Welcome to the Credit Union Department
The Credit Union Department is the state agency responsible for overseeing state-chartered credit unions in Texas. The Department's mission is to supervise, regulate and examine Texas credit unions in order to safeguard the public interest, protect the financial interests of credit union members, and promote public confidence in the credit union industry.
The Department invites applications for its Deputy Commissioner position. Applicants must be a graduate of a four-year college or university and have a minimum of 5 years practical experience in either the operations of a credit union or in the employment of a credit union regulatory agency. Additional information is available under the "Employment" link.
NASCUS Texas Directors College
The success and even some failures of credit unions can often be attributed to the effectiveness of their directors. A broad knowledge of the credit union industry and the confidence to ask questions of management, auditors, and examiners best enable directors to fulfill their duties and responsibilities successfully. To assist directors in this regard, the National Association of State Credit Union Supervisors (NASCUS) and the Cornerstone Credit Union League have extended an invitation to state and federal credit union board members, committee members, along with credit union management to this one-day educational event.
To register and see the agenda for the November 10 event on the campus of the University of Texas, Austin, Texas, click here.
Uniform Financial Institution Rating System (UFRIS)
Effective September 1, 2014, the Uniform Financial Institution Rating System (UFRIS) shall be the rating system used by the Department examiners for evaluating and categorizing the safety and soundness of credit unions on an ongoing, uniform, and comprehensive basis. For a PDF of the full document click here.
CAMELS Rating System Q&A
Effective September 1, 2014 the Department will be implementing the revised Uniform Financial Institutions Rating System (UFIRS or CAMELS rating system) which will be used on all examinations. A PDF with questions and answers on the new rating system is available at this link.
- October 2014
Rules Committee Meeting
Thursday, October 16, 2014
Friday, October 17, 2014
- Rules Committee Meeting
- February 2015
Friday, February 20, 2015
- Commission Meeting
- June 2015
Friday, June 19, 2015
- Commission Meeting