Impacting Our Community
At AMOCO, we love making our communities stronger because they are owned by the members we serve every day. By strengthening the well-being of our communities, we help create a better and more resilient community for us all. Check out how AMOCO is making an impact on the community!
AMOCO in the Community
Texas City Branch: Building Upon a Legacy
We are excited to announce that our location at 2300 Texas Avenue, our home base for 54 years, is set for a transformative journey. Our Motor Annex (drive-thru) building will undergo a complete renovation to provide an enhanced full-service lobby and drive-thru experience. Once the renovations are complete, we will permanently close the main building.
As we embark on this construction adventure, the drive-thru will be temporarily closed from December 16, 2024, to mid-July 2025. We recognize this may present some challenges, so to ease this transition we plan to extend our lobby hours during construction for teller transactions.
Temporary Lobby Teller Operations Hours:
- 8:30 a.m. – 5:30 p.m. | Monday – Friday
- 9:00 a.m. – 12:00 p.m. | Saturday
Other lobby services will continue to be offered from:
- 9:00 a.m. – 5:00 p.m. | Monday – Friday
Change is Good and Perks are Better!
We are excited to announce a transformation in our Member Rewards program! Our revamped approach now offers you product-specific benefits that deliver exceptional value. While our previous program had its strengths, it primarily focused on your overall relationship with the credit union rather than on the specific needs of your financial journey. With this revamp, we’re putting the spotlight on what matters most to you.
With our new program, you can unlock benefits simply by utilizing the services that best fit your needs. For instance, if you’re seeking ATM refunds, upgrading to our Perks Checking account is the perfect choice. This account comes packed with exclusive benefits like fuel discounts, telemedicine services, cell phone protection, roadside assistance, identity monitoring, and incredible local shopping deals. Plus, you’ll continue to enjoy perks like early direct deposit and complimentary credit monitoring!
If you’re eager to maximize your investment potential, our competitive rates on Term Share Certificates present an unbeatable opportunity to earn more on larger deposits. Another option is our new Advantage Checking, which boasts a higher interest rate compared to our other checking accounts. This is your chance to make your money work harder for you!
Don’t miss out on exclusive promotional opportunities that could enhance your rewards even further. Remember, we’re always here to help if you discover a better deal elsewhere! When it comes to your loan needs, your dedicated loan officer will advocate for you, ensuring you secure the best rate tailored to your individual situation. Our new Protection Bundle Discount program also rewards you with a rate discount when you purchase add-on protection products for your loan—adding even more value to your experience.
Your financial success is our priority, and we’re here to help you achieve it!
AMOCO Ranked Among America’s Best Regional Banks and Credit Unions
AMOCO Federal Credit Union Named One of Newsweek’s America’s Best Regional Banks and Credit Unions
Texas City, Texas, March 28, 2025 – AMOCO FCU is proud to announce its recognition as one of America’s Best Regional Banks and Credit Unions 2025 by Newsweek and Plant-A Insights Group. This recognition follows an extensive analysis of over 9,000 institutions, with more than 70,000 customer surveys collected and millions of social media comments reviewed.
“We’re extremely honored to receive this prestigious designation as one of the best credit unions in America,” stated Shawn Bailey, CEO of AMOCO FCU. “This recognition is a testament to our unwavering commitment to carry out our mission to serve the financial needs of our membership.” |
Newsweek and the market data research firm Plant-A Insights Group focused specifically on regional banks and credit unions, excluding nationwide banks from consideration. The unique criteria used to determine the honorees covered various aspects, including profitability, financial relevance, risk exposures to financial uncertainties and the overall health and stability of the financial institution.
“Regional banks and credit unions are the financial backbone of communities nationwide as they support small businesses, fund local projects and ensure easy access to essential banking services. Newsweek and market-data research firm Plant-A Insights are proud to introduce “America’s Best Regional Banks and Credit Unions 2025,” highlighting companies utilizing a community- and customer-centric approach to make a big financial impact in their neighborhoods.” |
– Nancy Cooper
Global Editor in Chief
Newsweek
About AMOCO FCU
Headquartered in Texas City, TX, AMOCO Federal Credit Union was founded as A Member-Owned Cooperative Organization. For over 87 years, AMOCO has been committed to “serving the financial needs of its members”. With more than 109,000 members, $1.4 billion in assets, $1.1 billion in loans outstanding, and $125 million in equity, AMOCO has become one of the top 10 locally-owned financial institutions in the Houston/Galveston market. For more information about AMOCO, please visit https://www.amocofcu.org/meet-amoco/.
