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TABLE OF CONTENTS


Overview

Agency History

Scope and Contents of the Records

Arrangement of the Records

Restrictions

Index Terms

Related Material

Administrative Information

Description of Series

Texas Credit Union Commission minutes and agenda, 1987-1997,

Texas State Library and Archives Commission

Texas Credit Union Department:

An Inventory of Credit Union Commission Minutes and Agenda at the Texas State Archives, 1987-1997



Overview

Creator: Texas. Credit Union Dept.
Title: Credit Union Commission minutes and agenda
Dates: 1987-1997
Abstract: The Texas Credit Union Commission was created to supervise, consult with, advise, and make recommendations to the Texas Credit Union Commissioner; and to adopt rules for the regulation and classification of credit unions, and the determination of fees charged credit unions. These functions are represented in the minutes and agenda of the commission. Minutes are created to document in a thorough but summary fashion the official actions of the commission in its meetings. Agenda inform the public as to what will be discussed and/or decided at each commission meeting. The records include minutes and occasionally agenda (sometimes contained within the Credit Union Department newsletter) of the Texas Credit Union Commission, dating 1987-1997. Typical minutes include proposals and adoptions of rules, discussions and decisions on pending legislation, appropriations requests, and committee reports.
Quantity: 0.48 cubic ft.
Language: These materials are written predominately in English with scattered Spanish throughout.
Repository: Texas State Archives

Agency History

Legislation allowing for the organization and chartering of rural credit unions in Texas was passed in 1913 (Senate Bill 458, 33rd Texas Legislature). Supervision and regulation of credit unions was assigned to the State Banking Board, and charters were issued by the State Banking Commissioner.

In 1949 (House Bill 593, 51st Texas Legislature), the five-member Credit Union Advisory Commission was created. Its duties were to advise the Banking Commissioner on improving conditions and services of credit unions. Its members were appointed by the governor from a list supplied by Texas credit unions, and served three-year terms.

In 1969 (Senate Bill 317, 61st Texas Legislature), the responsibilities concerning credit unions were transferred from the Banking Department to a newly created independent agency, the Texas 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 Texas Credit Union Commission, which superseded the Credit Union Advisory Commission. The Texas Credit Union Commission was initially composed of six members appointed by the Governor of Texas with the approval of the Texas Senate for six year overlapping terms. A chair is elected annually by the members.

In 1981 (House Bill 1399, 67th Texas Legislature) the number of commissioners was increased to nine (six representing the credit union industry, and three representing the general public), and its powers shifted from advisory to supervisory. In 1999 (Senate Bill 1368, 76th Texas Legislature) the number of industry members decreased from six to four, and the number of public members increased from three to five. Currently four of the members represent the credit union industry, as directors, officers, or committee members of different Texas credit unions, with at least five years of active experience. Five of the members represent the public, and must have no affiliation whatsoever (except as members or customers) with financial institutions (banks, credit unions, or savings and loan associations).

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.

As of June 2005, the Department supervised and regulated 231 active state-chartered credit unions and the Texas branch offices of 23 out-of-state credit unions.

(Sources include the following: the enabling legislation (1913, 1949, 1969, 1981, and 1999); the Guide to Texas State Agencies, 11th edition (2001); the article "Credit Union Department" by John G. Johnson in the Online Handbook of Texas; and the agency's website at http://www.tcud.state.tx.us/.)

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Scope and Contents of the Records

The Texas Credit Union Commission was created to supervise, consult with, advise, and make recommendations to the Texas Credit Union Commissioner; and to adopt rules for the regulation and classification of credit unions, and the determination of fees charged credit unions. These functions are represented in the minutes and agenda of the commission. Minutes are created to document in a thorough but summary fashion the official actions of the commission in its meetings. Agenda inform the public as to what will be discussed and/or decided at each commission meeting. The records include minutes and occasionally agenda (sometimes contained within the Credit Union Department newsletter) of the Texas Credit Union Commission, dating 1987-1997. Typical minutes include proposals and adoptions of rules, discussions and decisions on pending legislation, appropriations requests, and committee reports. The committees include the following: Rules Review Committee, Investments Committee, Special Investigation Committee, Credit Union Assistance Committee, Commissioner Evaluation Committee, Legislative Advisory Committee, Field of Membership Guidelines Committee, Director Qualifications Committee, Texas Share Guaranty Credit Union Oversight Committee, and Indirect Financing Task Force Advisory Committee. The rules adopted by the commission concern the chartering, operations, mergers, and liquidations of Texas credit unions; administrative proceedings (including appeals of the Credit Union Commissioner's decisions to the commission); share and depositor insurance protection; and commission policies, including fees charged to credit unions.

