Click on the link below to tune into the live hearing of the Texas Commission which oversees the Credit Union Department (CUD) and its approximately 160 state charters. Here’s why.
- This nine person oversight board sets policy for the CUD. Five members are “public” and four are credit union professionals. It is a vital contrast to the current one person NCUA board.
- The agenda has several topics relevant for all charters. One is a new merger rule following events such as the Space City-TDECU merger debacle: Recommendation for Proposed Amendments to 7 TAC, Part 6, Chapter 91, 192 Subchapter J, Section 91.1003 (Mergers/Consolidations)
- Texas’ Commission demonstrates the power of a strong dual chartering system with independent credit union oversight.
- The meeting’s agenda covers multiple topics such as an update on the state credit union system, the status of CUD’s 2025 budget and plan, FOIA requests and legal updates–to name just a few. The comprehensive agenda is an interesting comparison with NCUA board meetings which average three iopics.
An Oath and Ethical Standards
The CUD’s website is filled with information about its policies, rules, employment as well as records of the Commission’s meetings. Several observations:
Contact Information for the Hearing
The Credit Union Department Commission Meeting is scheduled for Friday, July 18, 2025 at 9:00 AM (central time zone)
The Agenda (link)
Microsoft Teams Need help?
Meeting ID: 234 324 784 323 7
Passcode: Tr2qH72w
Dial in by phone
+1 936-213-5778 United States, Waller
Phone conference ID: 773 558 893#
I’m looking forward to see how this public policy and oversight meeting is conducted for a state that has been a leader of the credit union movement.