Applying for a loan w/ Texas Dow Employees Credit Union (TDECU)?
Whether you're applying for an auto, mortgage, or personal loan, Texas Dow Employees Credit Union (TDECU) has extremely competitive rates. The problem? You need great credit to get those loan terms (if you want your best rates). Your first step to determine if you're eligible for top-tier rates is to pull your Credit Report.
You can review your Credit Report and find every inaccurate (and can potentially get removed), or contact a Credit Repair company, like Credit Glory, to walk you through that entire process.
You can schedule a free consultation with Credit Glory, or call one of their Credit Specialists, here ((833) 412-6805 ➔).
Texas Dow Employees Credit Union (TDECU) vs. Major Banks
The short answer is... it completely depends (and your mileage may vary!). Not all Credit Unions are good. Not all banks are bad. Credit Unions, like Texas Dow Employees Credit Union (TDECU), are great for high CD rates & low interest loans / credit cards. The trade off? They're not as good because their resources, generally, are more limited for website services, apps, etc.
Credit Unions, as member owned organizations, aren't trying to make a profit. It's that simple. Of course, like any other not-for-profit, some are run well. Others? Not so much. The ultimate goal? Benefiting their members and maximizing their experience. Texas Dow Employees Credit Union (TDECU) is a good example of a relatively well-run Credit Union. Their fees are minimal, their rates for all loan types are good, too.
Keep in mind, you'll have to apply for a membership to get accepted. This means they'll most-likely review your Credit Report & determine if you're eligible. We recommend speaking with a Credit Repair company, like Credit Glory, to understand how you can potentially improve (and fix) your Credit Score (before you apply for your Credit Union membership).
Banks, on the other hand, are in-it to make a profit. Generally, this means higher fees (on average). Banks also generally don't focus on the community the same way Credit Unions do. Credit Unions have memberships, while banks are generally open to anyone, anywhere. The primary pros of banks are generally better business services that are tailored to individual situations in a more comprehensive way. Also, if you plan to travel internationally, you save a lot of headache with a major bank account (and credit card).
What Is Texas Dow Employees Credit Union (Tdecu)?
Texas Dow Employees Credit Union is one of the largest credit unions in Texas. With over 40 branches throughout the state, TDECU offers members a wide range of options on loans. Getting a loan with a great interest rate takes having good credit. The fastest way to boost your score is with help from a season credit expert like Credit Glory.
Texas Dow Credit Union (Tdecu) Cd Rates
Texas Dow Employees Credit Union offers 12 month certificates of deposit (CD) with APY at 2.20%.
Tdecu Mastercard Qualification Requirements (Minimum Credit Score)
You can qualify for a Texas Dow Employees Credit Union Mastercard with a credit score as low as 630. But getting the best interest rates takes having a good or excellent credit score. If your credit needs work, the fastest way to improve it (& get a low-interest rate) is with help from a credit repair expert, like Credit Glory.
Texas Dow Employees Credit Union (TDECU) Main Office
- ADDRESS: 1001 FM 2004 Rd
- CITY, STATE ZIP CODE: Lake Jackson, TX 77566
- COUNTRY: United States
- COUNTY: Brazoria
- PHONE: 979-297-1154
- WEBSITE: http://www.tdecu.org
- CEO/MANAGER: Stephanie Sherrodd
Texas Dow Employees Credit Union (TDECU) History & Information
- CREDIT UNION NAME: TEXAS DOW EMPLOYEES
- CHARTER NUMBER: 60705
- CREDIT UNION TYPE: FISCU
- CREDIT UNION STATUS: Active
- CORPORATE CREDIT UNION: No
- CREDIT UNION CHARTER YEAR: 1954
- CURRENT CHARTER ISSUE DATE: 19725
- DATE INSURED: 26259
- CHARTER STATE: Texas
- REGION: 2 - Southern
- FIELD OF MEMBERSHIP TYPE: Non-Federal Credit Union
- LOW INCOME DESIGNATION: No
- MEMBER OF FHLB: Yes
- ASSETS: 3759007924
- PEER GROUP: 6 - $500,000,000 and greater
- NUMBER OF MEMBERS: 343162