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Arrangement of the Records

These records are arranged by the creator chronologically.

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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.

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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:
Minutes--Texas--Credit unions--1987-1997.
Agendas--Texas--Credit unions--1988-1996.
Functions:
Regulating credit unions.

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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 Credit Union Department, Inactive charters, 1929-1974, 6 cubic ft.
Finance Commission of Texas, Minutes, 1977-1978, 1991-2005, 1.26 cubic ft. [There is no finding aid for these unprocessed records. Call numbers are 1998/133-1 thru 2, 2002/182, and 2001/052. Beginning in 2003, there are minutes of joint meetings with the Credit Union Commission.]

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Administrative Information

Preferred Citation

(Identify the item), Texas Credit Union Commission minutes and agenda. Archives and Information Services Division, Texas State Library and Archives Commission.

Accession Information

Accession numbers: 1998/237, 2004/202

These records were transferred to the Archives and Information Services Division of the Texas State Library and Archives Commission by the Texas Legislative Reference Library on August 10, 1998; and July 15, 2004.

Processing Information

Tony Black, August 2005

Other Formats for the Records

The Texas Credit Union Commission periodically mounts its recent minutes (http://www.tcud.state.tx.us/about/minutes.html) and agenda (http://www.tcud.state.tx.us/about/commission.html) on the agency web site. As of September 2005, this includes minutes from Commission and committee meetings dating November 2002-June 2005; and agenda of Commission and committee meetings (in pdf format) dating January-September 2005.

Location of Originals

The record copies of minutes and agenda are maintained by the Texas Credit Union Commission.

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Detailed Description of the Records

 

Texas Credit Union Commission minutes and agenda, 1987-1997,
0.48 cubic ft.

Box
2004/202-1 Results of Commission meeting (newsletter), July 1987
Minutes, October 30-31, 1987
Minutes, January 29, 1988
(Missing minutes from April 7, 1988)
Minutes, June 7, 1988
Minutes, August 9, 1988
Minutes and agenda, October 27, 1988
Minutes and agenda, January 24, 1989
Minutes and agenda, February 17, 1989
Minutes and agenda, April 13, 1989
Minutes and agenda, June 30, 1989
Minutes, August 15, 1989
Minutes and agenda, December 11, 1989
Minutes and agenda, January 26, 1990
Minutes, March 20, 1990
Minutes, April 19, 1990
Minutes, June 25, 1990
Minutes and agenda, August 24, 1990
Minutes, November 14, 1990
Minutes, December 10, 1990
Minutes, January 31, 1991
Minutes and agenda, March 4 and 20, 1991
Minutes, April 30, 1991
Minutes and agenda, July 12, 1991
Minutes and agenda, September 20, 1991
Minutes, December 3, 1991
Minutes, January 17, 1992
Minutes, April 2-3, 1992
Minutes, September 11, 1992
Minutes, October 8, 1992
Minutes, November 16, 1992
Minutes, January 14 and 15, 1993
Minutes, March 5, 1993
Minutes, March 29, 1993
Minutes, April 14, 1993
Minutes, May 24, 1993
Minutes, June 16, 1993
Minutes, August 2, 1993
Minutes, August 23, 1993
Minutes, October 18, 1993
Minutes, December 6, 1993
Box
2004/202-2 Minutes, February 14, 1994
Minutes, April 14, 1994
Minutes, June 3, 1994
Minutes, August 5, 1994
Minutes and agenda, November 4, 1994
Minutes and agenda, February 13, 1995
Minutes, April 7, 1995
Minutes, June 16, 1995
Minutes, October 6, 1995
Minutes, January 9, 1996
Legislative Advisory Committee, Minutes, April 11, 1996
Minutes and agenda, April 12, 1996
Legislative Advisory Committee, Minutes, July 11, 1996
Minutes, July 12, 1996
Minutes, October 7, 1996
Minutes, November 15, 1996
Legislative Advisory Committee, Minutes, November 15, 1996
Minutes, January 17, 1997
Legislative Advisory Committee, Minutes, April 18, 1997
Minutes, April 18, 1997
Legislative Advisory Committee, Minutes, July 17, 1997
Minutes, July 18, 1997
Field of Membership Committee, Minutes, August 29, 1997
Legislative Advisory Committee, Minutes, October 9, 1997
Commissioner Evaluation Committee, Minutes, October 10, 1997
Minutes, October 10, 1997
Field of Membership Committee, Minutes, December 5, 1997

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