News & Events

Ellen Hein/Texas Tech Federal Credit Union Scholarship

LUBBOCK, TEXAS (June 30, 2017) – Applications are now available for the Ellen Hein/Texas Tech Federal Credit Union Scholarship. The scholarship will be awarded to a credit union member pursuing an undergraduate degree at Texas Tech University in the amount of $1000. Applications must be submitted by July 31st, and the recipients will be notified by the end of August.

You can apply online here.

Direct questions to: Scholarships@TexasTechFCU.org.


Ellen Hein:

A Texas Tech University graduate with a Bachelor of Business Administration in Finance, Ellen Hein was hired as CEO of Texas Tech Federal Credit Union in 1997, and retired in 2013. During her tenure at TTFCU the credit union grew significantly in size and membership to include both Texas Tech students and alumni. In addition to the membership growth during her tenure, the credit union built a 6000 square foot building on campus providing full banking services to its members (as well as additional branch facilities) and expanded operations into mortgage lending. Providing opportunities to members, employees and students was always a top priority for Ellen.

Ellen: "I am very honored and proud to have a scholarship named for me to continue to assist students at Texas Tech University. I have long sought to promote student scholarships and learning."


New Logo Announcement

We are excited to announce the launch of our newly designed logo. Over the past several years, our credit union's membership and services have expanded. As such, it is the perfect time to refresh our logo. We have designed our logo with a cleaner, more contemporary design to symbolize the dynamic and innovative credit union we are today. We are very proud of our rich history, which is why our new logo retains the iconic, core element of the Double T.

You will see the new design roll out across our products over the next several months. There will be overlap of the new and old logo throughout the process. If you have printed materials with the old logo, simply continue to use them until you have depleted your stock.

We value our members and hope you are as excited with the new look as we are!


Texas Tech Named a Best Credit Union to Work For

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TTFCU (Left to Right) Russell Dabbs (Board member), Eric Lundberg (CFO), Chris Hutson (CEO), Kim Turner (Board member), Raider Red (Texas Tech University Mascot), Andy Burcham (Board member), Dale Duhan (Board member), Ronald Phillips (Board Chairman) and Jacob Hubik (CLO).

Texas Tech FCU has been named one of the 2015 Best Credit Unions to Work For. Credit Union Journal has partnered with Best Companies Group to identify companies that have excelled in creating quality workplaces for employees.

This survey and awards program is designed to identify, recognize and honor the best credit unions. The full Best Credit Unions to Work For list was featured in the September issue of Credit Union Journal and is available online at CUJournal.com.

To be considered for participation, credit unions had to fulfill the following eligibility requirements:

  • Have at least 25 employees working in the U.S.
  • Be in business a minimum of one year
  • Be in one of the following categories based upon asset size: Over $1 billion, $500M-$1B, $200M-$500M or Under $200M

Determining the Best Credit Unions to Work For involved a two-step process. The first step consisted of evaluating each participating credit union's workplace policies, practices, and demographics. This part of the process was worth approximately 25% of the total evaluation. The second part consisted of employee surveys aimed at assessing the experiences and attitudes of individual employees with respect to their workplace. This part of the process was worth approximately 75% of the total evaluation. The combined scores determined the best credit unions and the final ranking. Best Companies Group managed the overall registration and survey process and also analyzed the data and used their expertise to determine the final ranking.

Texas Tech FCU employees credit a defined service philosophy, a fun work environment and regular employee appreciation as integral parts of their positive work culture. With its core values of Trust, Respect, Excellence, Kindness, and Stewardship (TREKS), the CU employees are encouraged to volunteer at local non-profit organizations. Each employee is allowed one paid day per quarter to serve in the community. So far in 2015, they've committed over 230 volunteer hours to various organizations.

Multiple times a year, the CU promotes fun outings for employees and their families. Recent events include picnics, sporting events and dinner meet-ups at local restaurants. To celebrate birthdays, employees are also given the day off with pay.

