About Baptist Credit Union

Baptist Credit Union History

Baptist Credit Union was chartered in 1955 as Memorial Hospital Employees Federal Credit Union by employees of the Baptist Memorial Hospital System of San Antonio, Texas. The credit union served that field-of-membership exclusively for 25 years. In 1982, the name was changed to Health Professions Federal Credit Union, and the field-of-membership was expanded to include physicians of the Bexar County Medical Society and their employees.

In 1989, the name was again changed to Baptist Federal Credit Union and the field of membership was expanded to include employees of the San Antonio Baptist Association and employees of churches belonging to the San Antonio Baptist Association (SABA).

During the 1990’s, individual churches that belong to SABA have been added to the field-of-membership so that members of those churches could take advantage of membership in the credit union.

In 1995, Baptist Employees Credit Union of Texas (based in Dallas) was merged into Baptist Federal Credit Union, and the field-of-membership was expanded to include members of Baptist Employees Credit Union. This allowed employees of any church or institution associated with the Baptist General Convention of Texas (BGCT) to join the credit union.

On June 15, 1998, the credit union converted from a Federal charter to a State charter and dropped the word Federal from its name. Baptist Credit Union began in 1955 with $50 in assets. Through four decades and three name changes, the credit union had grown to over $20 million in assets!

In 2000, Dallas Baptist Association (DBA) petitioned for inclusion in field-of-membership (FOM) with the credit union and the FOM was expanded to include members of churches in the DBA. Wayland University, San Antonio joined our FOM in 2004.  In 2006, Baptist University of the Americas petitioned FOM and Dallas Baptist University joined our FOM in 2007.

In the Fall of 2007 Baptist Credit Union applied for a Fraternal Affiliation with the Southern Baptist of Texas Convention and in early 2008 was accepted. The SBTC requested and has been accepted in our field-of-membership, making the staff of the SBTC, pastors, staff, and members of SBTC churches eligible for membership.

In 2009-2010, Tarrant Baptist Association, North Texas Area Baptist Association, and Bluebonnet Baptist Association joined our field-of-membership. In 2010, Christian Financial Association of America applied for field-of-membership making its individual members and member churches eligible for membership in the credit union.

During its 60-year history, the credit union has grown in membership and assets and now maintains over $33 million dollars in assets and has approximately 7,800 members. We are proud of our growth in size and services, and the credit union remains focused on providing its members with superior service every day!

 

Mission Statement

It is Baptist Credit Union’s mission to meet our members’ needs by providing extraordinary service, quality financial products, and personal financial education.


Membership Eligibility

Because Baptist Credit Union is member-owned, those we serve must meet certain associational standards to become members of Baptist Credit Union. The field of membership (FOM) for Baptist Credit Union is regulated by the Texas Credit Union Department.


Field of Membership

Baptist Credit Union is a member-owned financial cooperative. We exist solely to serve our members with savings and loan products and services. When you open an account at the credit union, you become a member and part-owner of the credit union. Each year, the members elect a Board of Directors. The Board of Directors are also members of the credit union who volunteer their time to help ensure that the credit union is serving its members.

San Antonio, TX

  • Employees of the Baptist Health System (Hospitals in San Antonio)

  • Staff doctors of Baptist Hospital System and their employees

  • Uniformed volunteer workers (on regular schedule) at Baptist Hospital System

  • Employees of the San Antonio Baptist Association and members of Churches belonging to the Association

  • Members of the Bexar County Medical Society and their Employees

  • Faculty and Students of Wayland Baptist University’s San Antonio Campus and Baptist University of the Americas

 

Dallas, TX

  • Employees of the Baptist General Convention of Texas

  • Employees of Churches, Associations, and Institutions related to the Baptist General Convention of Texas

  • Employees of the Southern Baptist of Texas Convention

  • Employees of Churches, Associations, and Institutions related to the Southern Baptist of Texas Convention

  • Employees of the Dallas Baptist Association and members of Churches belonging to the Association

  • Employees of GuideStone Financial Services

  • Faculty & Students of Dallas Baptist University

 

Additional

  • Family members of existing members

  • People who retired from one of the above membership groups

  • Employees of Baptist Credit Union and their families


Apply for Inclusion in our Field of Membership

Baptist Credit Union is seeking to expand its field of membership to all associational-related churches and organizations in the state of Texas. If your group is not listed above, please contact us to see if you qualify and learn how your group can be added to our field of membership.

Cannot fill out or download the Application?
If you cannot fill out or download and print the Membership Application, call the Credit Union at:

We will mail you membership information and an application.

Joining the Field of Membership:
If your church or denominationally-related organization wants to apply for inclusion in the field of membership, call the Credit Union at:

We’ll mail you information regarding initiating the inclusion process.


Board of Directors

Board Members, Titles, and Term Expiration Dates
Name Title Term Expiration
Harvey Foegelle Chairman February 2027
Anna Flores Vice-Chairman February 2028
Bob Scofield Treasurer February 2029
Helen Toth Secretary February 2028
Bill Arnold Board Member February 2027
Jim Benitez Board Member February 2029
Kristen Ray Board Member February 2029
Pete Villarreal Board Member February 2027
Scott Williamson Board Member February 2029

Board of Officers

Officer Members and Titles
Officer Member Title
Nick Holguin President/CEO
Jeannie Jones-Gross CFO
Gabriela Rives COO/CMO/VP Member Services
Cindy Pena VP of Lending

Questions? Our Member Services Team is Here to Help!

memberservices@baptistcu.org | 1 (800) 222-2328