUA deposit insurance (NMLS #716532). Founded in 1930 as Postal Credit Union to serve postal workers, the institution was renamed Concho Valley Government Employees Credit Union in 1980 and again to Concho Valley Credit Union in 2005, and has progressively broadened its field of membership to include postal, federal, state, county, and city employees across twelve surrounding counties and all persons who live, work, or worship in Tom Green County.

The credit union delivers retail banking services through one physical branch with lobby and drive-thru operations, complemented by a digital online banking platform (Mobicint for member login) and the EZ Card online card management portal. Its product set spans deposit products (Shares, Share Draft checking, Money Market, 3/6/12-month Term Share Certificates, Traditional and Roth IRAs, HSAs, Club Accounts) and consumer lending products (new and used auto loans at 4.00%–5.00% APR, boat, motorcycle, motor home, camper and travel trailer loans, mortgages, unsecured personal loans at 8.9% APR, share/certificate-secured loans, and MasterCard / MasterCard Gold credit cards), supplemented by Skip-A-Pay payment deferral, GAP insurance, Credit Life and Disability insurance, overdraft protection, safe deposit boxes, wire transfers, and direct deposit.

Revenue is generated primarily from net interest income on the loan portfolio (auto, mortgage, consumer, credit card), dividends paid out on share and certificate accounts, and transactional fees (overdraft, wire transfer, account closure, Skip-A-Pay). The credit union is governed by nine member-elected directors, has no parent company, no subsidiaries, no outside investors, and no disclosed funding rounds; revenue and headcount figures are not publicly disclosed. The credit union completed a merger with San Angelo TWC Credit Union, integrating its members into the institution.

Name

Concho Valley Credit Union

Legal name

Concho Valley Credit Union

Website

https://conchovalleycu.com

Company type

Private

Founded year

1930

Operating status

Operating

Short description

Concho Valley Credit Union is a member-owned, non-profit cooperative bank headquartered in San Angelo, Texas, serving Tom Green County residents and government employees across twelve surrounding counties with deposits, consumer loans, mortgages, and credit cards from a single branch and online banking platform.

Ownership category

akta.pro rank

Product category

Consumer Banking (Credit Union)

NAICS

Credit Unions (52213), Depository Credit Intermediation (5221)

SIC

Savings Institutions, Not Federally Chartered (6036)

akta.pro primary industry

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

akta.pro secondary industry

Public Sector & Municipal Credit Unions (FSABAEAK)

Keywords

• Consumer banking services
• Credit union lending
• Deposit accounts
• Retail financial services
• Mortgage and auto loans

Headquarters

HQ city

San Angelo

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

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

Revenue model

1. Loan Interest: Interest income from various loan products including auto loans, personal loans, mortgages, credit cards, and other lending products.
2. Share Account Fees and Minimums: Monthly or quarterly dividend payments to members on share accounts, IRAs, and certificate accounts.
3. Service Fees: Various service fees including overdraft fees, wire transfer fees, account closure fees, ATM fees, and other banking service charges.

Pricing tiers

Go-to-market motion1 record

Distribution channels2 records

Marketing channels3 records

Core offering

Concho Valley Credit Union is a member-owned, non-profit cooperative financial institution that provides consumer banking products and services to eligible members in Tom Green County and surrounding Texas counties. Its core offering spans deposit accounts (Shares, Share Draft/Checking, Money Market, Club, IRA, HSA, Term Share Certificates) and a full range of consumer loans (auto, boat, motorcycle, motor home, camper/travel trailer, personal, mortgage, MasterCard credit cards, share/certificate secured loans), supported by online banking, bill pay, wire transfer, safe deposit box, direct deposit, and overdraft protection services.

