Pantex Federal Credit Union Receives Bauer Financial’s 5-Star Rating for 114 Consecutive Quarters

[Borger, Texas] - Pantex Federal Credit Union is proud to announce that it has once again been awarded Bauer Financial’s prestigious 5-Star rating for financial excellence. This marks an outstanding achievement of maintaining the highest rating from Bauer, for an impressive 114 consecutive quarters.

Bauer Financial, a leading independent bank and credit union rating firm, meticulously evaluates financial institutions based on their overall performance, strength, and stability. The 5-Star rating is a testament to Pantex Federal Credit Union’s unwavering commitment to providing exceptional financial services to its members.

“We are honored to receive Bauer Financial’s 5-Star rating for the 114th consecutive quarter. This achievement reflects our dedication to financial strength, prudent management, and, most importantly, the trust and satisfaction of our members,” said Curtis Hall, President and CEO of Pantex Federal Credit Union.

Pantex Federal Credit Union has consistently demonstrated sound financial practices, prudent risk management, and a focus on delivering value to its members. The 5-Star rating reinforces the credit union’s position as a reliable and trusted financial institution in the communities it serves.

This accomplishment is a result of the hard work and commitment of Pantex Federal Credit Union’s leadership and staff. The credit union remains steadfast in its mission to provide personalized financial solutions, competitive rates, and excellent service to its membership.

Members and the community at large can be confident in choosing Pantex Federal Credit Union for their banking needs, knowing that the credit union has achieved the highest level of financial stability for over 28 years.

For more information about Pantex Federal Credit Union and its services, please visit www.pantexfcu.com or contact 806-273-5692.

About Pantex Federal Credit Union: Pantex Federal Credit Union, established in 1940, is a member-owned financial institution committed to providing a full range of financial services to its members. With a focus on community involvement and member satisfaction, Pantex Federal Credit Union strives to be the preferred financial partner for individuals and families in the areas it serves.  In addition to the Pantex Federal Credit Union Main Branch in Borger, branches can be found in the Borger Walmart, in Fritch and in Pampa.

Contact:

Robert Forester

Pampa Branch Manager/Marketing Director

Pantex Federal Credit Union

[email protected]

January, 2024 — It is with great enthusiasm that I assume the role as the new President and CEO of Pantex Federal Credit Union. I am honored to have been appointed to this position, and I look forward to serving you and contributing to the continued success of our credit union.

I am committed to upholding the values and principles that have made Pantex Federal Credit Union a trusted financial partner for its members. My goal is to build upon the strong foundation laid by my predecessor and work collaboratively with our dedicated team to enhance the services and support we provide to each and every member.

As we embark on this journey together, I encourage you to share your thoughts, feedback, and aspirations for our credit union.  Your input is invaluable, and I am eager to ensure that Pantex Federal Credit Union remains a financial institution that meets the evolving needs of it’s members.

Thank you for your warm welcome. I am excited about the opportunities that lie ahead. Please feel free to reach out to me directly if you have any questions or if there's anything I can assist you with.

Wishing you financial success and well-being, 

Curtis Hall, President and CEO,

Pantex Federal Credit Union

January, 2022 — We did it again (Oops!), Pantex Federal Credit Union has once again earned Bauer Financial's highest 5-Star Rating!  A 5-Star rating from Bauer indicates that a credit union excels in such areas as: Capital Strength, Asset Quality, Profitability and more.  Pantex FCU has earned this rating for over 26 years, or as Bauer states it, for "106 consecutive quarters!"  With this rating, Pantex FCU has earned "Best of Bauer Credit Union" status, and Bauer recognizes Pantex FCU as "one of the Strongest Credit Unions in America!"  

"This 5-Star Rating from Bauer Financial further demonstrates Pantex's commitment of providing a strong and stable financial institution for our membership," stated Cliff Murley, PFCU President and CEO.

Bauer Financial has been independently analyzing and reporting on banks and credit unions since 1983.  Bauer has earned the respect of regulators, bankers and consumers across the country.  To learn more about Bauer Financial visit bauerfinancial.com.

Pantex FCU recognized by DepositAccounts.com as among the

"Top 200 Healthiest Credit Unions in America for 2021!"

Charlotte, N.C., Aug. 20, 2021 — DepositAccounts.com, a subsidiary of LendingTree, has released its list of the 2021 Top 200 Healthiest Credit Unions in America. “It is such an honor to have Pantex Federal Credit Union recognized among the top 200 healthiest in America,” said Cliff Murley, PFCU President and CEO “Being part of this list shows our commitment to excellence.”

DepositAccounts.com evaluates the financial health of every federally-insured bank and credit union in the United States once per quarter. To determine bank ranking and recognition, DepositAccounts.com grades each institution on a number of factors, including capitalization, deposit growth, and loan-to-reserve ratios. “We believe it is important to give consumers a way to evaluate the financial health of their institutions,” said Ken Tumin, founder of DepositAccounts.com. “Our list empowers consumers to make informed decisions when selecting a financial institution.” For a complete listing of the 2021 Top 200 Healthiest Credit Unions in America, visit https://www.depositaccounts.com/banks/health.aspx.

