The idea of establishing a credit union for Federal employees began in the home
of Mr. Ned Jackson, who resided in Pharr, Texas, and through the sponsorship of
the Hidalgo Chapter of American Federation of Government Employees, Hidalgo Federal
Credit Union was founded. Mr. Jackson, along with five other men, contributed $5.00
each for the initial membership fee. On February 24, 1947, a charter was issued.
A Board of Directors was elected to represent the membership. This charter included
Civilian Federal Employees only and remained that way for 29 years.
By the mid 70’s, assets had increased to 3 million dollars and loans were above
2 million dollars. There was drastic need for additional funds to meet the growing
loan demand and therefore the Board voted to add state employees of Hidalgo and
Starr Counties to the field of membership.
During the early 80’s members expressed a demand for additional financial services
similar to those of the banking industry. A share draft program and Money management
Accounts were implemented. Direct Deposit became available to federal employees.
An emphasis was also on growth, adding four new fields of membership to the credit
union family.
In the 90’s “Operation Grass Roots” program was implemented to inform and
encourage our membership to become active in the credit union movement. Growth
steadily continued and expanded into Cameron County with the addition of two
credit union mergers. A name change was necessary to better represent the credit
union and its membership and in 2000 Hidalgo Federal Credit Union became
Security First Credit Union.
In May 2009 our newest branch and Administration Building opened in Edinburg.
This first rate facility is home to the President/CEO, CFO, Human Resources, and
Training. This office also offers a full service branch with lobby and drive
thru services including a 24/7 ATM for our member’s convenience.
In June 2009 we welcomed members of First Financial Community Credit Union. This
merger expanded our valley locations to include an office in San Benito and
three offices in Brownsville. All lower valley offices have a 24/7 ATM onsite
for our member’s convenience.
Today, Security First Credit Union is leading the way in providing credit union
products and services to meet the growing and constantly changing financial
needs. We’re growing, and now serving the greater Rio Grande Valley neighbors,
family and friends. Discover the credit union difference.
Member Services
Security First is a full service financial institution offering a wide array of
services – many at no cost to our members. Our checking accounts are designed
for all types and needs. They include free services such as 1st Access Automated
Telephone System, Homebanking, Debit Cards, Bill Pay, E-statements, unlimited
check writing, and direct deposit just to name a few. See the “Services” tab for
detailed information on our checking accounts. View our
services
We've got your loan. When you need to borrow money, call us first. We offer
competitive rates on an array of loans including new and used auto loans,
personal loans, signature loans and share and certificate secured loans. Our
extended mortgage lending options include Home Equity, VA, FHA, Conventional,
Refinancing, Permanent, Unimproved and Improved Land Loans. We can help you
increase your purchasing power with flexible repayment terms.