Question 1

What is Seagoville Credit Union?

Accepted Answer

Seagoville Credit Union is a federally chartered credit union based in Seagoville, Texas, serving the local community in the Dallas County area. With approximately 888 members and over $16.3 million in total assets, this community-focused financial institution operates as a member-owned cooperative dedicated to providing personalized banking services.

The credit union specializes in serving residents and workers in the Seagoville area and surrounding communities. As a smaller credit union, Seagoville Credit Union emphasizes close relationships with its members and tailored financial solutions.

Question 2

When was Seagoville Credit Union founded?

Accepted Answer

[Information not publicly available]

While specific founding details are not readily available, Seagoville Credit Union has been serving the Seagoville, Texas community for multiple decades. The credit union operates under federal charter number 6008 and is regulated by the National Credit Union Administration (NCUA).

Question 3

Where is Seagoville Credit Union headquartered?

Accepted Answer

Seagoville Credit Union is headquartered at 2209 N Highway 175 in Seagoville, Texas. The city of Seagoville is located in Dallas County, positioned in the southeastern Dallas-Fort Worth metropolitan area.

This strategic location along Highway 175 provides convenient access for members in the local community and surrounding areas.

Question 4

Where does Seagoville Credit Union operate?

Accepted Answer

Seagoville Credit Union primarily serves the Seagoville, Texas area and the surrounding communities in Dallas County. The credit union maintains its single location on North Highway 175, focusing on providing localized financial services to area residents, workers, and their families.

Membership is typically available to individuals who live, work, worship, or attend school in the credit union's defined field of membership within the greater Seagoville community.

Question 5

What services does Seagoville Credit Union offer?

Accepted Answer

Seagoville Credit Union provides a comprehensive range of financial products and services to meet member needs. These include savings accounts (share accounts), checking accounts, and various loan products including auto loans for new and used vehicles, trailers, motorcycles, and boats.

The credit union also offers Visa debit cards for member convenience. Members can access their accounts through online resources and utilize the CO-OP ATM network, which provides surcharge-free access to thousands of ATMs nationwide, though a nominal $1.00 cash withdrawal fee from the credit union applies.

Additional services include credit reporting assistance, with the credit union utilizing Experian for loan applications. Members can also access resources for vehicle pricing through partnerships with Kelley Blue Book, J.D. Power, and Edmunds.

Question 6

What makes Seagoville Credit Union unique?

Accepted Answer

Seagoville Credit Union distinguishes itself through its strong community focus and personalized service approach. As a smaller credit union with under 900 members, the institution is able to provide individualized attention and build lasting relationships with each member.

The credit union's commitment to financial education is evident through its provision of resources for credit report monitoring, vehicle valuation tools, and fuel economy information. Members benefit from the cooperative credit union structure, where profits are returned to members through competitive rates and lower fees rather than distributed to outside shareholders.

Despite its smaller size, Seagoville Credit Union demonstrates strong financial health with a net worth ratio exceeding 20%, indicating excellent capital strength and stability. The credit union's loan-to-share ratio of approximately 52% reflects a conservative lending approach that balances member loan needs with financial safety.

Question 7

What type of financial institution is Seagoville Credit Union?

Accepted Answer

Seagoville Credit Union is a federally chartered credit union, operating under federal charter number 6008 and regulated by the National Credit Union Administration (NCUA). All member deposits are insured up to $250,000 by the National Credit Union Share Insurance Fund (NCUSIF), backed by the full faith and credit of the United States government.

As a federal credit union, Seagoville Credit Union operates as a not-for-profit cooperative financial institution owned by its members. Each member has equal voting rights regardless of account balance, embodying the credit union philosophy of "people helping people."

Membership is based on a common bond, typically including individuals who live, work, worship, or attend school within the credit union's designated field of membership in the Seagoville area. Family members of existing members are also typically eligible to join.

Seagoville Credit Union

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About Seagoville Credit Union in the United States