Heritage Hub Federal Credit Union of Houston, Texas, will open its doors in mid-2025 to primarily serve people who live, work, worship, or attend school in an 84-census-tract community within Harris County, the federal agency that regulates credit unions said Tuesday.
The National Credit Union Administration (NCUA) said the credit union’s charter became effective March 7. The credit union will begin by offering its members basic savings and lending services, including share accounts, share draft accounts, auto loans, and personal loans, it said.
NCUA Chairman Kyle Hauptman, in a statement, noted credit unions’ role in financial inclusion.
“Encouraging new charters and streamlining the chartering process have been priorities for me since I joined the NCUA Board,” he said. “Credit unions have represented financial inclusion for tens of millions of Americans for more than 90 years, and each time we approve a new charter, we are backing the faith people have in themselves to chart their financial futures.”
NCUA Charters Heritage Hub Federal Credit Union to Serve Texas Community