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SENATE RESOLUTION NO. 156
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WHEREAS, The Senate of the State of Texas is pleased to |
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recognize City Credit Union, which is celebrating 75 years of |
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outstanding service as a premier financial institution; and |
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WHEREAS, Chartered on August 24, 1942, the City Employees |
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Credit Union was established by a small group of City of Dallas |
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employees who were concerned that traditional banks were not able |
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to adequately serve the Dallas community; and |
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WHEREAS, Operations began in the Police Detail room in the |
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basement of the old City Hall, and the organization's first |
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financial statement reflected total cash assets of $1,812; over |
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the years, the company has grown dramatically and now has assets |
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of more than $371 million; renamed City Credit Union in 1994, the |
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institution serves 42,000 members and has branches in Dallas, |
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Cooke, Grayson, and Ellis Counties; and |
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WHEREAS, The City Credit Union has thrived under the guidance |
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of past leaders who were dedicated to helping their members and |
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their communities, and since 2007, President and Chief Executive |
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Officer Sharon Moore has maintained the highest standards in |
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financial management and customer service; in 2016, the credit |
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union was awarded its second Five-Star rating from Bauer |
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Financial, and today, the institution is considered to be among |
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the strongest financial institutions in the nation; and |
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WHEREAS, In celebration of 75 years of service, City Credit |
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Union is focusing on contributing to Random Acts of Kindness in |
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2017 and supporting other local charities through member and |
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associate contributions; now, therefore, be it |
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RESOLVED, That the Senate of the State of Texas, 85th |
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Legislature, hereby commend the staff and administrators of City |
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Credit Union for their many contributions to the Dallas community |
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and the state and congratulate them on 75 years of service; and, |
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be it further |
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RESOLVED, That a copy of this Resolution be prepared for |
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the credit union as an expression of esteem from the Texas Senate. |
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West |
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________________________________ |
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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 February 13, 2017. |
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________________________________ |
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Secretary of the Senate |
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________________________________ |
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Member, Texas Senate |