Four times a year, the CU selects an Employee of the Quarter (EOQ). Nominations are directly related to how the employee has demonstrated Texas Tech FCU's core values in service to its members and in their role in the organization. Each EOQ is given a personalized award and a paid day off. EOQs are then eligible to be named Employee of the Year at the annual Christmas Party. The Employee of the Year receives a personalized award and a check for $500 dollars.

Since their beginning in the TTU Administration Building in 1959, staff, students and alumni have been enjoying the warm and friendly service that comes with being a member for over 56 years. Texas Tech FCU currently operates four branches, and now serves more than 11,000 members.


Scholarship Winners

Ashley Adams

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Congratulations to Ashley Adams, recipient of the Ellen Hein/Texas Tech Federal Credit Union Undergraduate Scholarship! Ashley (pictured with TTFCU CEO, Chris Hutson) is a junior at Texas Tech University and is majoring in Animal Science Equine Production. With this degree she hopes to promote high-level equine production and represent top horses. In her two years at Texas Tech she has competed for the Texas Tech Ranch Horse Team and was a member of the 2015 National Championship Texas Tech Ranch Horse Team, all while studying as a full time student in the College of Animal Science and Natural Resources. Having done an internship in Oklahoma for a cutting trainer, she learned that horses can be utilized in all stages of their lives in a humane and dignified way, which is how she wants to promote horse care in her professional career.

Rebecca Huddleston

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We're proud to announce that Rebecca Huddleston (pictured with TTFCU CEO, Chris Hutson) is the recipient of the Raymond Green Undergraduate Scholarship. Rebecca is a senior at Texas Tech University and is pursuing a bachelor's degree in Multidisciplinary Studies – Elementary Education, with a specialization in math and science. Rebecca is employed at University Medical Center as the Unit Assistant of 3 East, and has worked there for thirteen years. She also serves as Vice President of the Texas Tech University Student Chapter of National Science Teachers of America. This academic year, Rebecca will be a student teacher at Charles L. Waters Elementary in fourth grade, in the subjects of math and science. After graduation, Rebecca plans to obtain employment at a local elementary school and promote community focus on girls in STEM (Science/Technology/Engineering/Mathematics).

Jacob Tenney

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Congratulations to Jacob Tenney (pictured right, with TTFCU CEO, Chris Hutson) on his selection as the recipient of the Raymond Green Graduate Scholarship! Jacob is a second-year Ph.D. student and a graduate student instructor in the Department of Personal Financial Planning in the College of Human Sciences at Texas Tech University. After working for 7 years at a credit union in Utah, Jacob moved to Lubbock to pursue his Ph.D. at what is considered by many as the best personal financial planning program in the country. Jacob's passion is to help individuals get a better handle on their money. He currently teaches undergraduate classes in personal finance and is preparing to take the Certified Financial Planner exam to become fully certified. Jacob would like to teach both undergraduate and graduate courses in personal finance and personal financial planning once he finishes his degree.


Raymond Green Memorial and Ellen Hein/Texas Tech Federal Credit Union Scholarships

LUBBOCK, TEXAS (June 22, 2015) – Applications are now available for the TTFCU Raymond Green Memorial Scholarship and the Ellen Hein/Texas Tech Federal Credit Union Scholarship. The scholarships will be awarded to credit union members pursuing undergraduate and graduate degrees at Texas Tech University in the amount of $1000 each. Applications must be submitted by July 17th, and the recipients will be notified by the end of August.

You can download the application here.

Direct questions to: Scholarships@TexasTechFCU.org.

Raymond Green:

Raymond Green was a professor of Accounting at Texas Tech University. He retired in 1992 after 36 years of teaching. He received a Bachelor of Science degree from Abilene Christian University and a Master of Arts degree from Hardin-Simmons University. He was a past treasurer of the Texas Tech Federal Credit Union and the Texas Tech Faculty Club. He received the Distinguished Accounting Alumnus Award from the Texas Tech chapter of Beta Alpha Psi in 1988.

