Denton, Texas — According to state and local development sources, DATCU Credit Union plans to invest $1,200,000.00 to build out 5,000 square feet of new space in Denton. The company plans to occupy the new space at 3210 Teasley Lane in Denton, on or about June 1, 2025. According to the company website DATCU opened during the Great Depression. We survived the hard times, thrived during the good times, and have always worked to make our members’ lives better and local communities stronger. The 1930’s in the Unites States was not our finest hour. We were in the heart of the depression and the future looked grim. Times were difficult for everyone, especially educators in a time of war and depression. However, the timing was perfect for an outstanding long-lived financial organization to be born. The idea of credit unions originated from the thought of people pooling their money together to make loans to each other at a low interest rate, to eliminate the dominance of a bookie. The idea is the essence of People Helping People. This is exactly what two North Texas State College professors, Dr. V.Y. Craig and Ross Compton, along with 11 other educators did when they pooled $650 together, and established Denton County Teachers Federal Credit Union. Today, we serve more than 100,000 members and have assets of more than $1.5 billion. We attribute our success to outstanding service, hiring great employees who care about the communities and members they serve, and giving back. We are committed to supporting nonprofits, civic organizations, and our schools.

To learn more about DATCU Credit Union, visit http://www.datcu.org/

Company Contact:
Dale Kimble, Chief Executive Officer
940-387-8585

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