About DepositAccounts.com

DepositAccounts.com is the largest and most comprehensive online publication in the U.S. dedicated to banking and deposits product information for consumers. It covers every federally insured bank and credit union and utilizes its patented technology to track approximately 275,000 consumer deposit rates, each updated nightly. The site features more than 11,000 editorial articles detailing depository strategies and highlighting current bank rates and offers. It is also home to one of the largest communities of depositors on the Web, hosting more than 100,000 comments, customer reviews, and forum threads.

ALEXANDRIA, Va. (March 19, 2020) – The National Credit Union Administration is reminding credit union members of the safety of their deposits in federally insured credit unions. The NCUA also reminds individuals to remain vigilant against COVID-19-related scams. 

Federally insured credit unions offer a safe place for credit union members to save money. All deposits at federally insured credit unions are protected by the National Credit Union Share Insurance Fund, with deposits insured up to at least $250,000 per individual depositor. Credit union members have never lost a penny of insured savings at a federally insured credit union. Additional information on NCUA share insurance coverage for consumers is available at MyCreditUnion.gov.

Credit union members can calculate the amount of insured funds at a federally insured credit union using NCUA’s Share Insurance Estimator. The Estimator can be used for personal, business, or government accounts. Personal accounts include individual ownership, joint ownership, payable-on-death (accounts with named beneficiaries), living trusts, and IRAs. The Estimator also includes an extensive Glossary of Terms and Frequently Asked Questions.

For questions about the NCUA’s share insurance coverage, call 1.800.755.1030, option 1, Monday through Friday, 8 a.m. to 5 p.m. Eastern, or send an email to [email protected]. 

The NCUA is also reminding individuals to remain vigilant against scams related to the coronavirus. Cyber actors may send emails with malicious attachments or links to fraudulent websites to trick victims into revealing sensitive information or donating to fraudulent charities or causes. Exercise caution in handling any email with a COVID-19-related subject line, attachment, or hyperlink, and be wary of social media pleas, texts, or calls related to COVID-19. Visit NCUA’s Fraud Prevention Center for more information about frauds and scams, including how to report a scam.

NCUA is the independent federal agency created by the U.S. Congress to regulate, charter and supervise federal credit unions. With the backing of the full faith and credit of the United States, NCUA operates and manages the National Credit Union Share Insurance Fund, insuring the deposits of account holders in all federal credit unions and the overwhelming majority of state-chartered credit unions. At MyCreditUnion.gov, NCUA also educates the public on consumer protection and financial literacy issues.

"Protecting credit unions and the consumers who own them through effective regulation"

Pantex FCU's Proactive Approach to Mitigating Coronavirus Exposure

We would like to reassure our members, that Pantex FCU is continuing to take a proactive approach to mitigating exposure to the coronavirus for visitors to our branches and users of our facilities.  Pantex FCU is following all CDC, State of Texas and local Covid-19 guidelines.  Among the efforts being made, are regular antibacterial cleaning of common surfaces, such as counter tops and door handles.  Pantex FCU employees are regularly cleaning drive through and ATM facilities as well. Acrylic guards in place at all teller lines.  Although face masks are not required to be worn while inside the Pantex FCU branches, those visitors that choose to wear one need to note that they might be asked to breifly show their face for identification.  Pantex does however ask that members who visit our branches to continue to practice social distancing.  This is a smart practice that helps stop the spread and keeps everyone’s banking experience safe and comfortable.  Pantex FCU has placed hand sanitizer dispensers at the entrance of each branch... we invite visitors to take a squirt!

NOTICE: Insurance Requirement Change

IN THE PAST, The terms of loan/lease agreements (with Pantex FCU) has required that you obtain comprehensive and collision (physical damage) insurance against loss or damage, subject to a deductible of $500.00, on personal property that is securing your loan in the amount equal to your indebtedness to the credit union.

This requirement has been “relaxed,” by changing to a $1,000.00 deductible requirement on property used as collateral.  

IF CURRENTLY you have a personal property (non-mortgage) loan, you may contact your insurance agent/carrier regarding raising your deductible (changing your coverage.)  More likely than not, this will lower your insurance premium.  Please consult your insurance agent regarding the “pros and cons” of changing your coverage.

If a change is made, please provide Pantex Federal Credit Union with an updated proof of insurance coverage.

ATM at ACE Hardware

_{For your convenience, Pantex FCU recently added another ATM. It is inside the Morton Lumber ACE Hardware at 1404 West Wilson Street.}  

_{This is the eighth ATM in Hutchison County owned by Pantex!}

_{The hours at Morton are:}

_{Mon-Friday:  7:30-7:00}

_{Saturday:      7:30-5:30}

_{Sunday:        1:00-5:00}