DuGood Federal Credit Union

Retail Banking (Credit Union)dugood.org

DuGood Federal Credit Union is a federally chartered, member-owned cooperative bank serving consumers, students, and small businesses across ten Southeast Texas counties through twelve branches and a digital banking platform with deposit, lending, and wealth management products.

Company typePrivate
Founded1962
HeadquartersBeaumont, United States
Headcount101–250
GTM typeB2C
OfferingServices

What DuGood Federal Credit Union does

DuGood Federal Credit Union is a federally chartered, member-owned, not-for-profit financial cooperative headquartered in Beaumont, Texas, serving consumers, students, small-to-medium businesses, and wealth management clients across ten Southeast Texas counties including Jefferson, Hardin, Orange, Jasper, Newton, Tyler, Chambers, Montgomery, Liberty, and Galveston. Founded in 1962 and operating from twelve physical branches with a dedicated Nederland Mortgage Center, DuGood delivers a full-service retail and commercial banking platform spanning deposit products (basic, Advantage, Hi-Yield, Student, and LIT Student checking; savings; money market; certificates; IRAs; HSAs), consumer and commercial lending (auto, mortgage, home equity, refinance, land, construction, personal, business line of credit, equipment, and commercial real estate), and credit cards.

The technology stack is a standard third-party digital banking platform layered with feature integrations: online banking, iOS/Android mobile app, remote check deposit, Zelle peer-to-peer payments, CardValet card controls, ClickSWITCH account switching, digital wallet support (Apple Pay, Google Pay, Samsung Pay), Money Management, eStatements, and a Buy Now, Pay Later module launched in July 2025 at 15.99% APR for eligible debit card holders. Wealth management is delivered through a partnership with LPL Financial via a single named CFS Financial Advisor, Violetta Propps, while insurance products are offered via Travelers and auto-shopping via GrooveCar.

The business model relies primarily on net interest income from lending, with secondary streams from transaction fees (overdraft, ATM, wire transfer, account research), interchange, and managed-services revenue from the LPL wealth partnership. Membership is open to those who live, work, or worship in designated Texas counties, and members gain access to thousands of surcharge-free ATMs through the CO-OP Shared Branch network. The institution is regulated and federally insured by the NCUA, holds BBB A+ accreditation, and operates under WCAG 2.2 AA accessibility conformance reviewed in April 2025; it has no parent company, no venture ownership, and no publicly disclosed financial metrics.

DuGood Federal Credit Union firmographics

Firmographics

Name: DuGood Federal Credit Union
Legal name: DuGood Federal Credit Union
Website: https://dugood.org
Company type: Private
Founded year: 1962
Operating status: Operating
Headcount range: 101–250 employees
Short description: DuGood Federal Credit Union is a federally chartered, member-owned cooperative bank serving consumers, students, and small businesses across ten Southeast Texas counties through twelve branches and a digital banking platform with deposit, lending, and wealth management products.
Ownership category
akta.pro rank

DuGood Federal Credit Union industry classification

Industry

Product category: Retail Banking (Credit Union)
NAICS: Credit Unions (522130), Credit Unions (52213)
SIC: Savings Institution, Federally Chartered (6035)
akta.pro primary industry: Community Credit Unions (Retail/Consumer Focus) (FSABAEAA)
akta.pro secondary industries: Core Banking & Ledger Systems (Cloud Core, Deposits, Accounts) (FSAGAAAC), Bank & Credit Union Personal Loans (Unsecured Installment) (FSAKAAAL)

Keywords

Retail banking services
Consumer lending
Credit union services
Mortgage and auto loans
Wealth management

Where DuGood Federal Credit Union is headquartered

Location

Headquarters

HQ city: Beaumont
HQ country: United States
HQ region: North America

Offices12 records

Markets served

DuGood Federal Credit Union business model

Business model

GTM type: B2C
Offering type: Services
Cost components: Personnel, Operations, Infrastructure, Technology or R&D, Marketing or Sales, Others

