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SENATE RESOLUTION NO. 819
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WHEREAS, The Senate of the State of Texas is pleased to |
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recognize the Texas Bay Area Credit Union on the momentous |
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occasion of its 75th anniversary on May 18, 2011; and |
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WHEREAS, The Texas Bay Area Credit Union was founded in |
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1936 as the Houston Sinclair Refinery Employees' Federal Credit |
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Union on the site of the refinery; it had 864 members and more |
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than $28,000 in shares by the end of its first year; and |
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WHEREAS, The credit union was moved to a new location in |
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Pasadena in the 1970s, and by 1980, its accumulated assets were |
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more than $14 million; the Texas Bay Area Credit Union adopted |
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its current name in the 1990s, and by the year 2000, its |
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membership had grown to more than 22,000; and |
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WHEREAS, The Texas Bay Area Credit Union today serves more |
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than 25,000 members and employs nearly 100 area residents; it |
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offers three branch locations in Houston and Pasadena; it |
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supports higher education by awarding scholarships to members, |
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and it recently sponsored the 2010 Wings Over Houston Airshow; |
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and |
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WHEREAS, The Texas Bay Area Credit Union helps its members |
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achieve financial security and plays a vital role in the economy |
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of the communities it serves; now, therefore, be it |
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RESOLVED, That the Senate of the State of Texas, 82nd |
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Legislature, hereby extend to the members, administrators, and |
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staff of the Texas Bay Area Credit Union congratulations on the |
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institution's 75th anniversary and best wishes for continued |
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success; and, be it further |
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RESOLVED, That a copy of this Resolution be prepared for |
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the Texas Bay Area Credit Union to commemorate this special |
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occasion. |
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Jackson |
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President of the Senate |
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I hereby certify that the |
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above Resolution was adopted by |
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the Senate on April 20, 2011. |
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________________________________ |
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Secretary of the Senate |
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________________________________ |
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Member, Texas Senate |