AMOCO's Magnolia Creek Branch Opening on March 27
AMOCO Federal Credit Union Magnolia Creek Branch Opening
League City, Texas, March 21, 2025 –AMOCO Federal Credit Union is excited to announce the opening of its Magnolia Creek Branch on Thursday, March 27, 2025. This 3,100 square-foot facility is conveniently located at the corner of Bay Area Blvd & W League City Pkwy (4510 W League City Pkwy), in League City.
The branch will feature a fully staffed lobby, in-branch Video Banking kiosks, and an Interactive Teller Machine (ITM) drive-thru service. ITMs offer enhanced ATM access along with live teller assistance, allowing members to perform various transactions just like at a traditional drive-thru. Services include cash deposits, withdrawals, transfers, loan payments, balance inquiries, check deposits, and more.
AMOCO has been actively involved in the Magnolia Creek community for years, dedicating significant efforts in the past year. Our business and community development teams have participated in events such as Bauerschlag Elementary Field Day, Gilmore Elementary Gator Bash, Magnolia Creek Golf Club’s annual golf tournament, and the Perry Family YMCA Halloween event. Members and local residents can expect to continue seeing AMOCO in the community after the branch opens, as we have several things planned.
About AMOCO FCU
Headquartered in Texas City, TX, AMOCO Federal Credit Union was founded as A Member-Owned Cooperative Organization. For over 87 years, AMOCO has been committed to “serving the financial needs of its members”. With more than 109,000 members, $1.4 billion in assets, $1.1 billion in loans outstanding, and $125 million in equity, AMOCO has become one of the top 10 locally-owned financial institutions in the Houston/Galveston market. For more information about AMOCO, please visit https://www.amocofcu.org/meet-amoco/.
AMOCO Donates $25,000 to Bay Area Habitat for Humanity
AMOCO Donates $25,000 to Bay Area Habitat for Humanity to Support Texas City Build
Texas City, Texas, March 20, 2025 – AMOCO Federal Credit Union recently donated $25,000 to Bay Area Habitat for Humanity, a non-profit home builder assisting families in need. This generous contribution reflects the shared commitment of both organizations to building stronger, more resilient communities.
“AMOCO has a proud history of supporting local non-profits and community initiatives. Our partnership with Bay Area Habitat for Humanity perfectly aligns with our commitment to help our members, and the community to achieve personal success and financial stability through homeownership,” said Ashley Carner, President & COO of AMOCO FCU.
Earlier this year, AMOCO celebrated a remarkable milestone, financing over 2,800 real estate loans totaling nearly $500 million. This achievement highlights the credit union’s mission – to serve the financial needs of its members.
“We are incredibly proud to support Bay Area Habitat for Humanity,” Carner stated. “To commemorate our accomplishments in real estate lending, we have chosen to co-sponsor the Texas City build alongside two local leaders, Marathon Petroleum and the Moody Foundation.”
The home will be built with the collaborative effort of volunteers from AMOCO, the Moody Foundation, Marathon Petroleum, and the future homeowner, all united to create a significant and lasting impact in the community.
About AMOCO FCU
Headquartered in Texas City, TX, AMOCO Federal Credit Union has proudly operated as A Member Owned Cooperative Organization for over 86 years has been committed to its mission of “serving the financial needs of its member / owners.” With over 108,000 members, $1.4 billion in assets, $1.1 billion in loans outstanding, and $125 million in equity, AMOCO has established itself as one of the top 10 locally owned financial institutions in the Houston/Galveston area. To learn more about AMOCO, please visit https://www.amocofcu.org/meet-amoco/.
