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R E S O L U T I O N
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WHEREAS, Local credit unions play a vital role in the economy |
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of Texas, and in 2010, Community Resource Credit Union celebrated |
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75 years of service to the people of Baytown; and |
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WHEREAS, Founded as Humble Employees Baytown Federal Credit |
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Union in 1935, the institution accumulated assets of $1 million by |
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1958, enabling it to move off the premises of the Humble Oil |
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Company; in the 1960s, the credit union became one of the first to |
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offer its members share drafts, credit cards, and drafts for |
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open-ended loans; and |
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WHEREAS, A new building was constructed in 1970, and three |
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years later the name was changed to Exxon Baytown Credit Union; the |
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name was changed again in 2003 to Community Resource Credit Union, |
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and membership was opened up to employees of the Goose Creek, |
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Barber's Hill, and Crosby Independent School Districts; and |
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WHEREAS, Today, Community Resource Credit Union employs more |
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than 100 area Texans and disburses over $4.5 million in dividends |
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every year to its 30,000 members; in addition, the credit union |
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benefits its community by donating more than $50,000 annually to |
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local causes and organizations; and |
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WHEREAS, For three quarters of a century, Community Resource |
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Credit Union has provided its members with a range of important |
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financial services, making it a valued contributor to the welfare |
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and prosperity of Baytown; now, therefore, be it |
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RESOLVED, That the House of Representatives of the 82nd Texas |
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Legislature hereby commemorate the 75th anniversary of Community |
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Resource Credit Union and extend to its officers, staff, and |
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shareholders sincere best wishes for continued success; and, be it |
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further |
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RESOLVED, That an official copy of this resolution be |
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prepared for Community Resource Credit Union as an expression of |
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high regard by the Texas House of Representatives. |