Revenue model

Interest Income: Revenue from interest earned on loans including auto loans, home mortgages, home equity loans, personal loans, and credit cards
Fee Income: Various banking fees including overdraft fees, ATM fees, wire transfer fees, account research fees, and loan-related fees
Wealth Management Services: Financial advisory services offered through partnership with LPL Financial including mutual funds, annuities, and investment management

Pricing tiers

Model	Billing	Price
Subscription	Monthly	Advantage Checking
Subscription	Monthly	Hi-Yield Checking
Subscription	Monthly	Student Checking
Unit Pricing	Monthly	Debt Consolidation Loans
Unit Pricing	Monthly	Auto Loans
Unit Pricing	Monthly	Home Loans
Transaction based/ take rate	Pay-as-you-go	Buy Now, Pay Later
Subscription	Monthly	Credit Cards

Go-to-market motion1 record

Distribution channels5 records

Marketing channels6 records

DuGood Federal Credit Union product offering

Product offering

Core offering

DuGood Federal Credit Union is a federally chartered, member-owned credit union offering consumer and business banking products and services, including checking and savings accounts, auto, home, personal, and commercial loans, credit cards, wealth management, and digital banking (online and mobile). It operates 12 branch locations across Southeast Texas and serves members in Jefferson, Hardin, Orange, Jasper, Newton, Tyler, Chambers, Montgomery, Liberty, and Galveston counties.

Product overview

DuGood Federal Credit Union is Southeast Texas' Best Credit Union offering a comprehensive banking platform with multiple account types and lending products. The core banking platform consists of consumer and business deposit accounts (checking, savings, money market, certificates, IRA, HSA), consumer and business lending (auto, mortgage, home equity, personal, credit cards, commercial), and digital banking services. Key product modules include Online and Mobile Banking platforms with fraud detection, digital wallet support, and card controls; Wealth Management through LPL Financial partnership; and Buy Now/Pay Later service. The product portfolio spans consumer banking (Basic/Advantage/Hi-Yield/Student checking, savings, loans), business banking (checking, savings, credit cards, commercial real estate, equipment loans), and specialized services (calculators, scholarships, rewards programs).

Differentiator

Problem solved

Functional benefit

Products and services

Savings Account

Companies that use DuGood Federal Credit Union

Customer profile

Segments4 records

Ideal customer profiles4 records

DuGood Federal Credit Union technology and API

Technology

Technology focussed No

API detail

Has API: No
API docs
API detail

Core technology

AI maturity

App detail

Integration9 records

AI capability2 records

Feature6 records

DuGood Federal Credit Union partnerships and signals

Strategic signal

Partnerships

Six partnerships are on record, tiered core and minor.

CO-OP Credit UnionscoreChannel Partner/ Reseller/ DistributorCO-OP Shared Branch network provides DuGood members access to thousands of surcharge-free ATMs and shared branches nationwide. Network includes credit unions and select retail locations including 7-Eleven, Walgreens, and Costco.
LPL FinancialcoreImplementation/ SI/ Consulting PartnerSecurities and advisory services offered through LPL Financial, a registered investment advisor and broker-dealer (member FINRA/SIPC). Violetta Propps operates as a Financial Advisor under this partnership.
Travelers InsuranceminorGTM or Marketing PartnerTravelers Auto and Home Insurance offered as member discount through partnership
Google Ads (AdWords)minorGTM or Marketing PartnerDisplay advertising on Google Ads Network for marketing campaigns
FacebookminorGTM or Marketing PartnerInterest-based advertising and remarketing on Facebook and Meta affiliated sites
GrooveCar (EZ Auto Buying)minorChannel Partner/ Reseller/ DistributorOnline car shopping tool integrated into DuGood website for members to shop for vehicles