AMOCO Named Higher Up Texas' Partner of the Year
AMOCO Named Higher Up Texas’s Partner of the Year
Texas City, Texas, March 11, 2025 – AMOCO Federal Credit Union is proud to be recognized as the 2025 HUT Partner of the Year by Higher Up Texas. We appreciate this honor and the opportunity to help students learn financial literacy and skills that will aid them in their futures.
About AMOCO FCU
Headquartered in Texas City, TX, AMOCO Federal Credit Union has proudly operated as A Member Owned Cooperative Organization for over 86 years has been committed to its mission of “serving the financial needs of its member / owners.” With over 108,000 members, $1.4 billion in assets, $1.1 billion in loans outstanding, and $125 million in equity, AMOCO has established itself as one of the top 10 locally owned financial institutions in the Houston/Galveston area. To learn more about AMOCO, please visit https://www.amocofcu.org/meet-amoco/.
Ashley Carner Named as President / Chief Operating Officer
Ashley Carner Named as President / Chief Operating Officer
Texas City, Texas, October 15, 2024 – AMOCO is pleased to announce the promotion of Ashley Carner from Chief Operations Officer to President / Chief Operating Officer effective January 1st, 2025. In her new role, Carner will continue reporting directly to Chief Executive Officer, Shawn Bailey and will manage all operational aspects of the Accounting & Finance, Administration, Operations, and Technology divisions, allowing Bailey to predominately focus his efforts on Advocacy, Business Development, Collaborations, Governance, and Strategic Planning.
“Ashley is an amazing leader and has played a critical role in AMOCO’s success throughout her career,” Bailey said. “More importantly, Ashley consistently demonstrates the principles of a servant leader and is completely committed to AMOCO’s mission and our members’ financial success. I am also proud to say that this critical leadership role is being filled internally by an individual that started on the front lines for AMOCO and now has become the second highest ranking individual in the organization, President.” |
Carner joined AMOCO in 2005 as a Member Service Representative and was promoted to Vice President of Operations in 2010, Executive Vice President of Operations in 2014, and Chief Operations Officer in 2016. She holds a Bachelor of Science, Business Administration degree from Northwestern State University and a Master of Business Administration (MBA) degree in Finance and Management from Tulane University – A.B. Freeman School of Business. She also received the “Award of Excellence” during her studies at Southwest CUNA Management School at Texas Christian University.
“I am honored to take on this new role for AMOCO and to continue working closely with Shawn, the leadership team, and staff to achieve our mission of “serving the financial needs of our members,” Carner said. |
Carner is also committed to the communities that AMOCO serves as exemplified by her past and current engagement and service for Houston Methodist Women’s Advisory Group, Association of Business & Professional Women, Santa Fe Economic Development Corporation, Higher Up Texas, SAVE Rescue, Independence Village, Santa Fe Chamber of Commerce, and Clear Lake Chamber of Commerce.
Carner resides in Santa Fe, Texas with her husband Chad Carner and two children.
AMOCO Recognized as Best-in-Class Employer
Texas City, Texas, February 21, 2025 — AMOCO FCU has been recognized as a Best-in-Class Employer in Gallagher’s 2024 U.S. Benefits Strategy & Benchmarking Survey. This recognition underscores AMOCO’s excellence in implementing effective strategies for managing people, benefits and HR programs. AMOCO was selected for its comprehensive approach to strategically investing in benefits, compensation and the employee experience — all aimed at supporting the health, financial confidence and career growth of its employees while maintaining a sustainable cost structure.
Gallagher’s Best-in-Class Employer designation helps current and prospective employees understand and appreciate an organization’s workplace culture and people strategy, which are crucial differentiators in today’s competitive labor market.
