Top 14 Best Credit Unions in Dallas, TX | 2017 Ranking | Best Credit Unions in Dallas

2017 RANKING & REVIEWS
TOP RANKING CREDIT UNIONS IN DALLAS, TEXAS

Reviewing the Best Credit Unions in Dallas, TX

What is it about a credit union that makes it a unique financial institution and a compelling resource for consumers from all backgrounds?

One of the most unique and valuable elements about credit unions, particularly as compared to a standard bank, is the fact that these financial co-operatives are designed so that the members are also the owners — and this is no different with Dallas credit unions.

With this member-owner structure, there’s a sense of shared interested and success for everyone involved, whether that’s the board members leading the bank, the employees providing daily customer service, or the members who have their money managed at the credit union.

Award Emblem: Top 14 Best Credit Unions in Dallas, TX

There is a sense of shared goals and financial success as a result of the co-op structure of credit unions in Dallas, TX.

Along with perks like lower fees and higher interest rates, Dallas credit unions also tend to be community-driven.

Members can take advantage of the benefits of localized decision-making, so they have the peace of mind that comes with knowing their financial institution is always working with their best interest in mind, without the confines of a global corporation, which is often how banks are governed.

It’s with these concepts in mind that the following review and ranking of the best credit unions in Dallas, Texas was created–to provide you with an overview of what sets these credit unions apart and makes them an excellent resource for any financial need.

AdvisoryHQ’s List of the Top 14 Best Credit Unions in Dallas

List is sorted alphabetically (click any of the credit union names below to go directly to the detailed review section for that Dallas credit union):

Click here for 2016’s ranking of the Top 14 Best Credit Unions in Dallas, Texas

Top 14 Best Credit Unions in Dallas, TX | Brief Comparison & Ranking

Best Dallas Credit Unions	Highlighted Features
Advancial	Over 5,000 locations nationwide
City Credit Union	Free financial counseling & educational classes
Credit Union of Texas	Build It \| Re-Build It credit program
Dallas Credit Union	Dynamic free checking account
Employees Credit Union	Wide array of e-services available
Good Street Baptist Church Federal Credit Union	Personalized service from a close-knit church community
Lone Star Credit Union	First-Time Auto Buyer program
Metro Medical Credit Union	Payroll Deduction helps members save
Neighborhood Credit Union	Affordable savings products & accounts
Prestige Community Credit Union	Finance 101 provides free financial education
Resource One Credit Union	Flexible services & programs for loan holders
Southwest Airlines Federal Credit Union	Simple & affordable Free LUV Checking account
Southwest Financial Federal Credit Union	Brokerage services available
Texas Federal Credit Union	Passport Rewards helps members earn more

Table: Top 14 Best Credit Unions in Dallas, TX | Above list is sorted alphabetically

AdvisoryHQ’s Selection Methodology

What methodology does AdvisoryHQ use in selecting and finalizing the credit cards, financial products, firms, services, and products that are ranked on its various top-rated lists?

Please click here “AdvisoryHQ’s Ranking Methodologies” for a detailed review of AdvisoryHQ’s selection methodologies for ranking top-rated credit cards, financial accounts, firms, products, and services.\

Detailed Review—Top Ranking Best Credit Unions in Dallas

Below, please find a detailed review of each Dallas credit union on our list of best credit unions in Dallas. We have highlighted some of the factors that allowed these Dallas credit unions to score so high in our selection ranking.

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Advancial Review

Advancial is a credit union with a history that dates back to 1937 when it was founded as Atlantic Federal Credit Union with eight members.

Since then, Advancial has grown to become a leading and advanced full-service financial institution, with a focus on personalized products and services, conveniences, and innovation.

Advancial sets forth its primary mission as being the anticipation of the needs of users, delivered through timely, unbiased and intimate financial advice and a full selection of products enabled by technology. Advancial has also been consistently named as one of the best companies to work for in Texas.

