Our History

A credit union is a not-for-profit financial institution owned and controlled by the people who use its services. These people are members. Credit unions serve groups that share something in common, such as where they live, work, worship or attend school. These groups make up a credit union’s field of membership.

My Community Credit Union was federally charted on February 13, 1952, when a local man visited a bank to request a loan for the purchase of a home and was denied. A small group of co-workers for the Atlantic Refining Company (ARCO) joined together to finance this loan so that he could purchase his home and the credit union was born. The original field of membership included employees of the Atlantic Refining Company and the Atlantic Pipeline Company in Midland, Upton, Reagan, Irion, Tom Green, Coke, Sterling, Glasscock, Howard, and Martin Counties.

Originally, the credit union was managed by Dorothy Pinkerton, an employee of the Atlantic Refining Company. She ran the credit union out of her office by helping members during her lunch hour. Dorothy served the credit union until she retired in 1977.

On May 22, 2000, the credit union expanded again by changing our name to Midland Community Federal Credit Union and opening our membership base for all who live, work, worship or attend school in Midland County, Texas.

On October 1, 2000, the credit union merged with Midland Government Employees Federal Credit Union allowing all employees of the federal government in Midland County, Texas Electric and Midland County Government to our member base.

Then on June 1, 2008, Permian Basin Credit Union merged with the credit union to include all employees of the US Post Office and the Odessa American, thus incorporating Ector County into the charter and we became My Community Federal Credit Union.

In June 2017 after months of research, study, and consideration, My Community Federal Credit Union petitioned the National Credit Union Administration (NCUA) for a charter conversion to a state charter from its status as a federal charter. With the approval from NCUA, My Community Federal Credit Union became My Community Credit Union, and our newest location was opened in Allen, Texas expanding our membership to include anyone who lives, works, worships, or attends school in Collin County.

My Community Credit Union has continued to grow since that first loan was made back in 1952, we are currently over 478 million in assets, with a total membership of over 40,000 serving Midland, Ector, and Collin Counties.