“AMOCO has a long-standing tradition of prioritizing the well-being of our employees, and this recognition fills us with pride,” said Gail Figueroa, CAO of AMOCO FCU. “This award affirms that our commitment to supporting our employees and investing in their overall well-being is making a meaningful difference.” |
As a U.S. Best-in-Class Employer, AMOCO earned points based on its performance in several key areas:
- Planning horizons for the benefits and compensation strategies
- Extent of the wellbeing strategy
- Turnover rate for full-time equivalents (FTEs)
- Completion of a workforce engagement survey
- Use of an HR technology strategy and its level of sophistication
- Difference in healthcare costs over the prior year
“AMOCO recognizes the crucial link between people’s wellbeing and organizational success,” said William F. Ziebell, CEO of Gallagher’s Benefits & HR Consulting Division. “When employees enjoy their work, appreciate their benefits and feel connected, the organization thrives — boosting positivity, retention, performance and overall prosperity. That proactive people strategy helps make AMOCO a Best-in-Class Employer.” |
About the Best-in-Class Benchmarking Analysis
Gallagher’s U.S. Best-in-Class Benchmarking Analysis profiles statistically significant attributes of top-performing midsize (100-999 FTEs) and large employers (1,000 or more FTEs). Data from Gallagher’s 2024 U.S. Benefits Strategy & Benchmarking Survey was interpreted to identify participants that excel in optimizing employee and organizational wellbeing.
About Gallagher
Gallagher (NYSE:AJG), a global insurance brokerage, risk management and consulting services firm, is headquartered in Rolling Meadows, Illinois. Gallagher provides these services in approximately 130 countries around the world through its owned operations and a network of correspondent brokers and consultants.
About AMOCO FCU
Headquartered in Texas City, TX, AMOCO Federal Credit Union has proudly operated as A Member Owned Cooperative Organization for over 86 years has been committed to its mission of “serving the financial needs of its member / owners.” With over 108,000 members, $1.4 billion in assets, $1.1 billion in loans outstanding, and $125 million in equity, AMOCO has established itself as one of the top 10 locally owned financial institutions in the Houston/Galveston area. To learn more about AMOCO, please visit https://www.amocofcu.org/meet-amoco/.
Member Appreciation Night
On Thursday, October 17, AMOCO celebrated International Credit Union Day with our Member Appreciation Night at Main Event in Webster, TX. AMOCO members enjoyed family fun, good food, games, a kids’ zone, face painting, caricatures, bowling, and more.
October 2024 Shred Day
On October 12, we kicked off International Credit Union Week by hosting Shred Day at our venue sponsor, Main Event Webster. We had over 150 vehicles and shredded a whopping 20,000 pounds of personal documents, ensuring the safe disposal of unwanted papers. Even more heartwarming, the generous donations to Texas EquuSearch totaled $1,700, supporting their efforts in search and recovery services for families of missing persons and law enforcement.
Every Ribbon Tells A Story
On Saturday, October 5, AMOCO was proud to attend the Every Ribbon Tells a Story Organization’s 8th Annual Gospel Explosion—bringing awareness to breast cancer, which celebrated survivors and remembered those who lost their battle.
Magnolia Creek Branch Coming Soon
AMOCO will be expanding to Magnolia Creek in League City in 2025. The 3,100 square-foot building will be located near the corner of Bay Area Blvd & W League City Pkwy (4510 W League City Pkwy). Visit our page for updates!
Best Credit Union
Thank you to everyone who voted and chose AMOCO Federal Credit Union as their #1 ‘Best Credit Union’ for 12 years in a row! We’re also grateful to be voted as finalists for Best Financial Advisor and Best Mortgage Lender.
AMOCO Young Professionals Volunteer Day
On September 21, representatives from AMOCO and our Young Professionals group assisted M.I. Lewis Social Services in Dickinson with a food distribution to the community.
Seeding Galveston
Several AMOCO employees spend a morning volunteering at Seeding Galveston, lending a hand at their farm. These employees weeded, harvested, fed the farm animals, and spent time with their farm dog, Zuzu.
New Teachers in Our Communities
In preparation for the new school year, AMOCO had the pleasure of welcoming hundreds of new local teachers! Seeing the community come together to support these dedicated educators to succeed in their classrooms was inspiring.
National Drive-Thru Day
Thank you to all our wonderful members for making National Drive-Thru Day so special! Tellers decorated cash-back envelopes, and random members were surprised with gift cards from local businesses.
H.I.S. Ministries Back-to-School Bash
On Friday, July 26, AMOCO volunteered for H.I.S. Ministries West Galveston County’s Back-to-School Bash 2024. AMOCO delivered backpacks and school essentials to over 300 children in Galveston County.