Professor Robert Freeman: "Ray was truly a student's professor. He cared deeply about his students, worked hard to simplify complex concepts and procedures to make them understandable, and kept his office door open to students needing his assistance, advice or counsel."

Ellen Hein:

A Texas Tech University graduate with a Bachelor of Business Administration in Finance, Ellen Hein was hired as CEO of Texas Tech Federal Credit Union in 1997, and retired in 2013. During her tenure at TTFCU the credit union grew significantly in size and membership to include both Texas Tech students and alumni. In addition to the membership growth during her tenure, the credit union built a 6000 square foot building on campus providing full banking services to its members (as well as additional branch facilities) and expanded operations into mortgage lending. Providing opportunities to members, employees and students was always a top priority for Ellen.

Ellen: "I am very honored and proud to have a scholarship named for me to continue to assist students at Texas Tech University. I have long sought to promote student scholarships and learning."


Annual Meeting

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55th Annual Meeting

LUBBOCK, TEXAS (March 01, 2014) – McKenzie-Merket Alumni Center

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Meet the Manager Week

LUBBOCK, TEXAS (January 1, 2014) - Texas Tech Federal Credit Union is pleased to announce the appointment of Shayla Rose as Branch Manager of the Ravenwood Branch, located at 4005-98th Street. Shayla comes to Texas Tech Federal Credit Union with more than ten years of banking experience. She is a proud graduate of Texas Tech and has lived in Lubbock for over eighteen years. She is married to Jason and has two children, Rowdy and Payton.


Texas Tech Federal Credit Union invites you to meet Shayla during Meet the Manager Week, February 18th - 21st from 11:00am to 1:00pm each day. Stop by to introduce yourself to Shayla, and enjoy some fun refreshments with the Ravenwood staff.


International Credit Union Day

LUBBOCK, TEXAS (October 17, 2013) - Today we celebrate the theme of "Credit Unions Unite for Good" with more than 196 million people worldwide to establish credit unions as Americans' best financial partner. Credit unions continually demonstrate their ability to improve the lives of individuals, families, communities and countries around the world, and have done so for generations. Unlike many banks, we at Texas Tech Federal Credit Union are not in business to make a profit. Credit unions all over the world are a united front focused on you, the members, with an unwavering belief in the "people helping people" philosophy upon which we were built. That's why, at Texas Tech Federal Credit Union, you are never a number -- you are a member, and we are here to serve you.


Please celebrate International Credit Union Day with us by stopping by one of our branches on October 17, 2013 for light refreshments!



TTFCU's New Chief Executive Officer

LUBBOCK, TEXAS (August 30, 2013) - The Board of Texas Tech Federal Credit Union is pleased to announce the appointment of Chris Hutson as CEO, and the retirement of former CEO Ellen Hein. The Board would like to thank Ellen for over 16 years of outstanding leadership, vision and stewardship as CEO. Chris will now be responsible for driving Texas Tech Federal Credit Union to the next level, building on the solid foundation and momentum achieved under Ellen Hein's leadership. The Board is confident that with this appointment, Texas Tech Federal Credit Union will continue to have both the leadership and the staff to build on its existing strengths and develop in the new directions that will ensure future sustainability and growth.

Chris Hutson has worked in the banking industry for more than 10 years. He received his B.B.A. in finance and accounting as well as his MBA from the Rawls College of Business at Texas Tech University. Chris joined the team at Texas Tech Federal Credit Union in 2004. He served the credit union as the CFO from 2007 until currently being named the CEO. He is a Certified Public Accountant and a graduate of the Southwestern Graduate School of Banking at Southern Methodist University and the Texas Tech School of Banking. He has lived in Lubbock for his entire life. He is married to Denae and has two children, Will and Reed.




