User:Megyates

EDS Credit Union History

1974- Electronic Data Systems Corporation submitted an application to the National Credit Union Administration (NCUA) for a charter to form a federal credit union. Mr. Thomas D. Behne, President, E.D.S. Employees Federal Credit Union (EDSEFCU) received a letter from the NCUA granting Charter No. 21663.

1979- The Board of Directors (BOD) elected Glen Scatterday president of EDSEFCU.

1980- The first branch opened in Bethesda, Maryland to serve a high concentration of EDS employees working on government accounts.

1984- At the end of EDSEFCU’s first decade they had more than $20 million in assets and were among the top 15 percentile of largest credit unions in the country.

1990- Glen Scatterday retires as president and Bob Flinchbaugh is named as his successor.

1991- EDSEFCU launched a new logo to reflect their technology roots.

1999- Bob Flinchbaugh retires as president and Mark O’Bryan is named as his successor.

2002- EDSEFCU became a Texas state chartered credit union under Charter No. 68505 as EDS Credit Union (EDSCU).

2005- Kent L. Lugrand was named as President & CEO of EDSCU.

2010-The Credit Union changed its name to InTouch Credit Union and has grown to be a solid financial institution with $863 million in assets; serving 71,181 members at 20 branches in 6 states.