Servant's Heart Award
On June 14, AMOCO held its annual Volunteer Appreciation Dinner at the Galveston Railroad Museum and proudly presented Tim Miller, founder of Texas EquuSearch, with the inaugural Servant’s Heart Award. The prestigious award recognizes Individuals who have demonstrated exceptional dedication and service to their community.
In addition to presenting the award, AMOCO donated $25,000 to Texas EquuSearch to support the organization’s ongoing efforts in search and recovery missions.
EquuSearch is a non-profit organization that provides search and rescue services to families of missing persons and law enforcement.
Business of the Quarter
On July 23, South Belt-Ellington Chamber of Commerce presented AMOCO’s Clear Lake City Branch with the Business of the Quarter award. We are grateful for this recognition!
40 Under 40
AMOCO was a proud sponsor of the 2024 class of 40 Under 40 at a mixer held by The Galveston County Daily News on July 17 at Lago Mar Lagoon in Texas City. The Daily News 40 Under 40 Program recognizes men and women across all industries who have demonstrated personal and professional success and a commitment to the community.
Mike Evans Foundation
On June 29, AMOCO had a blast sponsoring the 2024 Mike Evans Family Foundation Youth Football Camp in Galveston. The hometown hero and Super Bowl Champ, Mike Evans, hit the field to mentor the young football stars.
Interns at Galveston County Food Bank
AMOCO’s dedicated interns generously volunteered at the Galveston County Food Bank on June 14, helping in the pantry and contributing to vital fundraising activities. We are grateful for the chance to give back!
Power of Partner Award
United Way Galveston County Mainland awarded AMOCO its prestigious Power of Partner Award. This award acknowledges AMOCO’s commitment and assistance in working together and expanding our relationship, expertise, and resources to advance United Way’s mission.
2024 Scholarship Winners
On May 14, we celebrated our Honorarium Scholarship winners at our Annual Scholarship Reception. Congratulations to all the scholarship recipients (left to right): Kendall McCardell, Nathan Hudnall, Reese Townsend, Kendall Balfour, and Diego Battles.
April 2024 Shred Day
AMOCO held a successful Shred Day event hosted by the Houston Methodist Clear Lake Hospital on Saturday, April 20th, to celebrate Earth Day. The event was open to members and the community, with over 250 vehicles in attendance, and more than 20,000 pounds of unwanted documents were safely shredded and recycled. Additionally, the non-profit organization Interfaith Caring Ministries (ICM) set up a booth at the event and collected $1,400 in cash and supplies for its food pantry with the help of its volunteers.
Galveston County Fair & Rodeo
AMOCO is a proud Ruby Sponsor of the Galveston County Fair & Rodeo. On April 11, we hosted a Sneak-Peek-Night featuring the band Bag of Donuts. AMOCO also actively participated in the live auction, purchasing animals raised by local students. Funds from the auction go back to the student to help with the cost of raising the animal or purchasing a future animal.
National Law Enforcement Appreciation Day
On January 10, National Law Enforcement Appreciation Day, AMOCO’s Business Development team delivered treats to several local law enforcement offices to show our appreciation for their incredible service to our communities.
La Marque’s Safe City Initiative
On February 27, AMOCO President/CEO Shawn Bailey pledged a $5,000 sponsorship to the City of La Marque’s Safe City Initiative. This project aims to provide security cameras for senior citizens in the community and support efforts to enhance safety.
Distinguished Service Award
On January 20th, AMOCO was honored to receive the Distinguished Service Award by the Friendswood Chamber of Commerce at their annual gala. A special Certificate of Recognition was presented by State Senator Mayes Middleton, District 11, and State Representative Dr. Greg Bonnen, District 24. We are incredibly grateful for this prestigious honor.
Our Year in Review (2024)
donated to community events supporting local non-profits and fundraising for scholarship programs
contributed to Galveston County Fair & Rodeo in the form of in-kind donations, event sponsorships, and junior auction sales
donated by AMOCO employees and AMOCO to United Way Galveston County Mainland
awarded in AMOCO scholarships
