CHEMCEL FEDERAL CREDIT UNION

Welcome to Chemcel, your trusted financial partner located at 5740 County Road 4, Bishop, TX 78343. Since opening our doors in 1951, we have been dedicated to serving our community and providing exceptional banking solutions tailored to meet the needs of our 9,402 members. At Chemcel, we pride ourselves on being more than just a credit union; we are a vital part of the community, committed to helping you achieve your financial goals. With total assets of $159,917,322 and total deposits amounting to $23,746,314, we ensure that your savings are safe and secure while also offering competitive loans and services. Our loan portfolio consists of 7,038 loans, providing opportunities for personal loans, auto financing, mortgages, and more. Under the leadership of CEO Michael Engel and Board President Ken May, our team of 35 dedicated employees is here to support you every step of the way. We aim to provide personalized service that meets your unique financial needs. Whether you're looking for online banking convenience or in-person assistance at our branch, we are here for you. While members can visit us at our branch location in Bishop, official correspondence should be sent to the same address: 5740 County Road 4, Bishop, TX 78343. For any questions or to learn more about our services like checking accounts, auto loans, and business banking options, feel free to reach out at (361) 584-6246. Join us at Chemcel today your journey towards better financial health starts here! Explore more about us on our website: www.chemcel.org.

At Chemcel, we believe that joining our community is about more than just banking it's about being part of a supportive family that values your financial well-being. Becoming a member is simple and welcoming! If you live, work, worship, or attend school in the Bishop area, you may be eligible for membership. We embrace individuals from diverse backgrounds, making it easy for you to access our range of services designed to meet your needs. For full details on eligibility criteria, feel free to visit this link where you'll find all the information you need. Once you're ready to join us at our branch located at 5740 County Road 4, Bishop, TX 78343, opening an account is a breeze! Our friendly staff is here to assist you every step of the way. You can reach out to us at 361-584-6246 if you have any questions or need assistance with the application process. We can't wait to welcome you into the Chemcel family!

At Chemcel, financial security is not just a goal it's a promise. Our members count on us for stability, and we take that responsibility seriously. We are proud to share that our financial strength reflects our commitment to serving you effectively and reliably. With a net worth of $20,084,949, we maintain strong financial health, allowing us to offer better rates, lower fees, and enhanced member services. Our net worth ratio of 12.53% demonstrates a solid capital foundation, ensuring that we can continue providing loans, competitive savings rates, and uninterrupted services even in uncertain economic times. Members' savings are secured through $52,080,374 in share certificates and $10,693,289 in money market shares, offering stable and rewarding financial growth opportunities. Unlike traditional banks, we prioritize our members. With non-member deposits at $0, we ensure that our resources are focused on benefiting you through better loan rates, lower fees, and exclusive perks. Additionally, with $18,733,503 in undivided earnings, we reinvest in innovative banking tools, stronger lending options, and enhanced security measures to serve our members better. Our lending capacity is evident as we have $16,108,129 in used auto loans and a total of $98,361,582 in loans and leases, supporting members' financial goals across various sectors. Our net income of $1,030,681 reflects our operational efficiency. This enables us to continue offering competitive loan rates and solid financial products for our members. We also take pride in having 32 full-time employees and 3 part-time employees, ensuring our branches are always ready to serve you with a knowledgeable and committed team. The total share accounts at Chemcel stand at 19,134, showcasing a strong and growing member base that trusts us with their finances. Our financial strength means we can continue serving you with confidence. Whether you're saving, borrowing, or planning for the future, Chemcel is your trusted partner. Visit us at 5740 County Road 4 Bishop TX 78343 or call 361-584-6246 to learn more about how we can help you achieve your financial goals. *Performance insights and financial data are sourced from the National Credit Union Administration (NCUA) at: https://www.ncua.gov based on the latest results.*