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R E S O L U T I O N
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WHEREAS, The year 2006 marked the 75th anniversary of the |
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founding of Credit Union of Texas; and |
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WHEREAS, Established in 1931 as Dallas Teachers Credit Union, |
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the institution was the first teachers credit union in the state; |
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and |
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WHEREAS, Membership grew rapidly, reaching more than 27,000 |
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by the early 1970s; in 1988, Dallas Teachers Credit Union began |
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providing community-based service for residents of the Dallas |
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metroplex, and in 2001, it adopted a new name to more accurately |
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reflect its diverse membership base; and |
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WHEREAS, The organization has had a number of affiliates who |
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have made a notable mark on the credit union movement; J. S. Henry |
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was among the signers of the constitution and bylaws for the Texas |
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Credit Union League, and H. B. Yates, the first president of Dallas |
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Teachers Credit Union, was a Texas Credit Union League director and |
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a director of the Credit Union National Association; another former |
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president of Dallas Teachers Credit Union, Jack Mitchell, was |
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instrumental in organizing the Credit Union Executives Society, |
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serving as its first chair, and Ed Hale, a former manager of Dallas |
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Teachers Credit Union, worked on legislation to allow credit unions |
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to meet the needs of members and served as chair of the board of the |
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Texas Credit Union League; and |
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WHEREAS, Today, Credit Union of Texas serves nearly 200,000 |
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individuals who live, work, or attend school in Dallas, Collin, and |
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Rockwall Counties, as well as parts of Denton County; and |
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WHEREAS, For three quarters of a century, Credit Union of |
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Texas has given exceptional service and provided hardworking |
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citizens with financial assistance to realize their dreams, and it |
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is a pleasure to recognize the valuable contributions of this Lone |
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Star institution; now, therefore, be it |
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RESOLVED, That the House of Representatives of the 80th Texas |
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Legislature hereby congratulate Credit Union of Texas on its 75th |
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anniversary and extend to all those associated with the |
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establishment best wishes for the future; and, be it further |
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RESOLVED, That an official copy of this resolution be |
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prepared for Credit Union of Texas as an expression of high regard |
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by the Texas House of Representatives. |