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Key Factors That Allowed This Credit Union to Rank as One of the Best Credit Unions in Dallas

As a leading credit union in Dallas, below are some of the specifics that led to the inclusion of Advancial on this ranking.

Ultimate Checking

Designed for those members seeking the convenience and traditional features of a checking account paired with additional perks and benefits, Ultimate Checking provides a long list of benefits.

This account includes unlimited reimbursements when you use other banks’ ATMs and are required to pay fees. It also includes dividends on balances, free overdraft transfers from your savings account, and unlimited free non-Advancial ATM transactions.

This account includes Advancial Rewards, which lets account holders earn points through debit and credit card transactions.

Save Up

Save Up is a signature Advancial program designed to help members quickly and effortlessly achieve their individual savings goals, whatever they may be. This automatic program can be used for short- or long-term goals, and it’s available with any Advancial checking account.

When you sign up to use this automatic transfer savings program, Advancial will match 100% of transfers for the first 30 days. After the initial 30 days, Advancial will match 5% of your transfers.

You can also use Save Up with Money Musketeers or Dinero accounts, which are designed for children.

Check Clear

Check Clear is a courtesy overdraft privilege program that’s linked to members’ checking accounts, and it’s designed to offer protection if a slip up happens. The benefits of Check Clear include overdraft privilege on not only checks but also ACH and debit card transactions.

Your transaction won’t be denied because of this offering, and you can save on the fees and inconvenience that comes with having a returned check.

Qualified members with Advancial checking accounts are automatically enrolled, and members can select Clear Check as either their first or second form of overdraft protection.

Shared Branching

To make banking with this Dallas credit union easier, Advancial participates in Shared Branching through the Co-Op Shared Branching Network. You can do your banking business at any member of the Co-Op, almost exactly the same as you would at Advancial.

This network includes more than 5,000 locations throughout the country, expanding your access to a credit union regardless of where you are.

Some of the transactions you can make at participating Co-Op locations include deposits, withdrawals, loan payments, funds transfers and balance inquiries.

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Credit Union of Texas Review

Credit Union of Texas was started by a small group of teachers in 1931, with assets of only $65. Now, CUTX is ranked as one of the top credit unions in the U.S. based on asset size, and it serves the needs of more than 120,000 members.

CUTX is led by a volunteer Board of Directors selected annually by the members. Members of CUTX have the peace of mind that comes with deposits federally insured by the National Credit Union Administration.

Key Factors Leading Us to Rank This as a Top Credit Union in Dallas

When reviewing and comparing credit unions in Dallas, TX, below are some of the reasons Credit Union of Texas ranked on this list.

CUTXPerks

A signature program from this Dallas credit union, CUTXPerks is a rewards programs that allows the member to earn points by using their debit card to make everyday purchases. The points can then be redeemed through the CUTXPerks website.

Account holders are automatically enrolled, and no formal enrollment process is required. Points can be earned through PIN-based debit card transactions, as well as signature-based debit card transactions, which actually earn more points.

You can use points to make purchases including travel, or you can re-gift them to someone else.

Secure Checking

With so much of the financial spotlight currently on the availability of safety and protection against identity theft and fraud, CUTX offers Secure Checking.

This account is designed to offer the convenience of checking, along with the highest level of security. Security features include identity theft protection, cell phone insurance, buyer’s protection, and extended warranties.

Account holders can also upgrade to Secure Checking PLUS, which includes additional perks, such as travel and entertainment discounts, as well as health discounts.

Identity theft protection services are offered through IDProtect and include 3-bureau credit monitoring, identity theft resolution, and unlimited access to your credit report.

Build It Re-Build It Program

The Build It Re-Build it program is designed to help people who either need to improve their credit or don’t have any credit history currently.

This program includes a three-step process. The first step includes having the member open a Secure or Secure Checking PLUS account. An expert then works with the new member one-on-one to figure out the best solutions for their individual needs.

