HISTORY OF HARLINGEN AREA TEACHERS' CREDIT UNION
February 12, 1954 - Articles of Incorporation are filed.
The original charter included 112 employees of the Harlingen Consolidated
Independent School District .
There were 7 Board of Directors.
Entrance fee was .25 cents and one share was $5.00.
Asset size was $6,024.51.
The first manager was Peggy Roggenbuck, who volunteered as Treasurer until business began picking up at which time she was paid a
salary.
June 1963 - The Department of Banking issued a change to the original charter that allowed immediate family members of current
members and employees of the Credit union to be eligible for membership.
June 1, 1964 - E.J. Johnson was hired. She served as CEO until she retired on December 31, 1999. During her tenure, she took this
Credit Union from a small one person operation to a full service financial institution with many services, employees and a branch
office in San Benito. When Ms. Johnson began working at the Credit Union, her office was in a closet at the administration building
for the Harlingen CISD. She was the only employee of the credit union.
1967 - a new office was constructed on property donated by the Harlingen School District. The students of the building trades
department participated in the construction of the credit union.
1976 - San Benito Teachers' Federal Credit Union merged with Harlingen Teachers' Credit Union. In 1977 our present main office was
built at 2910 E. Grimes.
1982 - Our bylaws were amended to add all Public and Private schools within a 10 mile radius of Harlingen. This also included
retired teachers. In 1985, Harbenito Federal Credit Union merged with Harlingen Teachers' and our name was changed to Harlingen
Area Teachers' Credit Union.
1986 - construction began on our current drive thru at our main office.
1989 - Valley Baptist Medical Center was added to our field of membership.
October 1996 - Branch office at 345 N. Williams Rd. in San Benito is opened.
On January 1, 2000, Missy Morrow was promoted to CEO.
April 2000 - ATM at San Benito branch is added.
November 2000 - San Benito Drive-thru is opened.
February 2001 - Student Loans become available.
July 2001 - Debit cards become available.
November 2002 - Interactive Website is added.
January 2003 - HATCU online becomes available.
March 2003 - Financial Planner - Marc Hernandez, Money Concepts.
April 12, 2003 - 2nd branch in Harlingen at 4321 W. Expressway 83.
February 2004 - Free bill pay becomes available.
HATCU has continued to grow to our present asset size of approximately 47 million with over 15,000 members. We presently have over
40 employees.