History

The Dallas U.P. Employees Credit Union charter was applied for on April 13, 1953, by ten men of the Southern Pacific Railroad. The state credit union department approved the application on May 20, 1953, and the Dallas S.P. Employees Credit Union was created. The ten men put up $5 per share each to fund the credit union.

Our Ten Original Founders of the Credit Union

  • Hoyt Howard Frasier

  • J. W. McCaig

  • Numan Dean Whittle

  • John F. Lewis

  • N.A. McKiddy

  • Sidney T. Helm

  • B.O. Calhoun

  • Robert F. Ingle

  • B.F. Allen

  • James L. Cornell, Jr

With ten members and $50 in assets, the credit union was on its way to serve the employees of the Southern Pacific Railroad and its subsidiaries. The credit union continued to grow through the years, but never forgot our humble beginnings.

In 1995, the Union Pacific Railroad bought out the Southern Pacific Railroad. The Board of Directors decided that the credit union’s name should be changed to reflect the change in the railroad. In September of 1997, the Board applied to the state credit union department to change the name to the Dallas U.P. Employees credit union.  

We have grown from that original $50 to over $20 million in assets, all while staying true to our roots, our railroad family.