That expert will also help the members learn how to manage their checking account. After a period of 120 days with responsible money management, participants can move on to the next step, which is eligibility for the Build It Re-Build It loan.

Once the loan has been successfully managed, program participants may be eligible for a CUTX Platinum MasterCard, First-Time Buyer auto loan, or a larger personal loan.

Investments

Along with traditional deposit accounts, loans, and credit cards, CUTX also offers investment options and financial planning services. Financial consultants are available to take personal meetings with members, and initial consultations are both complimentary and obligation-free.

Offered through the CUTX Financial Investment Center are online modules to help members learn more about financial independence, personalized “road maps” to achieve goals, and appointment scheduling with financial consultants.

Dallas Credit Union Review

Dallas Credit Union has a history dating back to 1948 when it was granted its charter under the name Dallas Region Centennial Federal Credit Union. Since then, DCU has grown and become one of the premier financial institutions and one of the best credit unions in Dallas.

The mission statement of DCU is based on improving the social and economic well-being of all members, from all socio-economic backgrounds. Accomplishing this goal relies on concepts of cooperation, self-support, mutual aid and self-administration.

DCU and the team which serves the needs of customers also strives to do so with the utmost in efficiency, integrity, and flexibility.

Key Factors That Enabled This as One of the Best Dallas Credit Unions

Listed below are reasons Dallas Credit Union was selected as one of the top credit unions in Dallas.

Free Checking

For consumers seeking a credit union in Dallas with free account options, this is an excellent choice. DCU offers a Free Checking account, with not only the standard offerings of a checking account but also many other additional benefits.

This account includes the following:

No service fees
No minimum balance
A free MasterCard debit card
Free phone banking
Free Quicken-compatible online banking
Online bill pay
Unlimited check writing
Unlimited teller visits
No per-check fee

Business Accounts

For members of this credit union in Dallas, TX, who want to streamline their personal and business banking in one location, there are business accounts available. Business Basic is a checking account with features like free online banking, free QuickBooks, and 75 free transactions per month.

Business Select also includes free QuickBooks, 300 free transactions per month, and a free Rewards Debit Card.

MasterCard Credit Cards

Two primary credit cards are available to members of DCU. The first is the standard MasterCard, with 0% introductory APR for the first six billing cycles.

The other is the Platinum MasterCard, which also features 0% introductory APR for six months, and after that, the rate remains low.

These cards have no account fee, set-up fee or annual fee, and there are also no fees for things such as cash advances or balance transfers. The fee for international transactions is only 1%.

Good Street Baptist Church Federal Credit Union Review

Good Street Baptist Church Federal Credit Union was organized by The Good Street Baptist Church in 1957 by Mr. C.R. Robinson, with the idea of organizing a credit union that would serve the needs of the congregation. Eight people became chartered members as part of its recognition as a federal credit union.

Shareholder privileges included members of Good Street Baptist Church as well as their relatives. Committees that are part of this Dallas credit union include Credit, Loan, Supervisory, Education, and Collection.

Key Factors That Led to Our Ranking of This as One of the Best Credit Unions in Dallas, TX

Below are reasons Good Street Baptist Church Federal Credit Union was included on this Dallas credit unions list.

Well-Capitalized

According to NCUA, Good Street Baptist Church FCU ranks as a “tiny credit union,” with only one main employee; however, despite this classification, they are considered well-capitalized for their size.

As of June 2016, this Dallas credit union has 675 members and more than $865,000 in total assets, as well as a net worth of more than $112,000.

When comparing asset size and net worth ratio to its size, it’s formally classified as a Well-Capitalized Tiny Credit Union, meaning members will have all the advantages stability can offer.

Personal Service

Because of its small size and reported one full-time employee, Good Street Baptist Church FCU is an excellent option for anyone who is seeking truly personalized financial service and attention.

