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Austin Telco 80th Anniversary

On June 18th, 2021 Austin Telco Federal Credit Union will celebrate its 80th anniversary.  In 1941, Telco was started to serve the employees of Southwestern Bell in the Austin area. On August 31, 1941, two months after starting the credit union, Austin Telco reported to have 49 members with a share balance of $338.45, loan balance of $170.00, and cash in the bank amount of $132.50.

80th anniversary


Austin Telco continued to grow and in August of 1982 purchased the first corporate office building, the HWY 290 location. Telco out grew the 290 location as a corporate office and in April of 1994, moved its headquarters to the Shoal Creek branch. In 2014, Austin Telco purchased Balcones Centre, located at 11149 Research Blvd., which will be the new office headquarters in the coming years.

Joe and others

HWY 290 - 1982 Grand Opening

Corporate Office Shoal Creek Branch

Corporate Office Shoal Creek Branch - Opened 1994

Balcones Centre

On January 23rd, 2004, the National Credit Union Administration approved Austin Telco as a community chartered credit union. This allowed Austin Telco to open its membership to anyone who lives, works, worships, attends school or volunteers in the 5 county Austin Metro area. Austin Telco was aggressive in opening new branches and ATM locations, which has made membership more accessible, with our newest addition Burnet county in 2020.

Austin Telco has come a long way since 1941. Currently, Austin Telco is the 2nd largest Austin based credit union, with over $2.2 billion in assets and our membership base currently more than 90,000 strong. We have 24 locations to serve our members throughout the Austin Metro area. Austin Telco has maintained its commitment to stability and growth.
 
We would like to thank our members for putting their trust in Austin Telco. Our growth can be attributed in so many ways to the faithful support of our loyal members.


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