54 YEARS AND GROWING
First Basin Credit Union began providing financial services to the Permian Basin community in 1965. Since that time, many things at First Basin have changed, but one thing has stayed the same: We are committed to providing exceptional service to our members.
Originally named Medical Center Employees Credit Union, we served a small group of members in the Odessa medical community for more than three decades.
In 1988, we became Medical Center Credit Union and expanded our membership to include more employee groups. After merging with the Ector County Employees Credit Union in 1991 and continuing to expand, we were still a small organization in 1995 - with two Odessa branches and fewer than 20 employees, many of whom still work at First Basin.
In 1996, we became Medical Community Credit Union, and our membership expanded further. We served approximately 7,500 members with $28 million in assets. In the following years, our membership surged and our assets grew. We were able to offer more services, dividends and convenience to our members than ever before.
Our membership increased once again in 1999 when Medical Community Credit Union merged with Neighborhood Credit Union. As we entered the new millennium, we had $46 million in assets and more than 14,000 loyal members. We grew to include new counties, acquired new leadership and expanded our services. By 2004 MCCU was serving 16 counties across the Permian Basin.
In 2005, we became First Basin Credit Union - a name that more clearly reflects our broad service area. We have continued to grow and expand by focusing on our mission to provide professional financial solutions that put our members first. Today, we have nearly 100 loyal employees who work to serve more than 25,000 valued members.
While much has changed during the last 50 years, out commitment to delivering an exceptional banking experience has not wavered. Whether making a deposit or financing a new home, we take pride in making every interaction with our members the best it can be. We look forward to future growth and development that will enable us to serve our members more effectively. The future holds exciting development and growth for First Basin Credit Union and our members. Thanks for sharing our first 50 years of success, and we look forward to finding even better ways to be your financial partner as we make new history together.
it's hero time.
- Team First Basin