Texas State Library and Archives Commission

Texas Credit Union Department:

An Inventory of Credit Union Department Inactive Charters at the Texas State Archives, 1929-1974



Overview

Creator: Texas. Credit Union Department.
Title: Credit Union Department inactive charters
Dates: 1929-1974
Abstract: The Texas Credit Union Department's duties are to supervise, consult with, advise, and make recommendations to the Credit Union Commissioner; and to adopt rules for the regulation and classification of credit unions, and the determination of fees charged credit unions. Records are charters of dissolved or otherwise inactive credit unions. Files include bylaws, applications for charters, charters, amendments to the charter, resolutions, certificates of approval and dissolution, agreements and resolutions to dissolve the credit union, correspondence, and statements listing the date the annual report was filed and when the fees were paid. Dates covered are 1929-1974.
Quantity: 6 cubic ft.
Language: These materials are written in English. .
Repository: Texas State Archives

Agency History

Legislation allowing for the organization and chartering of credit unions was passed in 1913 by the 33rd Legislature, Senate Bill 458. Major amendments regarding the incorporation and supervision of credit unions were passed in 1929 by the 41st Legislature, Senate Bill 185. Supervision and regulation of credit unions was assigned to the State Banking Board, later Banking Department. Charters were issued by the State Banking Commissioner. In 1949, the Credit Union Advisory Commission was created. Its duties were to advise the Banking Commissioner on improving conditions and services of credit unions. In 1969, the responsibilities concerning credit unions were transferred from the Banking Department to a newly created independent agency, the Credit Union Department. This Department assigns and cancels charters, supervises, and regulates all credit unions organized under the laws of Texas. It also has rulemaking authority and makes recommendations to the legislature for changes in the statutes.

The Department is governed by the Credit Union Commission, which superseded the Credit Union Advisory Commission. The Credit Union Commission is composed of nine (initially six) members appointed the Governor with the approval of the Senate for six year overlapping terms. A chair is elected annually by the members. The Commission's duties are to supervise, consult with, advise, and make recommendations to the Credit Union Commissioner; and to adopt rules for the regulation and classification of credit unions, and the determination of fees charged credit unions. The Commissioner is appointed by the Commission and serves as the administrator of the department. His duties are to decide on charter applications, issue charters, approve mergers, supervise procedures concerning complaints, serve liquidation orders, levy and collect fees and other charges paid by credit unions, and enforce rules and regulations. He also makes recommendations to the department for suggested statute changes; and appoints Credit Union Examiners who conduct annual examinations of all state-chartered credit unions.


Scope and Contents of the Records

Records document the regulation of credit unions by the Texas Credit Union Department. Records are charters of dissolved or otherwise inactive credit unions and include bylaws, applications for charters, charters, amendments to the charter, resolutions, certificates of approval and dissolution, agreements and resolutions to dissolve the credit union, correspondence, and statements listing the date the annual report was filed and when the fees were paid. Dates covered are 1929-1974. Missing charters belong to still active credit unions, whose files are available at the Credit Union Department, either on microfilm, or paper copy for recent records. Access is by charter number for both active and inactive credit unions. Name access is not currently available. The Credit Union Department can assist in a name search if the date the charter was issued is known.

To prepare this inventory, the described materials were cursorily reviewed to delineate series, to confirm the accuracy of contents lists, to provide an estimate of dates covered, and to determine record types.


 

Arrangement of the Records

These records are arranged as received from the agency in numerical order by charter number. As charters were assigned consecutive numbers, a chronological arrangement corresponds to the numerical order, the earliest assigned charters having the lowest numbers.

Restrictions

Restrictions on Access

None.

Restrictions on Use

Most records created by Texas state agencies are not copyrighted and may be freely used in any way. State records also include materials received by, not created by, state agencies. Copyright remains with the creator. The researcher is responsible for complying with U.S. Copyright Law (Title 17 U.S.C.).

Technical Requirements

None.


Index Terms

The terms listed here were used to catalog the records. The terms can be used to find similar or related records.
Corporate Names:
Texas. Dept. of Banking.
Subjects:
Credit unions--Texas.
Document Types:
Charters--Texas--Credit unions--1929-1974.
Bylaws--Texas--Credit unions--1929-1974.
Application forms--Texas--Credit unions--1929-1974.
Resolutions--Texas--Credit unions--1929-1974.
Agreements--Texas--Credit unions--1929-1974.
Correspondence--Texas--Credit unions--1929-1974.
Functions:
Regulating credit unions.

Related Material

The following materials are offered as possible sources of further information on the agencies and subjects covered by the records. The listing is not exhaustive.

Texas State Archives
Texas Department of Banking, Financial condition statements, 1909-1946, 8.3 cubic ft. in 24 volumes
Credit Union Commission, Minutes, 1987-1997, 0.24 cubic ft. [No finding aid is available for these unprocessed minutes. Call number is 2004/202.]

Administrative Information

Preferred Citation

(Identify the item), Credit Union Department inactive charters, Texas Credit Union Department. Archives and Information Services Division, Texas State Library and Archives Commission.

Accession Information

Accession number: 1989/046

These records were transferred to the Archives and Information Services Division of the Texas State Library and Archives Commission by the Texas Credit Union Department on December 6, 1988.

Processing Information

Laura K. Saegert, December 1988


Detailed Description of the Records

 

Credit Union Department inactive charters, 1929-1974,
6 cubic ft.

Box
1989/046-1 Charters, 1929-1935
[Inactive charters, nos. 1, 2, 5, 9, 10, 11, 12, 13, 16, 17, 19, 22, 23, 26, 28, 29, 30, 35, 37, 39, 40, 47, 48, 49, 50, 52, 53, 55, 57, 60, 61, 62, 67, 68, 69, 71, 78, 82 and 83.]
Box
1989/046-2 Charters, 1935-1944
[Inactive charters, nos. 84, 85, 86, 87, 88, 89, 93, 94, 95, 96, 98, 99, 101, 102, 103, 105, 106(2), 107, 108, 109, 110, 111, 112, 114, 115, 118, 120, 121, 122, 124, 125, 126, 127, 130, 131, 132, 133, and 135.]
Box
1989/046-3 Charters, 1944-1953
[Inactive charters, nos. 138, 140, 141, 148, 149, 151, 160, 161, 162, 163, 164, 168, 169, 171, 175, 178, 180, 183, 186, 191, 193, 194, 195, 196, 200, 209, 211, 220, 222, 224, 228, 233, 234, 237, 244, 254, 257, 260, 265, 267, 270, 272, and 275.]
Box
1989/046-4 Charters, 1953-1954
[Inactive charters, nos. 281, 294, 299, 302, 309, 310, 311, 313, 314, 318, 321, 323, 334, 335, 340, 344, 345, 346, 350, 351, 353, 354, 355, 367, 369, 383, 387, 390, 392, 396, 398, 404, 406, 410, 413, and 418.]
Box
1989/046-5 Charters, 1954-1963
[Inactive charters, nos. 419, 428, 431, 434, 435, 442, 445, 446, 448, 453, 456, 461, 472, 476, 477, 490, 491, 492, 495, 496, 499, 504, 507, 512, 519, 522, 528, 529, 530, 531, 540, 541, and 551.]
Box
1989/046-6 Charters, 1963-1973
[Inactive charters, nos. 552, 557, 563, 571, 575, 587, 588, 589, 594, 599, 601, 604, 608, 611, 614, 622, 624, 628, 633, 634, 646, 652, 657, 664, 670, 674, 675, 691, 692, 695, 698, 710, 713, 715, 724, 729, 740, and 741.]