Arlington-based Texas Trust Credit Union and TrustUS Federal Credit Union of Midlothian said July 18 they will merge.
Texas Trust will retain all of TrustUS employees and open a new branch at 201 E. Avenue G in Midlothian under the Texas Trust banner in the coming months. This will be Texas Trust’s 16th branch. The combined credit union will have assets in excess of $950 million and more than 80,000 members, making it the 19th largest credit union in Texas and the 280th largest in the United States.
The merger will give TrustUS members access to a broader scope of financial services, including online and mobile banking, an international surcharge-free ATM network, an in-house loan department offering mortgages, and investment products and services. Texas Trust also offers an independent insurance agent and small business financial services, including SBA lending.
“This merger will make us a stronger financial partner for TrustUS members,” said Lisa Lemon, president of TrustUS Federal Credit Union. “We’ll now be able to offer products and services to meet the financial needs of our members at every stage of their life.”
Texas Trust serves the residents and businesses of Dallas, Tarrant and Henderson counties and parts of Ellis and Johnson counties with 15 branches located in Mansfield, Grand Prairie, Arlington, Cedar Hill, DeSoto, Hurst and Athens.