About

Our Mission, History and People

About Us

Safety and convenience

Mission Statement

The Big Spring Education Employees Federal Credit Union was organized in 1955 to provide its members with a safe, convenient place to save. and a source of low-cost credit when needed. Improving current services and providing new ones for our members is our goal. Our ability to provide these expanded services requires that each of us perform our duties cheerfully, faithfully and conscientiously. The Board of Directors, management and our members (who are actually our employers) expect it.

Father and daughter outside with the blue sky in background

Service Area

Our service area includes the following counties in Texas: Howard, Mitchell, Glasscock, Borden, Martin, Sterling, and Reagan.

Credit Unions

Definition and history of credit unions

What is a credit union?

A credit union is a cooperative financial institution, owned and controlled by the members who use its services. Credit unions serve groups that share a common bond, such as where they work, live or go to church. Credit unions are also not-for-profit and exist to provide a safe, convenient place for members to save money and to get loans and other financial services at reasonable rates.

In credit unions, the members are the owners. Benefits of ownership include better rates on deposits and loans and better service. Regardless of their size or field of membership, credit unions are different than for-profit financial institutions. Credit unions exist to serve their members. Banks and other financial institutions exist to make money for their stockholders.

From the World Organization of Credit Unions 

Multiple people putting coins in a piggy bank, representing a community pooling their savings to loan out to each other

History of Credit Unions

The credit union idea was born more than a century ago in the heart of Frederick William Raiffeisen, mayor of a small town in Germany. The atmosphere of its birth was famine among farmers. Debt of epidemic proportions and unscrupulous money lenders were taking all that the farmers owned. Deeply troubled by the suffering of his people, Raiffeisen appealed to wealthy citizens for aid, but their help was inadequate. This was the time for the dawn of a new idea and it came to Raiffeisen in these troubled times – an idea that people could surmount this common problem of poverty by pooling their own meager savings and lending them to each other at a low rate of interest. This was the credit union idea.

Personnel

The people behind BSTCU

Big Spring Location

  • Ashley Martin, CEO
  • Christina Grove, Vice President
  • Jennifer Tidwell, Management Trainee
  • Trudie Stovall, Share Draft Coordinator
  • Jennifer Petersen, Loan Officer
  • Amber Wilson, Loan Officer
  • Kasey Delafuente, Head Teller
  • Kayla Schlipf, Collections/ Compliance Officer
  • Eneida Smith, Teller
  • Aimee Cervantes, Part-Time

Colorado City Location

  • Teresa Lopez, Branch Manager
  • Alva Garcia, Loan Officer
  • Joaquina Llewelyn, Teller
  • Alexa Garcia, Part-Time

Board of Directors

  • Linda Conway, Chairman
  • Leatrice Brown, Vice Chairman
  • Peggy Skiles, Secretary/Treasurer
  • James McFarland, Director
  • Pam Walker, Director
  • Amber Buske, Director
  • Jackie Bagnall, Director

Supervisor Committee

  • Peggy Skiles, Chairman
  • Charles Goodlett, Member
  • Jason Mims, Member

Approved Loan Officers

  • Alva Garcia
  • Ashley Martin
  • Christina Grove
  • Jennifer Petersen
  • Teresa Lopez
  • Amber Wilson

Credit Committee

  • Pam Walker, Chairman
  • Bill Schaffner, Secretary
  • JoAnn Loudamy, Member