Scale indicators5 records

Recent moves6 records

Expansion highlights5 records

DuGood Federal Credit Union competitors and assessment

Company assessment

Direct peers

Smart Financial Credit Union: Houston-based community credit union serving the greater Texas Gulf Coast with consumer and business banking. Directly comparable to DuGood in geography (Southeast Texas), product mix (deposits, auto, mortgage, business lending), and member-owned cooperative structure.
Members Choice Credit Union: Houston-area community credit union offering full-service consumer and business banking. Closely mirrors DuGood's model: regional Texas footprint, member-owned, comparable deposit and lending products, NCUA-insured.
TDECU (Texas Dow Employees Credit Union): Largest credit union in the Houston/Southeast Texas region with a full suite of consumer, mortgage, business, and wealth products. Comparable product set to DuGood with broader geographic reach and larger scale.
First Community Credit Union: Houston-area community credit union offering consumer, mortgage, and business banking. Comparable in scale and product breadth to DuGood with similar community-cooperative positioning.
Associated Credit Union of Texas: League City, Texas-based community credit union serving the greater Houston/Gulf Coast region with consumer and business banking. Comparable to DuGood in target market and product mix.
Gulf Coast Educators Federal Credit Union: Southeast Texas community credit union headquartered in the same region as DuGood. Similar size, products (checking, savings, mortgages, auto), and member-owned cooperative charter.

Emerging players

Ally Bank: Digital-first bank competing with credit unions for deposits and consumer lending nationwide. Represents the digital-native benchmark that DuGood's mobile and online experience must match to retain members.

Broad incumbents

Wells Fargo: Large national bank with retail branches across Southeast Texas. Competes with DuGood across deposits, consumer lending, mortgages, and credit cards with significantly broader product portfolio.
JPMorgan Chase (Consumer & Community Banking): National incumbent bank with a large retail branch presence in Texas including Beaumont. Competes with DuGood for consumer deposits, mortgages, and small business banking at much greater scale.

Others

LPL Financial: Registered broker-dealer and RIA powering DuGood's wealth management offering. Not a competitor but a strategic infrastructure partner whose platform capabilities directly shape DuGood's investment product roadmap.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights6 records

Customer concentration

DuGood Federal Credit Union compliance and trust

Trust signal

Compliance4 records

DuGood Federal Credit Union financial estimates

Financial estimate

Revenue estimate

Valuation estimate

DuGood Federal Credit Union leadership team

Management profile

Number of profiles

Profiles1 record

DuGood Federal Credit Union funding detail

Funding detail

Funding overview

Funding rounds

Investors

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

DuGood Federal Credit Union M&A and investment

M&A and investment

M&A

Investments

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

Frequently asked questions about DuGood Federal Credit Union

What does DuGood Federal Credit Union do?

Is DuGood Federal Credit Union a public or private company?

DuGood Federal Credit Union is a private company. It is classified as nonprofit foundation owned and is currently operating.

When was DuGood Federal Credit Union founded?

DuGood Federal Credit Union was founded in 1962. It employs 101 to 250 people.

Where is DuGood Federal Credit Union based?

DuGood Federal Credit Union is headquartered in Beaumont, United States, in the North America region.

How does DuGood Federal Credit Union make money?

Three revenue lines are on record. Interest Income is the primary driver. The others are fee Income and wealth Management Services.

Who are DuGood Federal Credit Union's main competitors?

Direct peers on record are Smart Financial Credit Union, Members Choice Credit Union, TDECU (Texas Dow Employees Credit Union), First Community Credit Union, Associated Credit Union of Texas and Gulf Coast Educators Federal Credit Union. Ally Bank is listed as an emerging player. Broad incumbents are Wells Fargo and JPMorgan Chase (Consumer & Community Banking). LPL Financial is listed as an others.

Does DuGood Federal Credit Union have an API?

No public API is recorded for DuGood Federal Credit Union.

What industry is DuGood Federal Credit Union in?

DuGood Federal Credit Union's product category is Retail Banking (Credit Union). Its primary akta.pro industry code is FSABAEAA, Community Credit Unions (Retail/Consumer Focus), with a secondary code of FSAGAAAC, Core Banking & Ledger Systems (Cloud Core, Deposits, Accounts). Its NAICS code is 522130 and its SIC code is 6035.