About Us History of USECU Contact USECU   History of USECU           A credit union is a nonprofit, cooperative financial institution owned by its members. Organized to serve, democratically controlled credit unions provide their members with a safe place to save and borrow at reasonable rates. Members pool their funds to make loans to one another. The volunteer board that runs the credit union is elected by the members.           Not for profit, not for charity, but for service, is a credit union motto.           The credit union movement has its origins in England and Germany in the mid-1800s. The concept was established in the United States in the early 20th Century. With the upswing of the U.S. economy in the 1920s, the credit union movement became increasingly popular.           This credit union was originally chartered in December 1933, as the Houston Railway Postal Clerks Credit Union. Following the tradition of "one member, one vote" the credit union has undergone frequent name changes reflecting continue growth in its field of membership.           Today, USE Credit Union has over 16,000 members, three branch offices and remains dedicated to our mission statement to: Encourage members' personal success through exceptional financial services today and tomorrow.