HOW TEX MEX CREDIT UNION BEGAN
On February 4th 1953 applied for a State Charter Credit Union under the Name of Tex-Mex Railway Employees Credit Union. Original 10 shareholders all Railway Employees were:
| W.E. Chenney | H.M. Lacour |
| Joe E. Garcia Jr. | Leopoldo A. Almaguer |
| J.P. Devine | M. Conring |
| J.M. Benavides Jr | Manuel G. Gutierrez |
| H.L. Teal | W.A. Rivas |
On March 9, 1953 the charter was granted. The Credit Union was established so the employees and their families have a place to save money and control their finances.
The first meeting was held on March 26th 1953 and 7 board members were elected: | R.J. Notzon | J.M. Benavides, Jr. |
W.E. Chenney
| H.W. Newton |
J.R. Gonzalez
| Antonio Ramirez |
| A.G. Garcia. |
|
The Credit Union was located in the back storeroom of the Tex Mex Railway offices on Corpus Christi Street. 