IMAGE: Close view of one hand on calculator and the other writing in a notepad.


Your Monthly Texell Member Newsletter

June 2023

IMAGE: Black bar with text Holiday Closings — Texell branches will be closed for the following holiday:

      • Juneteenth — Monday, June 19 

You can always get cash at any ATM and conduct transactions through Digital Banking or ANDI — our automated phone system.


IMAGE: Couple on a beach with text Save First.¹ Power Your Emergency Fund.

Don't Miss Outstanding Rates with Save First¹

A Texell Save First Account offers an ultra-competitive rate of 6.00% APY² and is specially designed for emergency savings.

An emergency fund won't solve all your money woes, but it's a vital part of any budget to keep your long-term financial goals on track. Save First Accounts reward you for saving with a dividend rate that is reduced with any withdrawals.³ After all, a true emergency shouldn't happen every day.

Call or text: 254.773.1604

¹ Limit one Save First Account per membership. Save First Accounts not available on business memberships.
² APY= Annual Percentage Yield. 6.00% APY is current as of 4/1/23. Rate may change after account opened and subject to change without notice. 6.00% APY is earned on balances from $500 to $10,000. Dividends are paid quarterly and deposited into the Save First Account. The maximum balance for Save First Accounts is $10,000 and deposits that exceed the maximum balance will be deposited into the primary savings account.
³ Both withdrawals and funds transfers reduce APY. To earn the stated rate, you must not make any withdrawals during the calendar quarter. If you make any withdrawals from the Save First Account, the rate for the full quarter will be the standard rate for savings accounts at Texell Credit Union. The APY for standard savings accounts is 0.50% which is effective as of 4/1/23. Rate may change after account opened and subject to change without notice.


IMAGE: Woman standing on a boat looking at the water with text Set Sail with Texell Get a Cruise fo Two with a New Loan!

Time is running out to get a cruise for two out of Galveston! Open a new loan for $30,000 or more4 before June 30.

If you’ve been eyeing a new vehicle, RV, boat, or motorcycle, now’s the time to open your loan and get tickets for your next vacation. This offer will sail away soon, so visit or any Texell branch to get started today.

4 While supplies last. With approved credit. No cash value. Minimum loan amount of $30,000 and minimum term of 48-month to qualify for cruise offer. Offer not valid on indirect, mortgage, home equity, land, credit cards, and commercial loans. Cruise certificate will be presented at loan closing. Certificate good for 6-day, 5-night cruise on Carnival Cruise Lines for two people in one inside stateroom with a queen or two single beds. Upgrades may be available and are the responsibility of the member. Member responsible for taxes and fees totaling $99 per person or $198 per voucher at the time that cruise is booked. Member responsible for transportation to Galveston, excursions, and gratuities. Certificates valid for two years and fully transferable prior to registration. Texell is not affiliated with Carnival Cruise and not responsible for the terms of the cruise. Loan must be applied for, approved and booked between 4/27/2023 and 6/30/2023 to qualify for offer. Valid only for loans not currently financed at Texell Credit Union. Restrictions apply. Contact Texell Credit Union for complete details.


IMAGE: Couple talking with an insurance agent and text How to Choose an Insurance Agent

Whether you just purchased your first car or house, or you've held multiple insurance policies for years, having an insurance agent can make finding coverage so much easier. Not all insurance agents have experience with different types of policies such as pet, wedding, RV, or motorcycle insurance. If your agent only provides the most common types, it might be time to shop for another agent.

Besides the right coverage, finding someone you can trust who is in good legal standing is essential. Search for licensed agencies at the Texas Department of Insurance (TDI), ask family and friends for recommendations, and look up reviews to see what others say. If you need help, our Texell Insurance agents can shop your policy and advise you on when to bundle for better rates. Read more on our blog, and visit to receive a free quote today.



IMAGE: Couple sitting on a couch looking at a laptop with text Own vs. Rent: When Is the Best Time to Buy a House?

Owning a home is part of the American dream but taking that next step into homeownership requires planning. Your personal goals, lifestyle, and financial situation all play a part in this big decision. Weigh the pros and cons of renting versus buying and make sure you’re ready before taking the leap.

Some of the biggest benefits of renting include having fixed expenses, flexibility to move, and extra amenities like a pool or fitness center. The greatest downside is that because you do not own your home, you don’t get to use it as an asset for building equity or other tax benefits. The main benefits of owning a home include stability and having control over your space to make renovations. The downsides include less flexibility to move and more expenses, especially up front with a down payment and closing costs.

When you’re ready to buy, our Texell Home Loan Heroes can help. They’ll walk you through the process and answer all your questions. Read more on our blog. Visit or call 254.774.5104 to get started today.