In 1931, 13 teachers each contributed $5 in order to create what was then known as the Teachers Credit Union. Today, the now named Credit Union of Texas has over 150,000 members throughout Collin County. But CUTX is more than just a credit union.
Invested in the Communities They Serve
Putting people before profits has long been a priority for the credit union, and as a result, they have donated millions of dollars to the community. The natural evolution of their generosity was the formation of the CUTX Charitable Foundation in 2020, which was born from the heart of the board who wanted to give back to the community. Living out its vision to deliver an unexpected experience, CUTX supports dozens of educational and scholastic initiatives in the greater Dallas area by hosting and sponsoring numerous events and fundraisers benefiting schools, community nonprofits, special needs groups, and first responders.
The CUTX Charitable Foundation strives to support and connect other local nonprofits and charities within the community. “We partner with a multitude of organizations to ensure we are giving wherever there is a need,” says Executive Director Tracey Cline. “We work and walk side-by-side with smaller nonprofits because they’re the ones with boots on the ground.”
Five Pillars of Community Outreach
CUTX Charitable Foundation’s mission is to create philanthropic solutions to empower the most vulnerable among the communities they serve. They do this by connecting people in need to local resources. The foundation assists in making these connections for those who are struggling with suburban homelessness, individuals and families experiencing food insecurity, women in crisis, children in crisis, and those with intellectual and developmental needs. The foundation is committed to uniting these groups with the resources they need to be empowered, thriving community members.
Additionally, they serve educational efforts by supporting teachers and offering scholarships for student members, and they are committed to actively sponsoring events and causes that enhance the quality of life for the community. CUTX provides community nonprofit organizations with employee volunteers, offering employees one hour of vacation for every hour of service to the community. Through volunteerism, community sponsorships, and financial education, CUTX strives to make a difference every day.
In the last year, CUTX was recognized with the Communities Foundation of Texas “Be in Good Company” Seal of Excellence, voted the Best Credit Union in DFW by the readers of The Dallas Morning News and named the winner of the Torch Awards for Ethics, Better Business Bureau Serving North Central Texas. “Our mission is to empower the most vulnerable in the community who just want to be seen,” says Cline.
Ways You Can Help
CUTX members can participate in the Save the Change program. Each time you swipe your CUTX debit or credit card, a portion of the interchange fees goes toward the foundation. 100% of your donations go directly to those in need or to organizations serving them.
Another delicious way to give back is by booking a Community Grill Food Truck for your next event! CUTX operates two food trucks that travel around to feed Title 1 schools, teachers, first responders, and veterans. These food trucks are also available to rent for organization events with all proceeds going to the CUTX Charitable Foundation.
“We give from the heart because we truly do care,” says Cline. “It’s important to us to do our part in the community.”
Collin County Homeless Coalition
The Salvation Army
Belle & Sparrows
EXPOW (Exponential Power of Women)
Grateful Gratitude Hearts Foundation
American Cancer Society
5 Loaves Food Pantry
Minnie’s Food Pantry
Community Garden Kitchen
All Community Outreach
Agape Resource & Assistance Center
CASA of Collin County
Special Olympics of Texas
American Red Cross
Be The Match
Collin County Crime Victim Advocacy
Communities Foundation of Texas
Habitat for Humanity
Frisco Family Services
Journey to Dream
It’s A Sensory World!
It’s Going To Be OK!
Junior League of Collin County
Local Good Center
Wipe Out Kids’ Cancer