The History of America's Credit Unions
We are Neighborhood Credit Union, the first credit union in the Dallas-Fort Worth metroplex and one of the oldest credit unions in Texas. Unlike traditional banking institutions, our goal is not to make a profit from our customers. As a not-for-profit organization, we are in the business of helping people achieve their short and long-term financial goals for their families. Through unique products and community investment, including college scholarships and financial education, Neighborhood Credit Union helps its Texas neighbors improve their financial health and well-being.
History
Our Story
Originally known as Dallas Postal Employees Credit Union, Neighborhood Credit Union opened its doors to its first members in April 1930, just months after the U.S. stock market crashed. During the Great Depression, when American confidence in financial institutions was at an all-time low, Dallas Postal Employees Credit Union won the trust and loyalty of its charter members. In 2001, the credit union officially changed its name to Neighborhood Credit Union, a name that more accurately reflects the diverse base of members from all over the Dallas area.
1996: The Board of Directors votes to expand the field of membership to become community-based and the name is changed to DPCU (shortened from Dallas Postal Employees Credit Union).
2001: DPCU officially changes its name to Neighborhood Credit Union and merges with Briggs Weaver Credit Union.
1970: Dallas Postal Employees Credit Union purchases 90,000 square feet of land to construct a building featuring drive-thru windows, night depository, and safe deposit boxes.
1975: The credit union expanded its field of membership to include postal employees in the Dallas Sectional Center, which covers postal facilities in northeast Texas.
1976: Dallas Postal Employees Credit Union becomes the first Dallas-area credit union to offer share draft accounts to its 9,077 members.