Scholarship Winners

LUBBOCK, TEXAS (August 22, 2013) - Congratulations to Sumedha Liyanage, recipient of the TTFCU Lawrence L. Graves Graduate Scholarship! Sumedha is completing her second year as a master degree student and graduate research assistant at Texas Tech in the Plant and Soil Science Department. Sumedha is originally from Sri Lanka, and enjoys sharing her heritage through participation in the Sri Lankan Students Association and the Texas Tech International Cultural Center. Her research is focused on the extraction and characterization of guar gum, which has shown potential use in the hydraulic fracturing industries. In the future, she dreams of completing her doctoral degree and becoming a professor at a research-oriented university to help others enjoy the benefits of higher level educations.


Congratulations to Valentino Julien, recipient of the TTFCU Raymond Green Undergraduate Scholarship! Valentino is a senior at Texas Tech, working on a degree in Civil Engineering. He graduated as Valedictorian from Willow Glen High School, and has been active in the Texas Tech Engineering Ambassadors Organization while attending college. A goal of Valentino's is to complete his bachelor's degree in May 2014, and to acquire his Professional Engineering License as well. Congratulations, Valentino!


Raymond Green and Lawrence L. Graves Memorial Scholarships

LUBBOCK, TEXAS (July 01, 2013) – The Texas Tech Federal Credit Union awards the Raymond Green undergraduate scholarship and the Lawrence L Graves graduate scholarship annually. The memorial scholarships in the amount of $1,000 each are awarded to credit union members pursuing degrees at Texas Tech University. The application deadline is Monday July 29, 2013 and the recipients will be named and contacted by the end of August 2013.


You can download the application here: 2013 TTFCU Scholarship Application


Direct questions to Promotions@TexasTechFCU.org.



Grand Opening Event

LUBBOCK, TEXAS (April 5, 2013) – 4005 98th Street

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54th Annual Meeting

LUBBOCK, TEXAS (March 26, 2013) – McKenzie-Merket Alumni Center

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*Alert: Text Message Scam*

LUBBOCK, TEXAS (April 02, 2012) – If you received the following text message:

"THE CREDIT UNION CENTER ALERT: Your CARD has been DEACTIVATED. Please contact us at 806-576-8392."

THIS IS A SCAM. Do not respond to the text or call the number listed. Texas Tech Federal Credit Union will never contact you by text with this type of alert or ask for your personal information over the telephone. If you provided your account information by responding to this text message or by calling the number listed above, please contact us immediately at (806)742-3606 or 1-877-546-1818. The safety of your account information is our top priority.



53rd Annual Meeting

LUBBOCK, TEXAS (March 27, 2012) – McKenzie-Merket Alumni Center

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Holiday Skip-a-Pay

LUBBOCK, TEXAS (December 01, 2011) – It's that time of year again! As our gift to you this holiday season, you can skip a loan payment at Texas Tech Federal Credit Union. Contact a Personal Banker today at (806) 742-3606 for more information. This offer is valid through January 31, 2012. Some restrictions do apply.

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International Credit Union Day

LUBBOCK, TEXAS (October 20, 2011) – Celebrate International Credit Union (ICU) Day with us on Thursday, October 20th by visiting one of our branches for cookies, cider and historically low interest rates!

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TTFCU Food Drive

LUBBOCK, TEXAS (June 1, 2011) – Hunger doesn't take a vacation. Donate any type of canned food items at any Texas Tech FCU branch and be entered to win a $25.00 Gift Card. Please help us support the South Plains Food Bank! The gift card promotion ended 7/31/11 but please check back with us next summer!

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Earth Day

LUBBOCK, TEXAS (April 22, 2011) – Come to any of our branches on Friday, April 22nd and donate to the Lubbock Parks & Recreation Department. As a reminder your credit union offers free shredding service. Bring in your shred and it will be recycled to help make paper towels. Also, sign-up for eStatements and receive your statement electronically. Finally go visit the Lubbock Recycling center, and help us recycle.

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52nd Annual Meeting

LUBBOCK, TEXAS (March 10, 2011) – Texas Tech Federal Credit Union will host its 52nd Annual Meeting on Tuesday, March 29th at the Merket Alumni Center. The meeting will start at 5:30pm and there will be door prizes and refreshments. This is a celebration of the 52 years that we have been able to serve you. Join us to hear from your leaders of the credit union and to see how your financial institution is doing.