This credit union is also part of a close-knit church community, so members can take advantage of services that are tailored to their specific needs and build a one-on-one relationship as part of their financial management.

Lending

This Dallas credit union offers several different lending options that allow members to have more choice and flexibility when they’re selecting which loan product will be right for their needs.

The interest rates and competitive and specific loan options available from Good Street Baptist Church FCU include:

Home improvement
Home equity
Residential & commercial real estate
Shared secured

Metro Medical Credit Union Review

Metro Medical Credit Union is a not-for-profit cooperative that serves the needs of more than 48 Select Employee Groups. When you join this Dallas credit union, you become a shareholder, and to join the credit union all you have to do is complete a membership application and make an opening deposit of at least $25.

After joining, both the member and their immediate family members have a lifetime membership. Membership is open to anyone who’s part of the Select Employee Groups, as well as people who live, work, worship, or attend school within a 10-mile radius of offices.

Key Factors That Led Us to Rank This as One of the Top Credit Unions in Dallas

Detailed below are highlights indicating why Metro Medical Credit Union was included on this Dallas credit union list.

Share Draft Checking

Offered at this top credit union in Dallas, the Share Draft Checking account is an option with no monthly service fee, no minimum balance, and no per-check charges.

Other features of this account include:

12 free temporary checks upon request for new accounts
Over 32,000 surcharge-free nationwide ATMs that are part of the Allpoint system
Direct deposit
Overdraft protection
Pre-authorized automatic overdrafts at no charge
Consolidated monthly statement
Online bill payment
Stop payments
Access to home banking

Payroll Deduction

Payroll Deduction is a feature offered by Metro Medical that lets members sign up to have funds automatically deducted from their paycheck, and then deposited into their savings or checking account.

This makes saving to reach certain goals effortless, and you can reach savings milestones more quickly.

Participants can also use Payroll Deduction as a way to automatically make loan payments, so they never miss one or have to pay late fees.

Loan Types

Metro Medical is a leading lender in the Dallas area, particularly because of their low, competitive interest rates. Metro Medical offers a variety of loan types, which include:

Auto Loans: Financing for new and used cars
Home Equity Loans: Loans are based on a percentage of the equity you have in your home
Motorcycles: Loans are available for new and used motorcycles that are street legal
Personal Loans: These versatile, low-interest loans can be used for anything from medical emergencies to vacations
Pleasure Craft Loans: Includes new and used boats, RVs, travel trailers, jet skis, and ATVs
Share Secured Loans: Funds are secured with deposits in savings accounts

Virtual Branch

Virtual Branch is Metro Medical’s online banking system, offered any time and from anywhere there is Internet access. The service is free and went through recent updates in 2015.

Users of Virtual Branch banking can pay their bills online through Bill Pay, see their loan balances, and view e-Statements.

Members can also use this as a quick and easy way to see their account history, set up recurring transfers, and transfer funds between accounts.

For members with more than one account number with Metro Medical, it’s possible to fill out a form and cross these accounts.

To browse exclusive reviews of all top rated credit unions in Dallas, Texas, please click on any of the links below:

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Conclusion—Top 14 Credit Unions in Dallas

Dallas is undoubtedly one of the country’s most exciting, thriving, and growing metro areas, so it’s only fitting that the city and the surrounding communities would be served by leading financial institutions. For an increasing number of consumers, the best financial products and services are offered by credit unions.

Each of the names included in this ranking of Dallas credit unions is exemplary in terms of not only their products and services but also for having a well-established and consistent reputation in the area.

These credit unions in Dallas aim to be innovative in what they offer while simultaneously remaining true to their roots of low-cost service, member-owned direction, and dedication to the betterment of the entire community.

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Reasonable efforts have been made by AdvisoryHQ to present accurate information, however all info is presented without warranty. Review AdvisoryHQ’s Terms for details. Also review each firm’s site for the most updated data, rates and info.

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