Overview

Smart Financial Credit Union is a member-owned financial cooperative serving Houston with a full range of personal and business banking services, including checking and savings, money market accounts, CDs, auto loans, mortgages, personal loans, and home equity lines of credit, plus online and mobile banking and insurance through Smart Insurance Group. It funds its products by pooling members’ deposits and aims to offer competitive rates and low fees to benefit members rather than generate profits. Its difference comes from its not-for-profit, cooperative structure and its focus on the local community and financial education, developed from its origins as a teachers' credit union founded in 1934. Its goal is to support the financial well-being of its members and scale through the planned merger with TDECU, targeting a combined base of over 460,000 members and broader financial services.