About Us

Non-For-Profit StructureNon-For-Profit Structure

CT Waco Federal Credit Union is a member owned, not-for-profit, financial cooperative. Each year, we hold an Annual Meeting of the Membership. This presents each member with an opportunity to participate in the annual business meeting, and to cast their vote for our Board of Directors.


Our seven member Board of Directors is elected from our membership, by our membership. They volunteer their time while providing leadership and direction to the Credit Union.

Our three-member Supervisory Committee is appointed by the Board of Directors. They too volunteer their time to ensure that Credit Union procedures are in compliance with applicable policies.

Regulatory and Insurance

CT Waco Federal Credit Union is regulated by the National Credit Union Administration (NCUA), an independent federal agency.

Deposits in CT Waco Federal Credit Union are insured by the National Credit Union Share Insurance Fund (NCUSIF). The NCUSIF was created by the U.S. Congress in 1970 to insure a member's Credit Union deposits to $250,000.00.


At CT Waco Federal Credit Union we do not share our members' personal information except as necessary for our everyday business purposes.

See our full Privacy Disclosure.