Product overview

Concho Valley Credit Union offers a comprehensive suite of financial products and services centered around its core banking platform. The product portfolio includes traditional deposit accounts (Shares, Share Draft/Checking, Money Market, Club Accounts), term deposit products (Term Share Certificates, IRA Accounts including Roth IRA, and Health Savings Accounts), and a full range of lending products (New and Used Auto, Boat, Motorcycle, Motor Home, Personal, Mortgage, Credit Cards, and Share Secured Loans). Supporting services include Online Banking with Bill Pay, Skip-A-Pay deferral service, overdraft protection, wire transfers, safe deposit boxes, direct deposit, and optional insurance products (Credit Life, Disability, and GAP insurance). The credit union operates primarily from its San Angelo, Texas location serving members in the surrounding counties.

Differentiator

Problem solved

Functional benefit

Products and services

• Shares Account
• Share Draft Account (Checking)
• Money Market Account
• Term Share Certificates
• IRA Accounts
• Health Savings Accounts (HSAs)
• Club Accounts
• New Auto Loans
• Used Auto Loans
• Boat Loans
• Motorcycle Loans
• Motor Home Loans
• Camper and Travel Trailer Loans
• Personal Loans
• MasterCard Credit Cards
• Mortgage Loans
• Certificate or Share Secured Loans
• Online Banking
• Online Bill Pay
• Overdraft Protection
• Safe Deposit Boxes
• Wire Transfer Services
• EZ Card
• Direct Deposit

Segments4 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature2 records

Scale indicators1 record

Recent moves6 records

Expansion highlights4 records

Broad incumbents

• Texas Bay Credit Union: Houston-based credit union serving members across the Greater Houston area with deposit accounts, consumer loans, mortgages, and credit cards. Comparable as a Texas community credit union with similar member-owned cooperative structure and product offerings.
• Firstmark Credit Union: San Antonio-based Texas credit union offering deposit accounts, consumer loans, mortgages, and credit cards to members across South/Central Texas. Comparable as a Texas community credit union with a similar product mix and member-owned cooperative structure.
• Alliant Credit Union: Digital-first U.S. credit union serving members nationwide with deposit accounts, consumer loans, and credit cards at competitive rates. Comparable as a member-owned credit union offering the same core consumer banking products, representing the digital-native competitive threat to community-based credit unions.
• Randolph-Brooks Federal Credit Union (RBFCU): One of the largest credit unions in Texas, headquartered in Universal City, serving a broad geography with similar deposit and consumer lending products. Comparable as a Texas retail credit union competing for similar consumer banking customers, though much larger and with broader membership eligibility.
• Amplify Credit Union: Austin, Texas-based credit union serving members across Texas with full-service retail banking, consumer lending, and digital banking capabilities. Comparable as a Texas community credit union with similar deposit/loan product mix and member-owned cooperative structure.
• Security Service Federal Credit Union: San Antonio-based federal credit union serving a multi-county Texas region with comparable deposit accounts, consumer lending, and mortgage products. Comparable as a Texas community credit union with similar full-service retail offerings including auto loans, mortgages, and credit cards.
• TDECU (Texas Dow Employees Credit Union): Lake Jackson, Texas-based credit union serving members statewide with full retail banking including consumer loans, mortgages, and deposit products. Comparable as a Texas member-owned cooperative credit union with similar deposit and lending product offerings.

Regional players

• First Financial Bank (San Angelo / Texas): Texas-based community bank with branches across West Texas including San Angelo, offering deposit accounts, consumer loans, mortgages, and business banking. Comparable as a San Angelo-based community financial institution competing for the same consumer banking customers in the same geography.
• San Angelo Community Bank: Local San Angelo community bank serving West Texas with deposit accounts, consumer loans, mortgages, and small business banking. Comparable as a same-geography community financial institution competing directly with Concho Valley for local consumer banking relationships.

Direct peers

• GECU (Government Employees Credit Union): El Paso, Texas-based credit union originally founded for government employees that has since expanded to community membership. Comparable as a Texas community credit union with origins in government employee membership and a similar member-eligibility structure to Concho Valley.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 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 Concho Valley Credit Union