GENCO Federal Credit Union

Texas

Est. Date:

1953

Previous Names:

Lufkin Regional Federal Credit Union,

Locations:

Waco, Lufkin, Lacy Lakeview/Bellmead, Woodway, Lorena

Chartered in 1953, GENCO Federal Credit Union was originally created to meet the financial needs of employees of the General Tire and Rubber Company (Waco Plant) and their immediate families. GENCO's first office building was built in 1960 at 1905 Kendall Lane.

History

GENCO Federal Credit Union was originally created to meet the financial needs of employees of the General Tire and Rubber Company (Waco Plant) and their immediate families. GENCO's first office building was built in 1960 at 1905 Kendall Lane. In 1985, General Tire and Rubber Company's Waco plant was closed. GENCO's Board of Directors decided to purchase a building in the heart of the Waco business district at 731 North Valley Mills Drive. The Board also decided to expand the credit union's field of membership.