"Brilliant at the Basics"

LUBBOCK, TEXAS (March 9, 2011) – Join us for a free seminar presented by Red to Black® on April 6, 2011 from noon-1:00pm in room 150 of the HSC Academic Classroom Bldg. Red to Black® provides financial counseling and education for the Texas Tech Community. The seminar will cover budgeting, retirement plans, and more! A FREE box lunch will be provided for the first 35 attendees!


Online Bill Pay Contest

LUBBOCK, TEXAS (February 1, 2011) – You could win $5,000 for using FREE online bill pay! Every time you make an online payment in February and March you will receive an automatic entry into the sweepstakes. Click here for more details!

MasterCard debit cards!

LUBBOCK, TEXAS (November 17, 2010) – Starting today your new MasterCard debit card is active and you can start enjoying this new and improved service! Transactions post to your account faster than ever making it easier to keep track of your finances. If you have a Visa debit card please be sure to activate and use your new MasterCard before you destroy the old card to avoid any issues. Your Visa debit card will be turned off on December 31, 2010 so please start using your new card as soon as possible! If you did not received it please give us a call as it may have been sent to the Main Branch. Please note that the debit card changes do not affect any TTFCU Credit Card. If you have any questions you are welcome to stop by or call us at 1-877-546-1818!

Important changes to your debit card

LUBBOCK, TEXAS (October 21, 2010) – Beginning November 1st we will start shipping new MasterCard debit cards to replace your Visa debit card. Instructions on activating your new card will be sent in the mailer. Be sure to activate your card on or after our GO LIVE date of Wednesday, November 17th. Please destroy your current Visa debit card after you have activated your new MasterCard debit card and made sure it is working properly. Your Visa will cease to work at the end of 2010. Additional features such as savings account access at ATMs are coming with the new cards.


International Credit Union Day - October 21st

LUBBOCK, TEXAS (October 18, 2010) – Join us this Thursday, October 21st in celebration of Credit Unions around the world. More than 186 million people worldwide belong to a Credit Union just like us. So come on by for a visit! Click here for a history of ICU Day.

TTFCU Updates Fee Schedule

LUBBOCK, TEXAS (October 7, 2010) – In our September quarterly statement, we sent out an updated fee schedule that goes into effect October, 31st 2010. We only made two changes to the fee schedule: the addition of the inactive account fee and the addition of the Levy/Garnishment processing fee. We have had numerous questions regarding the inactive account fee and we would like to clarify on this item. An account is considered inactive if no deposits or withdrawals have been made to the membership in a 24-month period. Exceptions to this rule include memberships with credit cards or loans, and any membership with over $100. Any membership that is considered inactive will be charged $5.00 per month until the account becomes active again, closed, depleted, or is sent to the state as unclaimed property.



Texas Tech Federal Credit Union Unveils New Online Services

LUBBOCK, TEXAS (July 4, 2010) –Texas Tech Federal Credit Union plans to be the first local financial institution, in the Lubbock area, to offer an iPhone app. In August, Texas Tech FCU will go live with mobile banking along with a new lineup of services.


The $67 million credit union will offer the mobile services as part of its deployment of the WebFederal3 suite from PM Systems Corp. of Chapin, S.C., which also will include alerts, electronic notices and statements, and general online banking functionality.


Monday, August 9, 2010-Texas Tech FCU will host a Go Live Tent Party at their Main Branch on 1802 Texas Tech Parkway. The event will include: double-t wraps, drinks, Sheridan's Ice-Cream, KLLL Live Promo, and many give-a-ways. The event is free, and is from 11 a.m. to 2 p.m.


Texas Tech Federal Credit Union is 51 years old and has nearly 14,000 members. Currently, the credit union has three locations, with two full-service branches. Find more information at www.texastechfcu.org.